Saturday 1 August 2015
 
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New UAE fuel price policy to benefit industries

The UAE's vital sectors like industry, shipping and cargo are likely to benefit from the deregulation of fuel prices announced by the government. Effective from August 1 the country will adopt a new pricing policy linked to global p

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Bahrain industries face big municipal fee hike

A significant raise in municipal fees could be imposed on major factories and other large industrial facilities in Bahrain, rising by as much as 2,400 per cent in some cases, a report said. The Muharraq Municipal Council is behind

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New push to develop Bahrain’s knowledge-based industries

A specialised study to develop Bahrain’s knowledge-based industries and identify investment opportunities in the sector is being carried out by the Gulf Organisation for Industrial Consulting (GOIC) in partnership with the Industry and Com

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Abu Dhabi manufacturing industries price index down 8.6pc

Abu Dhabi’s manufacturing industries producer price index (PPI) declined 8.6 per cent in the fourth quarter of last year, as compared to the same period the previous year, according to a report. The latest report on the Prod

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Saudi Arabia invests over $533bn in industries

Saudi Arabia’s industrial exports is set to grow by two to six per cent during the next five years, with over SR2 trillion ($533 billion) having been invested in industries across the kingdom, according to a report. Speaking

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Industries Qatar Q4 net profit slips 4.2pc

Petrochemicals and metals company Industries Qatar (IQ) has posted a 4.2 per cent decline in fourth-quarter net profit, just below analysts' forecasts. The Middle East's second-biggest petrochemicals company by market valu

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Industries Qatar mulls feedstock options after Shell move

Industries Qatar, the Gulf's second-largest petrochemicals firm, is considering expanding production to take advantage of excess feedstock left by a project's cancellation, the company said. On Wednesday, state firm Qatar

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Industries Qatar mulls feedstock options after Shell move

Industries Qatar, the Gulf's second-largest petrochemicals firm, is considering expanding production to take advantage of excess feedstock left by a project's cancellation, the company said. On Wednesday, state firm Qatar

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Velcro appoints new president, CEO

Velcro Industries, a manufacturer and innovator of hook and loop fasteners, has appointed Fraser Cameron as its president and chief executive officer. Cameron, who was formerly its chief financial officer, succeeds Scott Filion, p

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Mitsubishi unit licenses propeller production to Chinese firm

Mitsubishi Heavy Industries Marine Machinery & Engine Co (MHI-MME), a group company of Mitsubishi Heavy Industries, has signed a licensing agreement with Changzhou Zhonghai Marine Propeller Co. Under the deal, MHI-MME will pro

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