Regional News
November 2020

There is the potential for an $18 trillion (AED66 trillion) boost to global trade according to DMCC’s latest Future of Trade 2020 report released, last month, in Dubai, UAE.






November 2020

The General Administration of Customs in Abu Dhabi has introduced a new package of incentives and facilities to support importers and partners, said a media report.






November 2020

Despite a global demand shock, the Mena (Middle East and North Africa) region’s committed gas investments held steady compared to last year with planned investments increasing by 29 per cent to reach $126 billion.






November 2020

Sabic has reported a revenue of SR29.30 billion ($7.81 billion) for the third quarter of this year, an increase of 19 per cent compared to the previous quarter and an 11 per cent decrease year-on-year.  It reported a net profit of SR1.09 billion ($0.29 billion) for the period, which is higher than the net loss of SR2.22 billion ($0.






November 2020

Saudi Aramco and Saudi Basic Industries (Sabic) have decided to re-evaluate their $20 billion crude-oil-to-chemicals (COTC) project and are now looking at integrating existing facilities instead, a Reuters report said.






November 2020

The Industrial Development Bureau (IDB) of the Abu Dhabi Department of Economic Development (ADDED) said that the number of industrial licences with a converted status to ‘Production’ reached 29 with an investment value of AED2.6 billion ($708 million) in the first half (H1) of 2020.






November 2020

The Abu Dhabi Department of Economic Development (ADDED) has issued a circular banning building materials outlets in the emirate from selling bagged cement without federal or local quality certifications issued by the Emirates Authority for Standardisation and Metrology (Esma) and Abu Dhabi Quality and Conformity Council (QCC).






November 2020

The value of Bahrain’s exports of national origin products increased by 15 per cent to BD669 million ($1.76 billion) during the third quarter 2020, compared to BD584 million for the same quarter of the previous year, a report said.






November 2020

Bahrain Duty Free has joined hands with Thinksmart for a unique project aimed at building the future IT leaders of wBahrain.






November 2020

Bahrain's National Health Regulatory Authority (NHRA) has licensed the first factory to produce medical face masks in Bahrain, as part of the kingdom’s efforts to enhance medical investments, especially those aimed at supporting its efforts to combat the novel coronavirus (Covid-19).






November 2020

The Khalifa Industrial Zone Abu Dhabi (Kizad), the largest integrated trade, logistics, and industrial hub in the region, has won three fDi Global Free Zones of the Year 2020 awards. It was also named winner of fDi Magazine’s Middle East – Large Tenants category.






November 2020

The GCC agri-nutrients industry supports the food supply of 5 per cent of the world’s population, or 350 million people across the globe, according to a new report published by the Gulf Petrochemicals and Chemicals Association (GPCA).






November 2020

Officials from Aluminium Bahrain (Alba); Supreme Council for Environment (SCE); and the Ministry of Industry, Commerce, and Tourism (MOICT) paid an inspection visit to the construction site of Alba’s Spent Pot Lining (SPL) Treatment Plant, the first of its kind in the GCC and Middle East.






November 2020

At a time when demand for FMCG products has been impacted since the outbreak of Covid-19 in March, personal and healthcare brands producer Dabur International, a wholly owned subsidiary of Dabur India, has been seeing major gains in the sales of its health and hygiene products in the GCC market.






November 2020

Aramex appoints new chief operating officer Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced the appointment of Thomas Kipp as the company’s new Chief Operating Officer (COO).






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