News – Regional
October 2020

DP World, a leading global provider of smart end-to-end logistics solutions, and Dubai Customs will explore opportunities to develop trade links between Israel and the UAE, following the signing of a series of memorandums of understanding (MoUs).






October 2020

Abu Dhabi-based Group 42 (G42), a leading artificial intelligence and cloud computing company, has announced that it is establishing a wholly-owned subsidiary in Israel.






October 2020

The new grade of polypropylene (PP) is produced at the Borouge petrochemical complex in Ruwais and is then supplied to customers in the UAE to produce the fabric used for face masks and other PPE items Borouge, a leading petrochemicals company that provides, value creating plastics solutions, produced a quantity of HH450FB, a special grade of its






October 2020

Liwa Plastics Industrial Complex (LPIC), Oman’s biggest petrochemicals investment to date, is on track to commence commercial production later this year, a report said.






October 2020

Export Bahrain, a key initiative of the national SME Development Board, has launched a first of its kind national e-commerce initiative designed to support Bahrain based businesses access and list their products and services on  local, regional and international e-commerce platforms.






October 2020

The value of Bahrain’s exports of national origin increased by 2 per cent to BD190 million ($501.1 million) during August, compared to BD187 million for the same month of the previous year, said the Information &eGovernment Authority (iGA) in a new report.






October 2020

Saudi Arabia dry logistics and warehousing market has shown a volatile growth trajectory during 2015 to 2019, according to a new report released by Ken Research.






October 2020

Abu Dhabi Ports has announced that the expansion work on its Khalifa Port project was moving at a steady pace with 80 per cent of construction already completed within Phase One of its South Quay development which is on track for completion by year-end.






October 2020

Al-Bahar, the authorised dealer of Cat products in the UAE, Kuwait, Bahrain, and Oman announced an exclusive campaign for building construction machines including skid steer loaders, backhoe loaders, mini excavators and compact track Loaders.






October 2020

Bahrain Aluminium Extrusion Company (Balexco) has announced that there are still some aluminium outlets in the Bahraini market that import counterfeit profiles for Balexco systems and sell them as Balexco systems in the name of an extrusion company from outside Bahrain.






October 2020

The reactor of Unit 1 of the Barakah Nuclear Energy Plant in the UAE has achieved 50 per cent of its electricity production capacity, said Nawah Energy Company, the joint venture nuclear operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (Kepco).






October 2020

The UAE Ministry of Industry and Advanced Technology, held a virtual meeting of the Industrial Coordination Council on how to empower the industrial sector and strengthen the UAE’s competitive position globally. The meeting was chaired by Dr.






October 2020

Royal Philips appoints new CEO for Mideast, Turkey operations Royal Philips, a global leader in health technology, announced the appointment of Vincenzo Ventricelli as Chief Executive Officer for the company’s operations in the Middle East and Turkey, based in Dubai.






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