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Investments in Saudi plastics sector hit $50bnThe investments in Saudi Arabia’s plastics sector has reached $50 billion, while its petrochemical industry is set to achieve a production capacity of over 100 million tonnes per annum by 2015, said a recent study. Saudi Plastics and Petrochem 2014, the 11th international p More… |
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Asry Bahrain overhaul plan approvedBahrain's Arab Shipbuilding and Repair Yard's (Asry) board under the chairmanship of Shaikh Daij bin Salman Al Khalifa has approved a package of initiatives to improve the company's position next year. These include the reorganisation of the company's corporate st More… |
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DHL Mena chief wins top honourDHL Express, a leading logistics company, said its Mena CEO Nour Suliman has been placed among the top 100 executive management heading global corporate powerhouses in the region. Under the theme ‘Global Meets Local,’ Suliman was awarded alongside peers at an event he More… |
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Dubai Investments unit wins $38m projectsGlass, a wholly-owned subsidiary of Dubai Investments, said its coating lines, comprising Emirates Glass and Saudi American Glass, have won Dh140 million ($38.1 million) projects over the last quarter. The announcement comes amid a sharp surge in construction and infrastructure p More… |
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Hino Motors opens parts depot at DWCHino Motors, a leading truck and bus manufacturer and a subsidiary of Toyota Motor Corporation, has opened a new parts facility at the Logistics District of Dubai World Central (DWC), the world’s first purpose-built aerotropolis. Spread over 5,400 sq m, Hino Motors Middle E More… |
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Shipments of M2M devices to grow at 22.5pcThe shipments of cellular M2M devices in industrial automation are expected to reach 2.1 million in 2018, marking a compound annual growth rate (CAGR) of 22.5 per cent, a report said. The shipments reached 760,000 worldwide in 2013, added the research report from the analyst firm More… |
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Abu Dhabi marks one year of Khalifa Port's successAbu Dhabi Ports Company (ADPC), the master developer of ports and industrial zones, is celebrating the one year anniversary of the inauguration of its state-of-the art Khalifa Port. It was exactly one year ago, on 12 December, at 12 pm, when Sheikh Khalifa Bin Zayed Al Nah More… |
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Drydocks World inks deal with Poland fundDubai's ship building unit Drydocks World and Maritime World, a renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, has signed a deal with Poland-based MARS Closed-End Investment Fund. MARS manages multiple companies engaged in ma More… |
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Dubai Investments sees exports up 129pcDubai Investments, a leading investment company listed on the Dubai Financial Market, has announced that the volume of exports from its various subsidiaries has grown substantially over the last five years, reflecting the potential of manufacturing exports from its companies across multiple sec More… |
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Yokogawa wins big order for Saudi desal plantYokogawa Middle East & Africa has received an order from top EPC firm Petroleum, Chemicals & Mining Company (PCMC) to supply the control system for a desalination plant being built in Jubail. The plant is being built by the Power & Water Utility Company for Jubail and More… |
