Sunday 7 February 2016
 
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Industries Qatar product price drop hits earnings

Petrochemicals, metals and fertiliser producer Industries Qatar (IQ) blamed lower product prices for an extended earnings slump on Thursday.   Although IQ's sales volumes hit an all-time high, the state-run f

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Saudi Arabia to move beyond oil; plan to jump-start industries

Saudi Arabia has outlined ambitious plans to move into industries ranging from information technology to health care and tourism, as it sought to convince international investors it can cope with an era of cheap oil. A meeting and

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Motorcity receives Hyundai Heavy Industries team

Motorcity's parts department received a delegation from Hyundai Heavy Industries together from Hyundai Heavy Industries together with their GCC regional distributors at the recently opened central parts distribution centre in Ma'ameer,

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Nod for new office to boost ties with Indian industries

A new office to promote Indian industry in Bahrain has been given the go-ahead by the Cabinet. The regional office is aimed at strengthening ‘commercial, industrial and financial ties’ with India, Information, Parliament and Shura

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Downstream units 'crucial for aluminium sector'

Development of the downstream aluminium industries in the region will have positive implications for the aluminium sector as a whole, said a senior Emirates Global Aluminium (EGA) official. Abdulla Jassem bin Kalban, managing dire

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MHI-MME receives order for waste heat recovery systems

Mitsubishi Heavy Industries Marine Machinery & Engine Co (MHI-MME) has received an order from Daewoo Shipbuilding & Marine Engineering Co (DSME) of Korea, for waste heat recovery systems (WHRS) for mega container carriers (MCC).

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GE unveils customised cloud service for industries

General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the latest step in the US conglomerate's effort to gain business from data generated by machines. GE chief executi

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GE unveils customised cloud service for industries

General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the latest step in the US conglomerate's effort to gain business from data generated by machines. GE chief executi

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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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