TendersInfo back issues from October 2008:
United Arab Emirates : UOP Technology Selected by Abu Dhabi Oil Refining Company for Refinery Expansion in United Arab Emirates.
Oct 01, 2008 ... Byline: pinto03 UOP LLC, a Honeywell HON company, announced today that the Abu Dhabi Oil Refining Company, also known as Takreer, has selected UOP to supply technology and engineering services for an expansion at its Ruwais Refinery in the United Arab Emirates. The ...
United Arab Emirates : International Hotel Brand The Address Hotels + Resorts Opens First Hotel in Downtown Burj Dubai.
Oct 01, 2008 ... Byline: pinto03 The newest hotel in Dubai has opened its doors to guests. The Address, Downtown Burj Dubai, developed and managed by Emaar Hospitality Group, assures a luxury hotel experience defined by its location in the heart of Dubai, tangible guest benefits, and superior ...
United Arab Emirates: Zaya approaches contractors for Nurai project.
Oct 01, 2008 ... Byline: pinto03 Local developer Zaya has approached contractors for its Nurai project in Abu Dhabi emirate. The project involves the construction of a five-star resort, residential villas and other residences on an island ...
United Arab Emirates: Tristar wins Arabian Canal contract.
Oct 01, 2008 ... Byline: pinto03 Abu Dhabi-based Tristar Transport & Contracting has been awarded the estimated AED8bn ($2.1bn) first phase earthworks contract on the AED40bn Arabian Canal project. The contract involves removing more than 200 million cubic metres of earth which will be used to ...
United Arab Emirates: Credit crisis jeopardises US$20 bn loans.
Oct 01, 2008 ... Byline: Mamta03 The growing scale of the crisis afflicting the global banking industry has thrown a spotlight on the financing needs of the country and particularly the renewal of a large stock of short-term debt held by Dubai. Few doubt that the UAE has the means to ...
United Arab Emirates: UAE fund fails to stabilise markets.
Oct 01, 2008 ... Byline: pinto03 Lending between banks in the GCC has continued to falter despite a liquidity injection of AED50bn ($13.6bn) from the Central Bank of the UAE, with borrowing rates rising to more than 4 per cent in the UAE and Saudi Arabia. One-month interbank rates in Saudi ...
United Arab Emirates: UAE investors who dealt with Lehman to lose most of savings.
Oct 01, 2008 ... Byline: sander03 UAE-based investors who invested their savings in capital protected structured notes and preferred stocks from Lehman Brothers stand to lose most of their investments, Gulf News has learnt.A number of local and international banks sold these investment products ...
United Arab Emirates: UAE stocks buck bearish trend in Asian markets.
Oct 01, 2008 ... Byline: sander03 The UAE markets bucked the trend of falling Asian markets, extending its rally for the third straight day in a bear market in the hope that the US Congress would approve the bailout package and aid in restoring confidence in the global financial system. ...
United Arab Emirates : Spain s Abengoa to bid for Abu Dhabi solar plant.
Oct 01, 2008 ... Byline: shankar203 Spain s Abengoa plans to make a bid to participate in a 500 megawatt solar power plant in Abu Dhabi before the deadline closes in October, the chief executive of the firm s Spanish thermal solar unit said. We will be lodging a bid for the tender ...
Afghanistan: Italy to supply 18 planes to Afghanistan.
Oct 01, 2008 ... Byline: kusumv03 An Italian company has won a 287 million dollar contract to supply 18 transport planes to the Afghan armed forces through the US air force, the Italian group Finmeccanica said Tuesday. Alenia Aeronautica, a subsidiary of Finmeccanica, signed the ...
Afghanistan : Alenia North America wins Afghanistan contract.
Oct 01, 2008 ... Byline: kusumv03 Alenia North America has won a $287 million contract from the Air Force to sell 18 C-27A cargo airplanes to Afghanistan. The planes will go to the Afghan National Air Corps as a U.S. foreign military sale. The money comes out of the U.S. security ...
Antigua and Barbuda: Government launches series of economic consultations.
Oct 01, 2008 ... Byline: sander03 The government will be mounting a series of consultations to address issues of importance to the economic and social development of Antigua and Barbuda. The main objective of these consultations/meetings is to engage the public and key stakeholders in ...
Albnia : Verbund to build 160 mln euro Albania hydro plant.
Oct 01, 2008 ... Byline: prashant03 Austrias Verbund on Tuesday signed a deal to build a 160 million euro ($229.6 million) hydropower plant on northern Albanias Drin River, the fourth plant on the river but the first there for 30 years. "We plan to be in operation in 40 months," ...
