Tyco International Ltd announced that it has completed its acquisition of a 75 per cent equity stake in United Arab Emirates-based KEF Holdings Ltd. (KEF), an integrated valve manufacturer and provider of steel castings to the oil and gas, chemical, mining and power industries.
Nokia Siemens Networks signed a strategic partnership agreement with Al Sarya Telecommunications Company and Belal Company, both of Saudi Arabia (members of Ghazzawi Group of Companies) to establish Nokia Siemens Networks al Saudia Ltd as a joint-venture company.
Emerson Process Management announces a programme of interactive webinars in June/July 2011 that will demonstrate how wireless and digital technologies enable easier and more profitable operations.
Standard & Poors Ratings Services assigned a BBB- long-term corporate credit rating to Dubai Electricity and Water Authority (DEWA), the public provider of electricity and water services. S&P set their outlook for DEWA as stable.
Honeywell launched its OneWireless Rotating Equipment Solution, a comprehensive suite of products and services that is part of Honeywell Process Solutions (HPS) Reliability and Asset Management portfolio.
