Qatar Marine Sports Federation (QMSF) has inked an agreement to build "the ultimate turbine-powered racing boat" for the 2013 racing season.

Sheikh Hassan bin Jabor Al-Thani announced the deal with Mystic Powerboats and Whispering Turbines at the Miami International Boat Show.

The new 'Spirit of Qatar' boat will be entered in the 2013 Extreme/Turbine - Unlimited class in the US competition, a statement said.

Sheikh Hassan said he has been in lengthy discussions with partners for some time.

"Our idea is to expand the racing map that we participate in, as well as expanding...

In five short years since introduction, Fusion sales steadily grew and in 2011 alone, 248,067 units were sold in North America, making it the best-selling year ever for the nameplate. Here in the GCC, Ford Fusion has drawn the attention of Ford customers including first-time Ford buyers. Total sales for the mid-size sedan in 2011 more than doubled with a growth of 134 per cent compared to 2010. And the trend promises to continue as Ford’s mid-size nameplate continues to receive significant recognitions from industry experts and consumers alike.

Just recently the Fusion was named the...

SMILE FC System Corporation to accelerate deployment of fuel cells for next generation of eco cars

Intelligent Energy, the global clean power systems company, and the Suzuki Motor Corporation, have today announced the creation of a joint venture company called SMILE FC System Corporation, to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. The joint venture also includes a non-exclusive license agreement that gives Suzuki access to Intelligent Energy’s class-leading fuel cell technology for its next generation of environmentally friendly fuel cell vehicles.

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The Marussia F1 Team is partnering with Monster.com®, the worldwide leader in connecting people to job opportunities and the flagship brand of Monster Worldwide, Inc. (NYSE: MWW), to recruit for a variety of permanent roles that will influence the technical and commercial success of the team. Four of these"...

The Volvo Group is eyeing further growth in Saudi Arabia and Qatar as well as the UAE in 2012, a senior executive said, warning that the economic outlook for the year ahead was difficult to call.

Anders Osberg, chief financial officer of the Volvo Group — which manufacturers trucks and construction machinery parallel to Volvo Cars, the consumer cars division — was speaking in advance of Volvo's 2011 fourth quarter results due on Friday.

"It is an attractive place to be, we are looking at relationships with banks and so on to try and sell our products even further," Osberg...

The international transport and logistics company cargo-partner announces the opening of its Bahrain office. With this location the global logistics player strengthens its global position through offering its customers an extended network.

cargo-partner is one of the largest forwarding companies with private European ownership in this region. It runs a solid network of subsidiaries in Europe, USA, China, Hong Kong, Singapore, Thailand, South Korea, Sri Lanka, Malaysia and the Middle East.

Services offered by cargo-partner in Bahrain range from common transport business including air...

For the first time in its history, DP World’s Dubai Cruise Terminal has welcomed four mega cruise ships at the same time, underlining its ability to cater to the rapid growth of cruise tourism in the city.

The four vessels, which can carry more than 9,000 passengers, called at Port Rashid over a 24-hour period and were berthed simultaneously.

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