Regional News
November 2021

The Abu Dhabi Department of Economic Development (ADDED), represented in the Industrial Development Bureau (IDB), announced the launch of the Smart Manufacturing Project, which supports the adoption of new manufacturing technologies by the manufacturing facilities.






November 2021

AD Ports Group, a leading global driver of trade and logistics in the UAE, has recorded a revenue of AED1.83 billion ($499 million) for the first half of the year,  up 21 per cent compared to AED1.52 billion ($413 million) last year, mainly driven by organic growth, diversification into new businesses, new leases and partnerships.






November 2021

Industrial sector investments in Saudi Arabia jumped 281 per cent in the last 12 months and delivered a staggering 30,000 new jobs despite the headwinds to economic growth as a result of the pandemic, according to Knight Frank. The fast-paced growth in Saudi Arabia’s industrial sector has also been supported by initiatives led by Modon.






November 2021

The National Agricultural Development Company (Nadec), a leading Saudi agricultural and food-processing company, has announced solid Q3 results for the third quarter mainly driven by the regional sales, which grew 1.7 per cent.






November 2021

Bahrain Airport Company (BAC) and FedEx Express have signed a 10-year contract for the operation of a 9,000 sq m facility at Bahrain International Airport’s (BIA) new cargo area.






November 2021

Bahrain is set for a manufacturing triple treat with news that additional local factories producing sanitisers, face masks, Covid-19 rapid test kits and other essential medical equipment are set to open with more in the pipeline, reports our sister publication Gulf Daily News (GDN).






November 2021

DP World handled 19.8 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the third quarter of 2021, with gross container volumes increasing 8.1 per cent year-on-year and up 7.9 per cent on a like-for-like basis. At a consolidated level, its terminals handled 11.






November 2021

The Special Economic Zone at Duqm (Sezad) has announced a significant milestone by celebrating the opening of Duqm Hongtong Piping Factory, the first factory in the Sino-Omani Industrial City in Duqm.






November 2021

Fine Hygienic Holding (FHH) has upgraded its paper product capabilities by investing $8.2 million in a new line taking its total investment in the UAE to over $136 million.






November 2021

Siddharth Grease and Lubes Pvt Ltd (SGL), the leading Indian manufacturer and supplier of lubricants, has opened a latest lubricant and grease plant investing AED50 million ($13.61 million) in Sharjah’s Hamriyah Free Zone Authority (HFZA).






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