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Technology

ABB, A LEADING power and automation technology group, has won an order worth US$48mn from the SEPCO III Electric Power Construction Corporation, a leading Chinese EPC (Engineering, Procurement, Construction) company, to deliver a substation for a new power plant in Saudi Arabia.The order was booked in the fourth quarter of 2009.

p>ABB, A LEADING power and automation technology group, has won an order worth US$48mn from the SEPCO III Electric Power Construction Corporation, a leading Chinese EPC (Engineering, Procurement, Construction) company, to deliver a substation for a new power plant in Saudi Arabia.The order was booked in the fourth quarter of 2009.



RUBBER WORLD INDUSTRIES (RWI), the leading manufacturer of closed-cell rubber insulation Gulf-O-flex in the Gulf and South-East Asia, and part of the international business conglomerate, the Memon Group of Companies, revealed that it has supplied a total of 120 containers of rubber insulation products worth US$1.22mn to customers based in Iran in 2009.

METITO, THE UAE-based utilities provider, is unlikely to go for an IPO this year and may opt to concentrate on aggressive expansions first.

p>METITO, THE UAE-based utilities provider, is unlikely to go for an IPO this year and may opt to concentrate on aggressive expansions first.

ROLLS-ROYCE, THE global power systems company, has signed a tenancy agreement with the Qatar Science and Technology Park (QSTP).

p>ROLLS-ROYCE, THE global power systems company, has signed a tenancy agreement with the Qatar Science and Technology Park (QSTP).



AT THE BEGINNING of 2009, UFI, the Global Association of the Exhibition Industry, decided to assess the impact of the economic downturn by developing a ?Crisis Barometer? based on the perceptions of UFI members in 82 countries.

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