Diyar Al-Muharraq briefs EDB on key project

The visiting delegation consisted of officials from the Economic Development Board and international investors.
Updated 17 May 2018
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Diyar Al-Muharraq briefs EDB on key project

Bahrain-based urban developer Diyar Al-Muharraq conducted a site visit for a delegation from the Economic Development Board (EDB) on May 8.

The visit was held in conjunction with Diyar Al-Muharraq’s participation in the Gateway Gulf Investor Forum Bahrain 2018, which took place from May 8 to 10 at the Four Seasons Hotel under the patronage of Bahrain’s Crown Prince Salman bin Hamad Al-Khalifa, who is also the chairman of the EDB.

The visiting delegation consisting of officials from the EDB and international investors who attended the forum, were received by officials from Diyar Al-Muharraq.

At the Diyar sales office, they were briefed on the significance of each prominent project and the different ways in which they contribute to both the economy and the culture of Bahrain.

They were then taken to the Marassi Al-Bahrain sales office, where they were introduced to the project by the Marassi sales team. The delegation toured the most noteworthy projects within Diyar Al-Muharraq, including Marassi Al-Bahrain and Dragon City, and was given the latest updates of each.

Diyar Al-Muharraq will participate in the Gateway Gulf Investor Forum Bahrain 2018, where Maher Al-Shaer, the company’s chief executive officer, will be a keynote speaker.

Elaborating on the visit, Al-Shaer said: “It brings me immense pleasure to be welcoming such a high-level delegation to Diyar Al-Muharraq as it is in keeping with both the transparency of our architectural aspirations and operations and is in tandem with the illustrious nature of our visionary development.

“We take pride in being a vital point of investment and bringing financial infrastructural progress to Bahrain. Therefore, we look forward to hosting the eminent investors who are part of the delegation and to elaborating on the vitality of our master-planned development, on a long-term basis, to both the Kingdom and the regional real-estate and property-development industry.”

Decoder

Bahrain Economic Development Board

The Bahrain Economic Development Board is a dynamic public agency with the overall responsibility for attracting investment into Bahrain.


5G improves production of jet engine components

Updated 23 May 2018
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5G improves production of jet engine components

Ericsson and the Fraunhofer Institute for Production Technology have teamed up to explore the industrial applications of 5G. The first use case for production of jet engine components for MTU Aero Engines is being presented this week at the Hanover Fair in Germany.
The components concerned, so-called blade integrated disks (blisk), are high-tech components where the disk and blades are produced as a single piece and serve the purpose of compressing the air inside jet engines.
Thomas Dautl, director of manufacturing technology, MTU Aero Engines, said: “A blade-integrated disk is a high-value component. The milling process takes 15-20 hours and the total lead time is around 3-4 months, including coating processes and quality checks. The new 5G-based production technology will help make our operations more efficient.”