Thursday 2 April 2015
 
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Ford to triple exports from India with $1bn plant

Ford Motor Company plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad. The

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Chinese factory activity hits 11-month low

Activity in China's factory sector dipped to a 11-month low in March as new orders shrank, a private survey showed, signalling persistent weakness in the world's second-largest economy that will likely fuel calls for more policy easing t

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Bahrain Flour Mills plans to set up new factory

Bahrain Flour Mills Company has unveiled plans to set up a new factory with a high production capacity at Hidd Industrial Area. Work on the BD20 million ($52.6 million)  project is expected to be completed in three years, sai

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OFP, Sharakah to set up Nizwa factory

Oman’s OFP has signed an agreement with Sharakah, an investor that supports the development of entrepreneurs and SMEs in the sultanate, to receive financial support to set up a manufacturing unit, a report said. Sharakah and

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Bahraini student designs eco-friendly car factory

Bahrain University College of Engineering student, Mariam Ali Mohammed, has designed an environment-friendly car manufacturing factory. The project, part of graduation requirements, aims to encourage investment in alternative ener

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Egypt cheese firm to set up two factories

Egypt-based Obourland Cheese Company plans to set up two new manufacturing units – a cheese factory and a new factory for juice and milk production – at a cost of E£100 million ($13.4 million), a report said. The

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Egypt cheese firm to set up two factories

Egypt-based Obourland Cheese Company plans to set up two new manufacturing units – a cheese factory and a new factory for juice and milk production – at a cost of E£100 million ($13.4 million), a report said. The

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Lease deal signed for new $90m biscuit factory in Bahrain

A deal to set up a new biscuit factory with an initial investment of $90 million in Bahrain was signed yesterday (January 13). The lease agreement, which was signed by Industry and Commerce Minister Zayed Al Zayani and Mondelez Internat

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Hyundai-Kia sees slowest growth in 12 years

Hyundai Motor and affiliate Kia Motors Corp aim to lift global vehicle sales by 2.5 per cent in 2015, as capacity constraints and a weak market recovery set up the South Korean pair for their slowest expansion in 12 years. Hyundai

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Global factory growth ends 2014 on low note

Global manufacturing activity expanded at its weakest pace in more than a year at the end of 2014, even though factories cut their prices at the steepest rate for nine months, a business survey showed on Friday. JPMorgan's Glo

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