Monday 29 December 2014
 
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factories

Asian factories slow in September

Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year. The lacklustre perfor

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Asian factories slow in September

Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year. The lacklustre perfor

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KAEC opens new gate for factories

King Abdullah Economic City (KAEC) has opened a dedicated gateway to facilitate the movement of light and heavy vehicles in and out of the Industrial Valley.    The new

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6,364 factories in Saudi

There are a total number of 6,364 productive factories in Saudi Arabia, according to a Ministry of Commerce and Industry's recent statistical report. The total number of workers in the factories is 828,051, Saudi Press Agency

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Pfizer plans new factories in Saudi

Leading pharmaceutical firm Pfizer has plans to set up new factories in Saudi Arabia, according to a news report. The company also aims to diversify human resources by employing more women in line with the Saudi government policie

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Egypt approves $3.2bn stimulus plan

Egypt's cabinet approved on Wednesday an additional 22.3 billion Egyptian pounds ($3.19 billion) in investment projects to boost the economy over the coming 10 months, Deputy Prime Minister Ziad Bahaa el-Din said.  

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Some Egypt businesses thrive in economic downturn

Egypt's smaller companies have struggled since the uprising that pushed aside Hosni Mubarak in 2011. But in a few corners of the economy, businesses are doing just fine. Against a background of unrest, access to credit and for

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Europe's factories grow, China's stabilise

Europe's factories delivered more signs last month the region is gradually leaving recession behind, according to business surveys that also eased immediate fears over the health of China's economy.   Thu

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Egypt diverts gas from factories to power plants

Egypt's state gas company Egas will cut back on the amount of gas it supplies to factories to keep electricity plants running instead during the peak summer months, Al Borsa newspaper reported on Wednesday. The move signals th

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Causeway ordeal hits Bahrain factories

Bahrain's factories have reduced their production due to the chronic truck ordeal on the King Fahad Causeway, the Bahrain Chamber of Commerce and Industry said yesterday (June 22). Major firms are also reconsidering expansion

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