Regional News
June 2018

Aluminium Bahrain (Alba), one of the world’s leading aluminium smelters in the world, announced the major milestone of having completed the successful fabrication of 427 pot shells as part of the Line 6 expansion project.






June 2018

Italian water heater maker Ariston Thermo opened its first manufacturing plant in Bahrain, last month, marking its first industrial operation in the Middle East and North Africa (Mena) region.






June 2018

Bahrain government is hoping to increase the industrial sector’s contribution to the Kingdom’s gross domestic product (GDP) to 20 per cent from the current 16 per cent by 2020, the Industry, Commerce and Tourism Minister Zayed Al Zayani said. “The Industrial sector, today, is one of the fastest growing sector in our economy.






June 2018

Bahrain's value of imports increased by 34 per cent as it reached BD507 million ($1.34 billion) during April 2018, compared to BD377 million ($998.5 million) for the same month of the previous year, said a report.






June 2018

The Bahrain Development Bank (BDB) launched a $100 million Venture Capital Fund of Funds aimed at boosting the start-up ecosystem in Bahrain and the Middle East.






June 2018

Emirates Global Aluminium (EGA), a leading industrial company in the UAE outside of oil and gas, has surpassed the 30-million-tonne mark in cast metal production.






June 2018

Emirates Global Aluminium (EGA), a leading industrial company in the UAE outside of oil and gas, has won two gold awards at Ideas Arabia for innovative suggestions made by employees. EGA has operated an employee suggestion scheme since 1981. Last year, EGA staff submitted a record 34,419 ideas, generating Dh36 million ($9.






June 2018

UAE-based Ducab, a global leader in the manufacture of copper and aluminium wire and cable products, has broken ground on its new global headquarters building at Jebel Ali free zone in Dubai.






June 2018

Bahrain-based United Stainless Steel Company (USCO), a leading stainless steel mill, said that it is working closely with authorities to investigate a fire incident at its plant, managed by ChromiumSteel, and is taking all steps to resume operations quickly.






June 2018

UPS, a leading logistics player, opened its new $163-million 32,000-sq-m package sorting and delivery facility in the south east of England at the DP World London Gateway Logistics Park. UPS’s new facility in London The new London Hub is one of UPS’s largest single infrastructure investments outside the US.






June 2018

UAE-based Sleep Fine, a leading brand for luxury quality mattresses and foam products, has opened a new production facility in Sharjah of modern and classic sofas, including the popular Arabic majlis.






June 2018

GE Power, a division of GE, has marked the inauguration of its new Monitoring & Diagnostics Center (M&D Center) at the GE Kuwait Technology Center (KTC), a facility that provides advanced training, timely customer service and maintenance support.






June 2018

UK-based Element Materials Technology has opened a new laboratory in Duqm, Oman, to offer improved access to expert testing services for customers in the region.






June 2018

The UAE has adopted a world-class platform to drive investment in scientific research and development (R&D) in line with UAE Vision 2021 and Centennial 2071.






June 2018

The Abu Dhabi National Oil Company (Adnoc) said it has signed a Memorandum of Understanding (MoU) with Ravago Group (Ravago), a leading service solutions provider in the global polymers and chemicals market, to explore opportunities for cooperation at the Ruwais Industrial Complex in the UAE.






June 2018

LDC consortium to buy Doux FRANCE’S largest poultry processor LDC has joined hands with Saudi food group Al Munajem to take over production sites of ailing chicken processor Groupe Doux based in Brittany, France, said a report.






June 2018

Bahrain Aluminium Extrusion Company (Balexco) has appointed Robert Holtkamp as its new general manager. The appointment of Holtkamp is part of a major restructuring programme at Balexco, said a statement.






June 2018

Accenture, a leading global professional services company, has appointed Khaled Al Dhaher as its country managing director for Saudi Arabia. In his new role, Al Dhaher will be responsible for managing operations and driving Accenture’s digital consulting strategy in the kingdom, said a statement from the company.






June 2018

Pegasus Food Futures, one of the largest owners and operators of hydroponic farming facilities in the Mena region has appointed Stefanie Paterson as head of Human Resources, who will be based at the company’s headquarters in Abu Dhabi.






June 2018

UPS, a global logistics solutions provider, has appointed Jean-Francois Condamine as the president of Growth and Emerging Markets and Rami Suleiman as president of India, Southeast Asia, Middle East and Africa (ISMEA).






Tags