Argentina : Antrim Starts Up Argentine Gas Production at Tierra del Fuego Project.
Oct 01, 2008 ... Byline: pinto03 Antrim Energy Inc. announced that on September 18, the gas gathering system for its Tierra del Fuego project in Argentina went on-stream, delivering gas to mainland Argentina. Antrim's working interest in the Tierra del Fuego concession is 25.78%. The ...
Argentina : IFC Arranges Financing for Leading Retailer in Argentina.
Oct 01, 2008 ... Byline: sander03 IFC, a member of the World Bank Group, signed an agreement with Cencosud S.A., a leading retailer in Argentina, to support the company s debt refinancing and investment plans and promote the development of the retail sector in Argentina. The $140 ...
Australia : $16m upgrade to Fleetwood contract.
Oct 01, 2008 ... Byline: pinto03 Accommodation provider Fleetwood Corporation Ltd's contract with Worsley Alumina Pty Ltd has been expanded by some $16 million. In a brief statement today, Fleetwood said Worsley has issued a contract change order confirming the increase in the ...
Australia : Brockman signs native title agreement.
Oct 01, 2008 ... Byline: pinto03 Brockman Resources Ltd has signed a native title agreement over its Pilbara iron ore project, putting it on track to achieve first production late next year. The company today signed the agreement with the Martu Idja Banyjima native title claim group. The ...
Australia : Engin to launch ADSL2+ in October.
Oct 01, 2008 ... Byline: pinto03 Australian news source itWire is reporting that VoIP provider Engin will launch ADSL2+ services in October 2008, after delaying the commercial launch of its broadband offering from earlier this year. Having initially announced plans to enter the ADSL market in ...
Australia : ASG launches $3m takeover of Qld firm.
Oct 01, 2008 ... Byline: pinto03 Perth-based IT services provider ASG Group Ltd will expand its presence in the Queensland market with a $3 million acquisition of A-DB Group. The acquisition of A-DB, which has offices in Brisbane and Adelaide, establishes ASG in every mainland capital city and ...
Australia: Council shelves Bennys Hill effluent plant plan.
Oct 01, 2008 ... Byline: sandesh03 The 2004 plans for an upgraded wastewater treatment system for Clare have been shelved to make way for a new strategy that could save the community more than $300,000. It s been more than four years since the Clare and Gilbert Valleys Council first ...
Australia: Big miners push exports to $68bn.
Oct 01, 2008 ... Byline: manish03 While the state continues on its record run with $68 billion in exports, three big resource sector producers dominate the field. Janelle Macri reports. WESTERN Australia reached a record $68 billion in exports in 2007-08, fuelled by the minerals and ...
Australia : Perseus gold project to cost $220m.
Oct 01, 2008 ... Byline: pinto03 Balcatta-based Perseus Mining Ltd has estimated capital costs for its gold project in Ghana to cost $220 million as the definitive feasibility study remains on track for completion in April next year. The company today provided an update on its Ayanfuri gold ...
Australia: Manufacturing activity dips in September.
Oct 01, 2008 ... Byline: sujit03 Manufacturing activity fell for a fourth straight month in September as high interest rates and falling demand kept firms under pressure, a survey says. The Australian Industry (AI) Group-PricewaterhouseCoopers Australian performance of Manufacturing ...
Australia: When money dries up, major projects are left high and dry.
Oct 01, 2008 ... Byline: Mamta03 BIG business says it will struggle to raise funds for major projects as the world financial crisis deepens. Infrastructure companies said yesterday that it was becoming increasingly difficult to raise money. Premier John Brumby agreed it ...
Australia: Burns in dark on new $300m jail location.
Oct 01, 2008 ... Byline: deepak03 TERRITORIANS still do not know the location of a proposed new $300 million jail. Justice Minister Dr Chris Burns said yesterday he had not been told the three possible prison sites that are being considered by the Department of Planning and Infrastructure. ...
Australia: RoadTek awarded road maintenance contract.
Oct 01, 2008 ... Byline: Mamta03 The Queensland Government s construction arm RoadTek has been awarded the contract to maintain a number of major freight and road corridors in south-west Queensland. Main Roads awarded the $1.1 million contract to RoadTek, which will complete a number ...
Australia: Hygro-thermometer checks performance of HVAC.
Oct 01, 2008 ... Byline: sanjayV03 PRACTICAL Control Solutions has released a digital hygro-thermometer said to provide fast response measurements of atmospheric humidity and temperatures. According to the company, the GFTH95 is suited for checking the performance of air conditioning ...
