FULL OWNERSHIP OF BAHRAIN SITE
European dairy cooperative Arla Foods has reached an agreement with American multinational confectionery, food, and beverage company Mondeléz to acquire its processed cheese business in the Middle East region, which is currently licensed under the Kraft b

SNC Lavalin, a leading infrastructure and project management company, has appointed Sohail Samdani as the senior vice president and general manager for the company’s mining and metallurgy sector in the Middle East region.

KBR, a global provider of differentiated professional services, has announced that it has fully commissioned its first PurifierPlus ammonia process-based greenfield plant at PT Panca Amara Utama (PAU) in Sulawesi, Indonesia.

There has been a sharp rise in the number of GCC chemical industry patent applications over the last few years, which stands at 2,400. The number of chemical patents obtained in the region too grew by 6 per cent per annum, said a senior official.

The Equate Group, a global producer of petrochemicals, has announced the successful completion of an amendment and extension exercise on its $1.9 billion term loan and $1-billion revolving credit facility (RCF).

Nissan, a leading automotive manufacturer, has confirmed the production design of the Nissan GT-R50 by Italdesign, the ultimate expression of the GT-R, and has opened the official order books for the 50-vehicle limited run.

US-based A10 Networks, a provider of intelligent and automated cybersecurity solutions, has outlined its strategy, solutions, and roadmap to help mobile carriers future-proof their networks for the coming wave of 5G and demanding new applications.

Dulux paints, a leading global premium decorative paint brand of AkzoNobel, has appointed Ebrahim K Kanoo, a diversified business conglomerate in the region, as its new distributor for the Bahrain.

The first draft of the UAE’s new maritime law is expected to be ready in early 2019, and will then be passed to stakeholders for feedback, before being submitted to the federal government for approval.

Norway-based Yara Marine Technologies has officially opened its new office in Shanghai, China, in order to meet the increasing demand for its exhaust gas cleaning systems for new builds and retrofit projects.

Labour Fund Tamkeen has joined hands with Fives Group, a global industrial engineering group, and Bahrain Polytechnic to launch an ambitious educational initiative aimed at increasing the number of Bahraini workforce in the industrial sector.

High penetration of Industrial Internet of Things (IIoT) technology in critical infrastructure and the manufacturing sector has resulted in rising incidences of cyber-attacks, especially in the energy and utilities sectors, said an expert.