FEED AND SALES GAS TRAIN
Siemens said it has won a major contract from top North American group Encana to provide one feed and sales gas train and a refrigeration compression train for its pipestone processing facility in Alberta, Canada.

Arabian Gulf’s leading maritime repair and fabrication facility Asry has appointed Sahar Ataei as the new chief financial officer of the shipyard. In her new role, she will oversee the human resources, financial and IT divisions.

Direct investments attracted by the Bahrain Economic Development Board (EDB) has reached a new high of approximately $830 million in 2018, an increase of 13.2 per cent on 2017’s record-breaking achievements.

Saudi Arabia’s maritime and logistics sector is set to provide a host of fresh investment opportunities that will enable the kingdom’s integration into the regional and global economies at the 2nd Saudi Maritime Congress, in March, in Riyadh.

Agility, a leading global logistics provider, has signed a memorandum of understanding (MoU) to manage logistics at Carbon Holdings’ industrial facilities in Egypt, including construction of the new Tahrir Petrochemicals Complex (TPC).

The Saudi defence sector is expected to contribute SR231.27 billion ($61.6 billion) to the kingdom’s gross domestic product (GDP) by 2020, revealed a new report by the US-Saudi Arabian Business Council.

ROADBOT OUTPUT BEGINS IN 2020
Senior industry figures from China and the UAE celebrated the groundbreaking of the Roadbot Tire Project Kizad (Roadbot) today, marking the development of the first tyre manufacturing plant in the UAE.

Netherlands-based Mammoet, a global service provider specialising in engineered heavy lifting and transport, has formed a strategic partnership with marine equipment owner Astro Offshore to work on projects in the Middle East.

Aluminium Bahrain (Alba) said it has closed the final instalment of the second tranche with respect to the financing of Line 6 Expansion Project, comprising $136 million and €90 million ($102.2 million) from Export Credit Agency-supported facilities.

Tenmou, Bahrain’s first Business Angels company, recently announced its partial exit from the mobile application “Eat”, earning a 20 X return on its initial investment following the application’s successful launch.

Otokar, a leading supplier of the Turkish military and security forces for tactical vehicles, is showcasing its latest technologies at Shield Africa, International Security & Defence exhibition, being held in Abidjan, Côte d'Ivoire.

The growth of Industrial Internet of Things (IIoT) and cloud have given a huge boost to the adoption of radio frequency identification (RFID) technology in Manufacturing 4.0, according to a recent report from Frost & Sullivan.