Australia: Canberra Airports $250m project falls victim to crisis.
Oct 01, 2008 ... Byline: kusumv03 Canberra International Airport's $250million new terminal, the territory's biggest private-sector project, is on hold indefinitely as a result of the global financial turmoil. Unveiled last December, the three-storey terminal was to double the number ...
Australia: Australian share market plunges at open.
Oct 01, 2008 ... Byline: sander03 The Australian share market plunged at the open on Tuesday after Wall Street went into meltdown overnight when a $US700 billion ($A879.78 billion) proposal to bailout US financial institutions was rejected by lawmakers.The US House of Representatives voted ...
Australia : Toro to raise $26m for WA uranium plan.
Oct 01, 2008 ... Byline: pinto03 A renewed vigour over uranium prospects in Western Australia has prompted Adelaide-based Toro Energy Ltd to launch a $26 million capital raising, with nearly half of the funds underwritten by major shareholders Oz Minerals Ltd. The company will issue some 130.2 ...
Australia: RBA triples Fed swap line to $US30b.
Oct 01, 2008 ... Byline: sander03 The Reserve Bank of Australia has expanded its currency swap line with the US Federal Reserve as part of a co-ordinated effort among global central banks to boost US dollar liquidity. The RBA and the Fed agreed to increase its swap facility by $US20 ...
Australia : BC Iron completes drilling at Nullagine iron ore project.
Oct 01, 2008 ... Byline: manish03 BC Iron Limited (ASX: BCI) is pleased to report that it has received further excellent results from the resource infill drilling program at the Companys 100%-owned Nullagine Iron Ore Project in Western Australias Pilbara region. Assay results have ...
Australia : Philippines seeks to bolster mining investment.
Oct 01, 2008 ... Byline: manish03 In a bid to revitalise and attract investment in its mining sector, the government of the Philippines has invested in several initiatives, including the creation of a cabinet level mining council to ensure the harmonisation of mining concerns with other ...
Australia: New ticketing system another step in transport revolution.
Oct 01, 2008 ... Byline: shrishail98 The overhaul of South Australia s public transport system has gathered further momentum with the Rann Government calling for expressions of interest to supply a state-of-the-art ticketing system. Transport Minister Patrick Conlon says an international call ...
Australia & New Zealand: Lasseters to gain A$10.1m from sale of 12 hotels.
Oct 01, 2008 ... Byline: yunus205 Australia and New Zealand-based gaming group Lasseters International Holdings has sold 12 hotels for A$92 million (S$107.95 million), and proceeds will help the company undertake a proposed share buyback programme. This comes after the ...
Australia: Leighton shortlisted for VIC desalination plant.
Oct 01, 2008 ... Byline: shiv03 Leighton Holdings Limited (LEI) said that two of its subsidiaries had been shortlisted by the Victorian Government for the design, construction and maintenance of a proposed desalination plant. The shortlist involves only two consortia, of which Leighton is ...
Australia : BHP Billiton, Rio Rebound as Investors Judge Plunge as Overdone.
Oct 01, 2008 ... Byline: manish03 BHP Billiton Ltd., Rio Tinto Group and Xstrata Plc rebounded in London trading as investors judged slumps of as much as 19 percent yesterday meant prices no longer reflected the outlook for demand for raw materials. Mining companies are trading at ...
Australia: Sharemarkets $60bn wipeout.
Oct 01, 2008 ... Byline: manish03 ABOUT $60 billion has been erased from the Australian sharemarket's value, reducing investors' portfolios to 2005 levels, after the US Congress voted down a $US700 billion plan to rescue ailing banks. The S&P/ASX 200 Index see-sawed to its ...
Australia: IEC approves WirelessHART 7.1 for automation.
Oct 01, 2008 ... Byline: prashant03 The WirelessHART Communication Specification (HART 7.1) has been approved by the International Electrotechnical Commission (IEC) as a Publicly Available Specification (IEC/PAS 62591Ed. 1). In a landmark move for the process automation industry, the ...
Australia: Overseas consortia on desal plant list.
Oct 01, 2008 ... Byline: sanjayc03 Two private overseas consortia have been shortlisted to build a $3.1 billion desalination plant on Victorias southeast coast. The bidders, from a field of eight, will vie for the contract to build the plant under a public-private partnership with the ...
Azerbaijan : Caspian Qala Platform Supply Vessel Set for BP Ops in Azerbaijan.
