Topaz Energy and Marine recently signed long-term vessel support contracts with various clients totaling US$160mn.
Logistics
GE Lighting opens distribution centre in Middle East
GE Lighting opens its first full-fledged distribution centre in the Middle East in Jebel Ali Free Zone, Dubai recently.
Etihad Rail awards sleeper contract to PCM Strescon
Etihad Rail awarded Indian-based PCM Strescon Overseas Ventures Limited (PCM Strescon) the contract for the provision of railway sleepers.
Iran sees tractor exports reach US$48mn
Revenues from tractor exports reached over $48.8mn in the last Iranian year (ended March 20), announced the managing director of Iran Tractor Manufacturing Company (ITMCO).
Equipment tenders to be launched by Etihad Rail
Etihad Rail is inviting companies to apply for prequalification to be shortlisted for tendering, on a competitive basis, for the supply of railway maintenance equipment.