DAFZA signs MoU with China Pilot Free Trade Zone
Technology
Panasonic and Yahsat sign broadband connectivity deal

Yahsat CEO Masood M. Sharif Mahmood (left) with Paul Margis, president and CEO of Panasonic Avionics.
Panasonic Avionics (Panasonic) and Yahsat have signed a Memorandum of Understanding (MOU) to explore new ways to offer a broadband connectivity solution serving several mobility markets in the Middle East within the next three to five years
Honeywell launches automation college in Kuwait
The college will offer more than 300 courses covering skills and knowledge across a variety of sectors.
Honeywell, the global technology and manufacturing company, has inaugurated an automation education facility in Kuwait that will attempt to boost the technical skills of process industry professionals in the emir
Terumo opens new office to strengthen MENA presence
The European branch of Terumo Medical Cooperation, a Japanese multinational medical products and equipment company has set up a new office at DAFZA (the Dubai Airport Freezone) in a bid to improve customer relations in the Middle East and Africa
APICORP and Bahri launch US$1.5bn shipping fund
APICORP will be the main investor and fund manager and Bahri will be the exclusive commercial and technical manager. (Image source: Bahri)
The Arab Petroleum Investments Corporation (APICORP) and The National Shipping Company of Saudi Arabia (Bahri) have announced the launch of a landmark shipping fund to acquire very large crude carriers (VLCCs)