Oct 01, 2008 ... Byline: pinto03 Renaissance Services SAOG subsidiary TOPAZ Energy and Marine recently named their new build UT 755L Platform Supply Vessel "Caspian Qala" in Baku Azerbaijan. The vessel is 72.60m in length, 16m breadth with a deadweight capacity of 3,300 tonnes. It is ...
Bangladesh : Three cellcos given more spectrum.
Oct 01, 2008 ... Byline: pinto03 The Bangladesh Telecommunication Regulatory Commission (BTRC) yesterday allocated a 17.5MHz block of additional wireless spectrum to the three largest mobile operators in the country, reports local newspaper the Daily Star. Market leader GrameenPhone was awarded ...
Belgium, France & Luxembourg: Belgian bank gets 6.4b euro(S$13 billion) lifeline.
Oct 01, 2008 ... Byline: yunus205 Dexia became the second Belgian bank this week to get a government and shareholder bailout yesterday when Belgium, France and Luxembourg said they would inject almost 6.4 billion euros (S$13 billion) to keep it afloat. Dexia, a French-Belgian ...
Bulgaria: Witte Automotive to invest BGN 21 M (USD 15 Million ) in automotive plant.
Oct 01, 2008 ... Byline: pinto03 Witte Automotive Bulgaria, owned by the German Witte Automotive GmbH, will invest BGN 21 million (USD 15 mn)into an electronic and mechanic car parts production in a Rousse-based ...
Bulgaria: Alfa Finance Holding Austrian Hypo Investmentbank to set up joint bank.
Oct 01, 2008 ... Byline: pinto03 Bulgarian industrial and financial company Alfa Finance Holding and Austrian Hypo Investmentbank AG seek regulatory approval to create a joint bank in Bulgaria in the second half of 2009. The majority stake of the joint bank will be held by HYPO Investmentbank, ...
Bulgaria: Watchdog approves Eko Opet Aygaz acquisition deal.
Oct 01, 2008 ... Byline: pinto03 Bulgarian regulator has approved Eko Bulgaria s EUR 35.25 million (USD 49 mn) deal on Opet Aygaz Bulgaria EAD acquisition. The deal will not create a dominant position for the buyer, as it will bolster both competition and business quality, said the watchdog. ...
Bulgaria: Alfa Finance, Hypo Investmentbank to create joint lender.
Oct 01, 2008 ... Byline: sander03 Bulgarian industrial and financial company Alfa Finance Holding and Austria s Hypo Investmentbank AG have signed a long-term cooperation agreement and will seek a regulatory nod to launch a joint bank, majority-owned by the Austrian company. Alfa ...
Bahrain : Tata and Batelco link up.
Oct 01, 2008 ... Byline: pinto03 Indian telco Tata Communications has expanded its global MPLS network reach through a partnership with Bahrain Telecom Company (Batelco), enabling Tata to offer MPLS VPN services in Bahrain, Kuwait, Jordan and other locations in the Middle ...
Bahrain: Gulf Air and Edamah plan Bahrain airport maintenance facility.
Oct 01, 2008 ... Byline: pinto03 Gulf Air has agreed with Bahrain Real Estate Company (Edamah) to build a hangar and maintenance facility at Bahrain International Airport worth more than $50m. The hangar, which is scheduled to be completed by 2011, will have capacity for three wide-body aircraft ...
Bahrain: Bahrain government approves plan for monorail train network.
Oct 01, 2008 ... Byline: pinto03 Arabian Business reported that Bahrain's government has approved plans for a monorail train network to ease traffic congestion in Manama. The Cabinet has unveiled ambitious plans to overhaul public transportation through introducing the Monorail Metro, similar to ...
Bahrain: ESB International bids for Bahraini power work.
Oct 01, 2008 ... Byline: pinto03 Bahrain's Electricity & Water Authority (EWA) has received one bid for a transmission network consultancy contract. ESB International (ESBI), a wholly-owned subsidiary of Ireland's Electricity Supply Board, was the only company to submit a bid for the work. The ...
Bahrain : Dubai Group acquires controlling stake in Bahrain real estate firm.
Oct 01, 2008 ... Byline: sander03 Dubai Group has acquired a controlling 51 per cent stake in Bahrain s Acacia Real Estate Ltd for AED 282.83 million. Dubai Ventures Group, a unit of Dubai Group, acquired the stake to gain access to Acacia's property deals, knowledge in structuring real-estate ...
Bolivia : IDB to lend US$1.7bn for water, sanitation projects this year.
