Regional News
May 2021

Bahrain’s Labour Fund Tamkeen relaunched its Business Development Programme in February 2021, with major updates that are in line with its newly announced strategy and the current market needs, focusing on growth and sustainability of the enterpises.






May 2021

The Gulf Petrochemicals and Chemicals Association (GPCA) has issued a list of recommendations for the modernisation of the World Trade Organization (WTO) in line with supporting free and fair trade and enabling the regional chemical industry’s growth.






May 2021

Strata Manufacturing (Strata), the advanced manufacturing company wholly-owned by Mubadala Investment Company has agreed to supply essential personal protective equipment (PPE) to Japanese administrative jurisdiction of Tokushima Prefecture after signing a landmark MoU.






May 2021

Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, announced that it will be partnering with Precast FZCO, a leading provider of industrial automation solutions in the Middle East.






May 2021

Having already secured tenants for a sizable part of Phase 1 of its sprawling development, Sohar Freezone has opened up a new phase for investment, this time with an eye on businesses that will capitalise on an array of mega projects operating at the adjoining industrial port, according to a report by Oman Observer.






May 2021

The value of Bahrain’s exports of national origin increased by 18 per cent to BD684 million ($1.8 billion) during the first quarter (Q1) 2021, compared to BD580 million for Q1 of the previous year, marking a 17.9 per cent increase, a report said.






May 2021

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, announced the start-up of the first section of an expansion to the company’s Al Taweelah smelter. The 26 new reduction cells at potline 1 at Al Taweelah will now ramp-up to produce some 30,000 tonnes of aluminium per year.






May 2021

Dubai’s non-oil foreign trade strongly rebounded from the challenges posed by the global economic repercussions of Covid-19 and the suspension of business activity by countries across the world in the first half of last year to record high growth in 2020.






May 2021

The UAE is headed towards an exciting new phase of sustainable economic growth – one that is driven by an enhanced, technologically advanced and resilient industrial base.






May 2021

Global trade enabler DP World handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021, with gross container volumes increasing by 10.2 per cent year-on-year on a reported basis and up 9.6 per cent on a like-for-like basis.






May 2021

DP World, UAE Region, has taken a step forward to explore the power of Quantum Computing in the logistics and trade industry through collaboration and exploration with D-Wave and other global leaders in the quantum computing sphere.






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