The UAE attracts huge foreign direct investments (FDIs) quite out of proportion to its size with its free trade zones being the main magnets of the inflow and the one at Ras Al Khaimah serving as a significant area of interest for investors from overseas. Last year FDIs surged 25 per cent to $13 billion compared with the previous year, thanks mainly to the...
Rakia in international spotlight
The RAK Investment Authority (Rakia) has helped achieve one of the most successful turnarounds in th ...
Ceramics firm reports better local sales
RAK Ceramics has reported continued solid performance in tiles and sanitaryware in the UAE market an ...
Bahrain-based erection firm Global Steel Contracting expects to see its involvement in projects doubling over 2014 on the back of strong Saudi demand for steel work including pre-engineered steel buildings (PEBs), an official says. “2015 has been good for us. We have already matched 2014 in terms of projects,” said Saravanan P, Global...
Digital the way to counter tough times
Digital technologies can help the steel industry optimise in the face of tough challenges it is faci ...
Vale Oman records highest output
Brazilian mining giant Vale has said it achieved record production of 2.419 million tonnes at its ir ...
Caterpillar Inc has announced it will begin independently designing and manufacturing its vocational truck product family at its plant in Victoria, Texas (US). The plant, which opened in 2012, currently produces hydraulic excavators. “The on-highway vocational truck product family is important to our product line; customers like our trucks and want...
Sweden-based Trelleborg Sealing Solutions has demonstrated its commitment to developing its global Liquid Silicone Rubber (LSR) injection moulding manufacturing footprint with a further investment in support of the technology at its LSR facility in Pernik, Bulgaria. Boasting compliance with ISO 22000 Food Safety Management System, in particular, the...
Hydraulic hose market $1bn strong by 2022
A new report published by Transparency Market Research shows that the market for hydraulic rubb ...
The Makkah Clock Tower is one of the numerous projects that Pan Gulf Industrial Systems (PGIS), a wholly-owned subsidiary of the well-diversified Pan Gulf Holdings group and newly formed Pan Gulf Industrial Investments Company (PGIIC), has carried out in Saudi Arabia. It is the high-end industrial projects that account for the bulk of this ISO...
Fire protection in the cold
Victaulic technology proved to be a dependable solution for fire protection at one of New Zealand&rs ...
BASF’s expanded polypropylene foam Neopolen P reFLAM, tested in an institution certified by th ...
Alba has achieved significant reductions in potline and power station emissions thanks to investments in pollution-reduction equip-ment, the company says. “We have managed to drop our fluoride emission at the potrooms by 24 per cent in 2013 compared to 2012; this level was sustained in 2014 and there is around 11 per cent decrease for 2015...
Oman STP project draws global bids
Oman’s proposed new sewage treatment plant (STP) project, estimated to cost about $100 million ...
New ANG system impresses
A commercial adsorbed natural gas (ANG) low pressure storage and delivery system, whose technol ...
AirCarbon, a PHA-based thermoplastic produced by Newlight Technologies and made from harnessing gree ...
Masa’s approach truly workable
Pollution prevention is what happens from an effort that reduces the amount of pollution generated b ...
Al Gurg Paints (AGP) is projecting stronger results post-2016 following somewhat sluggish growth in the general paint market in the region, particularly the UAE, says a senior official of the company. The Sharjah-based company expects to gain from new contracts, internal marketing developments, the export potential and mega projects likely to come online...
When it comes to automotive finishes, special effects can achieve subtle contrasts that lend colour ...
PPG figures in new launches
PPG Industries has launched new products for the automotives and building products sector and had it ...
An advanced product from Dow Coating Materials that helps reduce noise was one of the main attractio ...
A new container terminal that Dubai-based DP World is building at its Jebel Ali Port hub will significantly increase capacity there. The global shipping operator has started construction work on the first phase of the $1.6 billion Terminal 4 (T4) project that will de-liver new capacity of 3.1 million teu (twenty-foot equivalent unit) by 2018,...
Agility Q2 profit up 5 per cent
Agility registered a net profit of KD13.5 million ($45.12 million) in the second quarter of this yea ...
Emirates SkyCargo, the freight division of Emirates, is set to increase its cargo capacity to Iran, ...
The Abraaj Group, a leading investor operating in global growth markets, has acquired, through one o ...
Muscat port profit plunges PORT SERVICES Corporation (PSC), the joint stock company that operates a ...
The idea of a connected world helping users to make more informed decisions is gaining ground. A smarter world where systems with sensors and local processing are connected to share information is taking hold in every single industry. This is a mix of a num-ber of concepts, smart machines, machine to machine communications, big data. Many labels have been...
A market research report on the Industrial Internet of Things (IIoT) has forecast a compound an ...
Lenze executives Doug Burns and Daniel Repp will highlight, at a packaging show, new software developments that can dramatically reduce machine development time and simplify the programming of motion control and robotic systems. Their presentation at Pack Expo in Las Vegas on September 30 titled “Innovation for Easy Packaging Machine...
Home Delivery Service (HDS) has announced that Toyota Motor Engineering & Manufacturing North Am ...
Celtic Sea study gets robotic help
The UK’s National Oceanography Centre (NOC) launched late last month its robot technology to m ...
Dubai-headquartered Transguard Group in conjunction with US-based multinational company Sealed Air i ...