Oct 01, 2008 ... Byline: deepak03 IDB is set to lend over US$1.7bn for water and sanitation projects in Latin America and the Caribbean this year, IDB official Patricio Naveas said. Informe de actividades del grupo de iniciativa del grupo de trabajo sobre estadisticas ambientalesSome ...
Brazil : Anadarko Makes Pre-Salt Discovery at Wahoo Prospect Offshore Brazil.
Oct 01, 2008 ... Byline: pinto03 Anadarko Petroleum Corporation has announced a pre-salt discovery at the Wahoo prospect offshore Brazil in the Campos Basin. The 1-APL-1-ESS well, drilled by the drillship Deepwater Millennium, is located on block BM-C-30 in approximately 4,650 feet of water ...
Brazil : Vale unveils US$7.87mn ferrous technological center.
Oct 01, 2008 ... Byline: pinto03 Brazilian miner Vale has inaugurated a 15mn-real (US$7.87mn) center to develop ferrous metals technologies to maximize the value of its iron ore, Vale said in a statement. The unveiling of the center happened Tuesday afternoon. The center will enable ...
Brazil : SEP publishes tender call for Recife port dredging works.
Oct 01, 2008 ... Byline: pinto03 Pernambuco state's Recife port is one step closer to its dredging project as Brazil's special ports department (SEP) published the international tender call for the initiative in the official gazette Diario Oficial da Uniao on September 29, paper Gazeta ...
Brazil : Sabesp launches roadshow for US$156mn bond issue.
Oct 01, 2008 ... Byline: pinto03 Sao Paulo state water and sewerage utility Sabesp has launched a roadshow for a non-convertible bond issue worth up to 300mn reais (US$156mn). The company will offer up to 300,000 bonds with a nominal value of 1,000 reais each, the report said. The ...
Brazil : Rio de Janeiro to install 6,000 new power connections.
Oct 01, 2008 ... Byline: pinto03 Brazil's Rio de Janeiro state government has authorized the installation of 6,000 new power connections as part of the rural power program Light For All. Specifically, the 50mn-real (US$26mn) installation program will give 6,000 new houses in poor ...
Brazil : JV Darby-Stratus raises US$202mn for BMIF.
Oct 01, 2008 ... Byline: pinto03 US firm Darby Overseas Investments announced it has completed fund-raising for its Brazil Mezzanine Infrastructure Fund (BMIF) with total capital commitments of 388mn reais (US$202mn), according to local reports. The fund is a joint venture with ...
Brazil : Intelbras partners with Intel for development of ultraportable laptop.
Oct 01, 2008 ... Byline: pinto03 Brazilian hardware manufacturer Intelbras has partnered with US chip maker Intel for the development of its first ultraportable netbook model, the former said in a statement. The product is expected to be available in stores by Christmas with an ...
Brazil : Espirito Santo governor prepares alternative expansion plan for Vitoria port.
Oct 01, 2008 ... Byline: pinto03 The governor of Brazilian state Espirito Santo, Paulo Hartung, is in talks with the operators of Praia Mole port about an expansion initiative at the state's Vitoria port, paper Gazeta Mercantil reported. Since June, Hartung has been trying to obtain ...
Brazil : Copel investing US$25mn to improve distribution in Curitiba.
Oct 01, 2008 ... Byline: pinto03 Brazilian power company Copel plans to invest 49mn reais (US$25mn) in the coming five years to expand its transport system and high-voltage distribution services in Curitiba, Parana state. The goal is to increase power supply to consumers and improve ...
Brazil : Companies trade US$31.5bn, 427TWh in power auction.
Oct 01, 2008 ... Byline: pinto03 Brazilian power companies traded 60.5bn reais (US$31.5bn) in contracts at the September 30 government-run power auction in Sao Paulo. Thirty-nine distribution companies bought 427TWh at the auction for an average price of 145.23 reais per MWh from 23 ...
Brazil : Brazil, Venezuela sign seven new agreements.
Oct 01, 2008 ... Byline: deepak03 Brazilian President Luiz Inacio Lula da Silva and his Venezuelan counterpart Hugo Chavez inked seven agreements on Tuesday in a bid to step up bilateral cooperation. "The impact of these agreements in Venezuela is amazing. I want to thank Brazil for ...
Brazil: Votorantim Selects GT Nexus as Global Freight Management Technology Platform.
Oct 01, 2008 ... Byline: sujit03 GT Nexus announced today that its trade and logistics portal has been selected and deployed by the Votorantim Group, a Brazilian industrial conglomerate, as its global transportation management system of record. The technology, which is being provided entirely ...