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Emirates Airlines initiates first-ever In-flight mobile service
DS Ranking: # 23
Company: The Emirates Group
Country: United Arab Emirates
Industry: Airlines
Emirates Airlines, one step ahead, became the premier airline to introduce mobile services on its Boeing aircraft, using the technology from Aeromobile, the technology experts. The passengers onboard can send text messages (SMS) and also make calls. Passengers, wanting to avail the service would be requested to keep their mobiles on 'silent' profile and minimize the calls during night flights. |
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External Links:
Just the Flight
Holiday Extras
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Turkish Airlines expands with 2 more Boeings
DS100 Ranking: # 51
Company: Turkish Airlines
Country: Turkey
Industry: Airlines
Turkish Airlines recently received 2 Boeings, increasing the total fleet number to 110 whereas the number of Boeing 737 planes with the airline summed up to 55. The airline has 108 direct destination flights and is in its 75th year running.
External Links:
Alternative Airlines
Hurriyet
TurkCell takes over Belarusian Telecommunications Network
DS Ranking: # 41
Company: Turkcell
Country: Turkey
Industry: Telecommunications
Turkcell recently tied a strategic knot with Belarus mobile provider, Belarusian telecommunications provider (BeST), purchasing 80% stake worth $500 million. This investment will enable Turkcell to enter potential markets such as Belarus, where only 65% of its population uses mobile services. The payout of $500 million would be done in 3 phases.
External Links:
CBR Online
Todays Zaman
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Telkom Indonesia posted 5% profit decline in its first half
DS Ranking: # 34
Company: Telkom Indonesia
Country: Indonesia
Industry: Telecommunications
Telkom Indonesia posted a 4.9% profit decline in its first half irrespective of its increasing subscriber base. Its profit for Jan-June period was 6.3 trillion rupiah from 6.6 trillion rupiah a year ago.
External Links:
Reuters
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Telekom Malaysia ties expansion deal with Ericsson
DS Ranking: # 34
Company: Telkom Indonesia
Country: Indonesia
Industry: Telecommunications
Telekom Malaysia accorded a two-year contract to Swedish firm Ericsson, responsible for the expansion of its optical network framework and related network management. The new technology would offer better speed and performance, enabling the service provider to meet consumer needs for broadband and IPTV services.
External Links:
IPTV News
Telegeography
| Auto & Truck Manufacturing |
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Iran Khodro plans on exporting cars to Afghanistan
DS Ranking: # 24
Company: Iran Khodro PLC
Country: Iran
Industry: Auto & Truck Manufacturing
Iran Khodro, the largest Middle-East car manufacturer recently announced its plans of exporting 4,000 cars to Afghanistan by 2009. The company so far has exported 100 cars to Afghanistan and plans to export 1800 in the near future. The managing director of the company announced future plans of exporting 50% of its total production by 2016. |
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External Links:
IranMania
DP World and Port of Brisbane ink $40 million lease deal
DS Ranking: # 89
Company: DP World
Country: United Arab Emirates
Industry: Marine Cargo Handling
DP World and Port of Brisbane signed a lease contract worth $40 million, according to which, DP World will lease a container-only terminal for a 20-year term with a 20-year option. In addition, it will offer container handling services at the 3 terminals it currently leases.
External Links:
Reuters
All Headline News
Trading Markets
Gudang Garam posted 25% profit hike in its first half
DS Ranking: # 73
Company: Gudang Garam Tbk Pt
Country: Indonesia
Industry: Tobacco
PT Gudang Garam reported a 25% profit hike in its first half, posting a figure of 891.4 billion rupiah, up from 710.6 billion, a year ago. Revenues notched up to 15.1 trillion rupiah, posting a 12% increase.
External Links:
Reuters
Pakistan State Oil plans to purchase 910,000 tonnes of sulphur fuel
DS Ranking: # 31
Company: Pakistan State Oil
Country: Pakistan
Industry: Oil & Gas Operations
Pakistan State Oil has announced plans of buying 910,000 tonnes of high sulphur oil to taper an acute power shortage in the country. Recently, 320,000 tonnes of high sulphur fuel oil were purchased for April-July delivery to help meet the consumer appetite for power utilities.
External Links:
The News
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Kazakh and Chinese Oil giants sign gas pipeline deal
DS Ranking: # 28
Company: KazMunayGas
Country: Kazakhstan
Industry: Oil & Gas - Integrated
Kazmunaygas and China National Petroleum Corporation (CNPC) have come together to sign a contract for the construction of Kazakhstan-China gas pipeline. The pipeline is expected to have an appetite of 10 billion cubic meters (of gas) per year in 2009 and 30 billion cubic meters per year in 2012.
External Links:
RBC News
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Egyptian General Petroleum announces plans of $9 bln oil refinery
DS Ranking: # 18
Company: Egyptian General Petroleum Corporation
Country: Egypt
Industry: Oil & Gas – Integrated
Egyptian General Petroleum Corporation (EGPC) along with some additional investors plans to construct an oil & petrochemical plant worth $ 9 billion. The refinery is expected to have a capacity of 350,000 barrels per day and should be operative by 2010. The plant may be built in the city of Port Said or Gamasa town.
External Links:
Reuters
Daily Star Egypt
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Kuwait Petroleum Corporation's 1st Qtr profits tip $ 4 billion
DS Ranking: # 3
Company: Kuwait Petroleum Corporation
Country: Kuwait
Industry: Oil & Gas - Integrated
Kuwait Petroleum Corporation posted an impressive profit figure of 1.1 billion Kuwaiti Dinars in its 1st quarter. The current fiscal year, starting April, was lucrative for the oil giant with 1st quarter marking a profit hike of 74% from last year. Operational profits touched 871 million Kuwaiti Dinars, 79% of the net profit.
External Links:
Forbes
Emaar initiates set-up of financial firm in Saudi Arabia
DS Ranking: # 73
Company: Gudang Garam Tbk Pt
Country: Indonesia
Industry: Tobacco
Emaar Financial services recently announced intentions of expanding regionally by starting a financial unit in Saudi Arabia. Emaar Saudi Financial Services would initiate with a start-up capital of AED 100 million and would commence operations once the Saudi authorities give them the requisite approval.
External Links:
Gulf Daily News
Agility secures first ever CarbonZero Status in New Zealand
DS Ranking: # 62
Company: Agility
Country: Kuwait
Industry: General Freight Trucking
Agility was recently accorded CarboNZero certification in New Zealand, the first certification, ever to be given to an international freight provider. This certification is accorded to a company, committed to reduce carbon emissions, emanating from its production and business activities.
External Links:
Market Watch
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