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Saudi may extend non-oil stimulus

Saudi Arabia’s SR 200 billion ($53 billion) lifeline to its non-oil economy may be in place for longer than planned as the kingdom supports industries struggling to cope with reforms that pushed up costs and dampened demand, a top Saudi official told Bloomberg. Naif Al Rasheed, the managing director of the Private Sector Stimulus Office, said that...

Hoshan adopts SAP S4 Hana Public Cloud

Riyadh-headquartered Hoshan Holding, widely recognised as one of the largest holding companies in th ...

BHGE, Darvico supply control valve package

Baker Hughes, a GE company (BHGE) has announced the delivery of the highly engineered, severe servic ...

Al Salem Johnson shifts factory to KAEC

Al Salem Johnson Controls (York), a leading provider of integrated heating, ventilation and air-cond ...

Work starts on Shuqaiq 3 desal project

Marubeni Corporation, a leading developer and operator of international power projects, said its con ...





World steel demand set to moderate

The growth in steel demand remains positive, but growth rates are expected to moderate in tandem with the slowing global economy in 2019 and 2020, experts have said. According to the World Steel Association’s Short Range Outlook (SRO) report, worldsteel projects global steel demand will reach 1,735 million tonnes (mt) in 2019, an increase of 1.3 per...

Bahrain Steel inks deal with Anglo American

Bahrain Steel has signed a 20-year agreement with Anglo American Marketing Limited (Anglo American) ...

Bahrain minister meets Yoko Steel officials

Bahrain's Electricity and Water Affairs Minister Dr Abdulhussain Mirza recently received senior ...

Emirates Steel, Ecofer to process 1.6 mt slag

Finnish company Ecofer Technologies will process an estimated 1.6 million tonnes of slag from Emirat ...

Corrosion proof warning devices from E2S

The 316L stainless STEx family from E2S Warning Signals, one of the world’s leading independen ...





King Abdulaziz Port broadens offerings

The success story of King Abdulaziz Port, the largest Saudi port on the Arabian Gulf, dates back to over four decades. Today, the  comprehensive port is pioneering major industrial and economic developments. It has expanded from a small berth capable of accommodating only two ships and connected to a 13-km monorail off the coast of Dammam, to a huge...

Bahri announces APAC expansion plans

National Shipping Company of Saudi Arabia (Bahri), a global leader in logistics and transportation, ...

Firm stresses need for inclusive workforce

Bahri highlighted the benefits of an inclusive workforce bringing to focus the under-representation ...

Abu Dhabi Ports, Dell to develop solutions

Abu Dhabi Ports has signed a memorandum of understanding (MoU) with Dell Technologies that will see ...

UAE logistics, distribution hits $20.9bn

The total value of the UAE’s logistics and distribution sectors have grown to Dh76.78 billion ...





Industrialisation spurs growth

The pressure vessel market is expected to reach $184.87 billion by 2021, growing at a CAGR of 5.38 per cent from 2016 to 2021, said a report. The growth of this market is attributed to huge electricity demand and industrialisation in different regions. Investments for renewable power generation in Asia-Pacific and North American countries have been planned...

Waste heat recovery market is `flourishing’

The worldwide market for waste heat recovery system is expected to grow at a CAGR of roughly 4.7 per ...

Mycon helps cleaning of heat exchangers

Germany’s mycon GmbH, a sister company of industrial cleaning firm Kipp Umwelttechnik GmbH, ha ...





Borouge to set up new production unit

Abu Dhabi Polymers Company (Borouge) has announced that it will significantly increase production of pre-compounded black polyethylene for pressure pipe applications by investing in a production unit which is expected to be completed within 2020. The company’s decision to expand capacity of PE black product follows soon after China’s Water...

Ecoclean unveils new cleaning solutions

Coating, adhesive bonding, sealing, painting – these are just some manufacturing operations ca ...

New success for Degaroute in Egypt

Evonik Industries, a German manufacturer of specialty chemicals, recently won a project in Egypt to ...

Polynt signs deal with Orange for WAN

Polynt, a leading provider of chemical composites used in the production of plastics, paints, inks a ...





R&D a priority for Mideast growth

Look back through time – there are plenty of examples of businesses that missed out on huge opportunities. Think about when Kodak skipped the digital photography revolution, when Nokia failed to recognise the importance of smartphones, and when Ford got upstaged by General Motors (GM) back in the 1920s. Now think about why this happened, and...

Bosch to enable IoT devices to interact

Bosch, a leading global technology company, has used its open-source-based Bosch IoT Suite to connec ...

Philips, STC partner on AI-powered telehealth

Royal Philips, a global leader in health technology, is partnering with the Saudi Telecom Company (S ...

GE Healthcare, Rockwell collaborate

GE Healthcare, a subsidiary of General Electric, and Rockwell Automation are combining their automat ...

LG shows off its first ever AI chip

AS part of its strategy to accelerate the development of AI devices for the home, LG has developed i ...





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