• ZonesCorp completes key phase of Rahayel Automotive City


    ZonesCorp, an Abu Dhabi Ports company, said work has been completed on 1.38 million sq m of commercial and retail areas at Rahayel Automotive City, the region's first integrated hub for the sector featuring showrooms, workshops and auction houses.

  • Global economy to grow at 6% this year: IMF

    DEVELOPING STATES STRUGGLE
    The International Monetary Fund (IMF) has sharply upgraded its economic outlook this year for the world’s wealthy countries, especially the US, as Covid-19 vaccinations help sustain solid rebounds from the pandemic recession.

  • Prysmian to build 3 German power transmission cable projects


    Prysmian Group, worldwide leader in the energy and telecom cable systems industry, has fully set up its organisation for the development of the three strategic German power transmission HVDC (High Voltage Direct Current) cable projects.

  • King Abdullah Port ranked ‘region's fastest-growing’


    King Abdullah Port has been ranked the Middle East's fastest-growing port during the first quarter of this year, according to Alphaliner, the global maritime data originator.

  • Saudi sweets, chocolate investment at $9.3 billion


    The investment in the sweets and chocolate industry in Saudi Arabia has reached SR35 billion ($9.3 billion) through 1,066 factories as of mid-July, the Ministry of Industry and Mineral Resources has revealed.

  • Sabic, ExxonMobil announce major milestone for JV


    ExxonMobil and Sabic said that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi in the US state of Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units.

  • Dnata appoints global head of airport operations


    Dubai-based dnata, a leading global air and travel services provider, has announced the promotion of David Barker to Divisional Senior Vice President (DSVP) for Airport Operations.

  • Bobcat remote control, a new way of working


    Vitrac is now the first company not only in the Balearics, but also in Spain as a whole, to use the new Bobcat remote control system for compact loaders.

  • Trina solar sets new world record


    Trina Solar's proprietary Vertex high-efficiency p-type monocrystalline silicon module has achieved a record aperture module efficiency of 23.03% for larger-area industrial silicon p-type modules.

  • Saudi Arabia dairy market to grow at 5.66% CAGR


    The Saudi dairy market valued at $5.72 billion in 2020, is estimated to reach $7.94 billion by the end of 2026, growing with a CAGR of 5.66%, according to TechSci Research report.

  • Boeing targets jets flying on 100% green fuel by 2030


    US aircraft manufacturer Boeing said it is committing to deliver commercial airplanes capable of flying on 100% sustainable fuels by 2030 in its first Sustainability Report.

  • Standard Carpets expands in Dubai Industrial City


    Standard Carpets, the region’s largest producer and exporter of broadloom carpets, carpet tiles and artificial grass, has broken ground on a new manufacturing plant in Dubai Industrial City.

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Industry News

ZonesCorp completes key phase of Rahayel Automotive City

ZonesCorp, an Abu Dhabi Ports company, said work has been completed on 1.38 million sq m of commercial and retail areas at Rahayel Automotive City, the region's first integrated hub for the sector featuring showrooms, workshops and auction houses....


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News & Features - July 2021

The gross domestic product (GDP) of the GCC will grow by 2.1 per cent this year, after the 5 per cent contraction seen in 2020, a report said, noting as business...


As the UAE gets set to ramp up its industry’s global competitiveness with its newly launched...


In their spring outlook, the IMF economists expect to see a multi-speed recovery of the global economy in 2021, albeit an incomplete one. Nothing really...




Many countries, including the UAE, have taken a proactive, leading role in leveraging technology...


The pipeline industry is facing mounting and constant pressure from governments, regulatory bodies,...


Revenue in the aviation maintenance, repair, and overhaul sector (MRO) declined almost 40 per cent...




The Automated Guided Vehicle (AGV) OL1200S from Grenzebach allows easier, quicker, and safer...


Wilo, one of the world’s leading manufacturers of pumps and systems and a world-leading...


The global nanotechnology market was valued at $1409.3 million in 2020 and expected to reach...






Events
Experts call for bold leadership at GPCA forum

Securing a bright future for the GCC’s chemical industry will require bold leadership that adapts to the new...


Statistics
Statistics

UAE’s re-export trade tops $127 billion in 2020 The UAE’s entrepot trade amounted to AED467.5 billion ($127.2 billion) in 2020 despite...











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