Thursday 5 May 2016
 
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US factory activity stable as export orders rise

US factory activity expanded at a more moderate pace in April due in part to a slowdown in new orders, but a rise in export orders to a near 1-1/2-year high and signs an inventory overhang drag was fading offered hope for the manufacturing secto

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JSIS inaugurates $1bn expansion project in Sohar

Jindal Shadeed Iron & Steel (JSIS), a part of the Indian steel conglomerate OP Jindal Group, today inaugurated its newly expanded, state-of-the-art integrated steel complex at the Sohar Industrial Port, Oman. The steel complex inclu

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JSIS inaugurates $1bn expansion project in Sohar

Jindal Shadeed Iron & Steel (JSIS), a part of the Indian steel conglomerate OP Jindal Group, today inaugurated its newly expanded, state-of-the-art integrated steel complex at the Sohar Industrial Port, Oman. The steel complex inclu

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Mefsco’s new factory to triple capacity

Saudi Arabia-based Middle East Food Solution Company (Mefsco) announced that its expansion project will start operations in the second half of 2016, tripling the factory’s capacity on completion. Mefsco, formerly known as Ar

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Ashok Leyland begins work on RAK expansion

Ashok Leyland, a leading bus manufacturer, has started work on the expansion of its manufacturing capacity at the company's facility in Ras Al Khaimah, UAE. HH Sheikh Saud Bin Saqr Al Qasimi, Supreme Council member and Ruler o

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Big Brands opens store in Dubai

Big Brands Factory Outlet, a store for luxury brands at factory prices, has opened its largest store in The Mall, Jumeirah in Dubai, UAE.   The 4,000-sq-ft store will offer additional range of luxury brands that

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Etisalat, Huawei to develop “Cloud Factory”

UAE’s Etisalat Group, a leading telecom operator in the Middle East, Asia and Africa, and global ICT solutions provider Huawei will be working on the first ever proof-of-concept and design for an all-inclusive network architecture for the

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China's 6.8pc Q4 growth weakest since 2009

China's economy grew 6.8 per cent in the fourth quarter from a year earlier, matching expectations and the slowest since the global financial crisis, putting pressure on Beijing to roll out more support measures as fears of a sharper slowdow

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China factories struggle as exports stay weak

China's factory activity shrank for a 10th straight month in December as surveys across Asia showed industry struggling with slack demand even as the policy cupboard is looking increasingly bare of fresh stimulus. Uncertainty

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China factories struggle as exports stay weak

China's factory activity shrank for a 10th straight month in December as surveys across Asia showed industry struggling with slack demand even as the policy cupboard is looking increasingly bare of fresh stimulus. Uncertainty

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