A slowdown in the oil sector led to Saudi economic growth easing to an annual 3.8 per cent in the second quarter, the lowest in a year, but business circles have not lost optimism with the economy generating its own momentum from investments in non-oil sectors. Sentiment is also not overly worried or surprised because oil prices were expected to be...
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Asry’s Saudi sales show big rise
Saudi Arabia’s share in total sales revenues of Bahrain’s Asry climbed significantly thi ...
Zamil Industrial bags new deals
Zamil Industrial Investment Company (Zamil Industrial) announced contract wins in recent weeks by th ...
FORTY per cent of all Saudi Aramco rigs are using Flotek Industries Inc’s Teledrift measuremen ...
Al Andalus a reputed supplier
Several decades of involvement in Saudi Arabia’s aluminium and glass sectors have placed Al An ...
Aluminium Bahrain (Alba) may look into an additional listing of its shares in Saudi Arabia, in what would be the latest blow to Bahrain’s stock market which has suffered from low trading volumes since the financial crisis, reports Reuters. Such a move would also emphasise the draw of Saudi Arabia’s bourse, which is by far the largest in the...
EGA drives Gulf’s aluminium growth
One of the success stories in the Middle East’s efforts to diversify its economy beyond oil an ...
Manufacturing along with property and finance have become the biggest drivers of Abu Dhabi’s economic growth. According to Statistics Centre Abu Dhabi (Scad) figures, the emirate’s non-oil exports rose 11.5 per cent in the second quarter this year. At Dh27.6 billion ($7.51 billion), the quarter’s non-oil imports were up 7.5 per cent from a...
AspenTech’s software Aspen DMC3 marks a new era in advanced process control (APC), responding to the needs of plants such as refineries and chemical companies that are under constant pressure to improve throughput, save energy, meet operational constraints and improve time management, says AspenTech. “Aspen DMC3 software combines industry...
Upgraded Simatic PCS 7 more efficient
In its upgrade to Version 8.1, the Siemens Industry Automation Division has equipped its Simatic PCS ...
Seaways are the major arteries of international trade. Thousands of cargo vessels cruise across the seven seas and are responsible for around 90 per cent of global commodity exchange. With such an immense volume of traffic, the potential for a reduction in worldwide fuel consumption and thus emissions of greenhouse gases is correspondingly...
ABB Robotics has introduced the IRB 1200, an entirely new family of small robots that features a compact footprint and a large work envelope, providing flexibility, ease of use and short cycle times to a wide range of material handling, machine tending and small parts assembly applications. The IRB 1200 is innovatively designed with no offset in axis...
The Netherlands-based Vanderlande Industries, a leader in automated materials handling solutions, ha ...
Gehl expands its R Series skid loaders
Gehl has announced the all-new mid-frame R Series radial-lift skid loaders. These include three new ...
Among new valves launched in the industrial market are offerings from Switzerland-headquartered Pentair and Australia-basedProcess Systems. Pentair Valves & Controls has supplied its largest ever bolted bonnet flanged wedge gate valves for an integrated petrochemical plant located in the Middle East. Engineered and manufactured under the Fasani brand,...
New actuator for use with Fisher valves
EMERSON Process Management has released the Fisher P700 rotary style actuator for use with Fisher C ...
Tier 4 edge for Xylem Godwin pumps
Xylem, a global water technology company, has announced that its Godwin range of powerful diesel pum ...
Atlas Copco shows solutions at Weftec
Atlas Copco Compressors showcased its range of low pressure blowers for the wastewater industry at t ...
NASA has completed a complex series of tests on one of the largest composite cryogenic fuel tanks ever manufactured, bringing the aerospace industry much closer to designing, building, and flying lightweight, composite tanks on rockets. “This is one of Nasa’s major technology accomplishments for 2014,” said Michael Gazarik, its associate...
Alfa Laval Group – a world leader in heat transfer, centrifugal separation and fluid handling ...
New HGG ProShell software from HGG Profiling Equipment, Charleston, SC, US, complements HGG pressure ...
The recent announcement of King Hamad Causeway, the second terrestrial link between Saudi Arabia and Bahrain, is expected to deliver a significant economic boost to Bahrain’s residential, industrial and retail markets, according to global real estate consultancy Cluttons. The existing 25 km King Fahd Causeway averages daily volumes of 50,000...
THE Bahrain Logistics Zone (BLZ), part of the kingdom’s Transportation Ministry, has signed a ...
The Dh120 billion ($32 billion) expansion of Al Maktoum International at Dubai World Central (DWC) i ...
A DELEGATION from Dubai World Central (DWC), the world’s first purpose-built aerotropolis, hel ...
9.4pc growth in Mideast airfreight
The Middle East airfreight market has become vibrant with strong growth recorded in July and regiona ...
