Monday 26 January 2015
 
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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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Ducab breaks ground on new aluminium factory

Ducab Aluminium Company today (December 21) broke ground for its new aluminium rod and conductor facility at the Khalifa Industrial Zone Abu Dhabi (Kizad), Abu Dhabi Ports Company (ADPC) said. After signing a Musataha lease agreem

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Ducab breaks ground on new aluminium factory

Ducab Aluminium Company today (December 21) broke ground for its new aluminium rod and conductor facility at the Khalifa Industrial Zone Abu Dhabi (Kizad), Abu Dhabi Ports Company (ADPC) said. After signing a Musataha lease agreem

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Heinz opens infant cereal plant in China

H J Heinz Company has opened its largest infant cereal production factory in Foshan City, Guangdong Province, China. The opening of the 80,000-sq-m factory coincides with the 30th anniversary of Heinz’s presence in China, wh

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Heinz opens infant cereal plant in China

H J Heinz Company has opened its largest infant cereal production factory in Foshan City, Guangdong Province, China. The opening of the 80,000-sq-m factory coincides with the 30th anniversary of Heinz’s presence in China, wh

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BRF opens new food processing factory in Abu Dhabi

Leading food company BRF, which is responsible for the Sadia brand of frozen foods in the Middle East, opened a new Dh588-million ($160 million) factory at Kizad, Abu Dhabi, UAE, today (November 27). The 162,157-sq-m facility will

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Mustafa to open gypsum board facility in Sharjah

Mustafa Furnishing Industries, a leading manufacturer of carpet and wooden furniture, is set to open a gypsum board factory in the Sharjah Airport Free Zone (SAIF Zone). The company plans to set up a manufacturing unit for th

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Investcorp’s GLE acquires UK firm

Bahrain-based Investcorp, an alternative investment manager, has announced that GL Education Group (GLE), the UK's leading provider of formative assessments, has acquired The Test Factory. The Test Factory is an assessment tec

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