News
Record IPO subscription to develop economic city
An overwhelming 10 million Saudis, approximately half the country’s national population, subscribed to the 10-day initial...
News
News
Statistics
Bahrain’s rating upgradedThe Bahrain Monetary Agency (BMA) has announced that international rating agency, FitchRatings, has upgraded Bahrain’s credit outlook to...
News
Corning ‘committed’ to region
Corning Cable Systems, part of Corning Incorporated’s telecommunications segment, has announced the opening of its new Middle East sales and marketing office at Dubai...
News
ZIIC reports big profit surge
Zamil Industrial Investment Company (ZIIC), the international manufacturing and fabrication group, announced a net profit after Zakat contributions of SR96.9 million ($25...
News
Tabreed Bahrain signs up with BFH
Bahrain District Cooling Company, also known as Tabreed Bahrain, has signed its largest-ever contract in the kingdom to provide cooling services to Bahrain Financial...
News
Conject opens Dubai office
Conject, a provider of modern, integrated infrastructure lifecycle management (ILM) solutions has introduced its Internet-capable Facility Management (FM) solution for...
News
J Ray wins Qatar, India contracts
J Ray McDermott Eastern Hemisphere Ltd, a subsidiary of J Ray McDermott SA, has been awarded an engineering, procurement, construction, and installation (EPCI) contract...
News
Can ends production begins
Crown Bevcan Europe and Middle East, an affiliate of Crown Holdings Inc, has begun the production of metal beverage can ends at its Dubai plant...
News
Project management’s role stressed
The role of project management in all industries across the Middle East and globally was stressed recently by a senior official...
News
Hygienic shower hoses launched
Hansgrohe, the world’s leading sanitary engineering and manufacturing company, has launched anti-bacterial shower hoses in the Middle East...
News
Precision appoints agent for Europe
UAE-based Precision Dies and Tools Manufacturing Company (PDTMC) and its subsidiary Precision Plastic Products (PPPC) have...
News
Carbonic product HACCP-compliant
Carbonic International has announced its trademarked Cold n Dry concept, which provides cost-effective, environment friendly cold chain solutions for the UAE market using...
News
RAK Zone to open office in Turkey
Ras Al Khaimah Free Trade Zone is extending its international marketing campaign to Turkey following a steady increase in investment in the free zone by Turkish...
News
Property firm launches interiors Unit
Union Properties (UP), the award-winning property developer, has launched The Fitout, a new company dedicated to the interior...
News
Rubber World plans expansion
Rubber World Industry, the sole manufacturer of rubber insulation products in the UAE, plans to expand its production facilities three-fold in five years to meet surging...
News
Firm fulfils most of glass order
Emirates Glass, a Dubai Investments subsidiary and leading supplier of premium architectural glass products, is well advanced with a landmark order to supply a total of...
News
Camel milk ice cream launched
Al Ain Dairy has launched its camel milk ice cream, the first of its kind in the UAE market...
News
Sabic Europe’s plant
Sabic has signed a contract with German contractor Uhde for the construction of a new bimodal HDPE (high density polyethylene) plant at its production site in...
News
German exporters see business slowing
German export growth will cool significantly next year, hampered by a slowdown in the global economy, a stronger euro and...
News
S Africa manufacturing output grows
South Africa’s manufacturing output quickened in June, suggesting rising interest rates would not dampen growth in the...
News
China to increase ethanol output
China last year produced about 920,000 tonnes of ethanol and it plans to boost the production to nearly 4 million tonnes by 2010, according to a US Agriculture Department...
News
Early start to plant
Japanese electronics maker Sharp Corp said it will start production at the world’s most advanced LCD panel factory two months ahead of schedule, and aims to offer flat...
News
Danfoss to acquire Scroll
Danfoss A/S has entered into an agreement to acquire Scroll Technologies, a US-based manufacturer of scroll compressors for HVACR applications. Scroll Technologies...
News
Matsushita to halve overseas factories
Japan’s Matsushita Electric Industrial Co plans to halve the number of its overseas production sites over the next five years...