Features
$533m privatisation deals planned

As Saudi Arabia continues to diversify its economy away from the traditional pillars of hydrocarbon-based industries, the kingdom is building a growing reputation as a dynamic destination for foreign direct investment. Towards this, the Saudi government will finalise privatisation agreements valued at SR 2 billion ($533 million) before the end of 2019, the...

60 eco-factories to be set up in Jeddah

The Jeddah Chamber of Commerce and Industry (JCCI) has launched an initiative to set up 60 eco-facto ...

Sami, French group to set up aerostructures JV

Saudi Arabian Military Industries (Sami) said it has entered into an agreement with Figeac Aé ...

Al Kathiri wins funding for Saudi-Italian plant

AL KATHIRI Holding Company said one of its subsidiary companies, Alian Industry Company, has won ini ...

Unleashing industry specific solutions

While Saudi Arabia is embarking upon its Vision 2030 mandate to transform the country into a leading ...





Aircraft production to reach record high

The revival of competition between Boeing and Airbus is expected to result in record delivery of the highly popular narrow-body platforms and a 9.4 per cent year-on-year growth in production. Boeing and Airbus will produce more than 1,750 aircraft in 2019, up from 1,606 units in 2018, and propel the market towards $258.95 billion. The data comes from...

Strata, Pilatus extend business jet deal

Strata Manufacturing, a leader in composite aero structures wholly-owned by Mubadala Investment Comp ...

Sanad expands global customer base

Sanad Aerotech, a leading maintenance, repair and overhaul (MRO) service provider for aero engines a ...

Airshow to display industry potential

The Middle East has been the rising star of the aerospace industry over the last two decades bolster ...

Pratt & Whitney to power MEA aircraft

PRATT & WHITNEY, a division of United Technologies Corp, and Middle East Airlines (MEA) have ann ...





Dubai hardware trade hits $1.24bn

Dubai’s hardware and tools trade was valued at $1.24 billion (Dh4.59 billion) in 2018, with China, the US, Italy, Saudi Arabia and Germany the Emirate’s top five trading partner countries of construction-related equipment and machinery for the year. According to figures released by the Dubai Customs, Dubai imported Dh3 billion worth of hardware...

Global smart meters market to top $7bn

The global smart meters market is estimated to be worth $7.06 billion in 2023, increasing from $5.8 ...

Schneider launches new power meters

SCHNEIDER Electric, a leader in digital transformation of energy management and automation, is exten ...

MaK offers maritime propulsion system

MaK Middle East, established in Dubai in 2017 as the factory direct parts and service arm of parent ...

3M introduces PS200 multi-gas instrument

3M’s gas and flame detection business unit, a company within the 3M Personal Safety Division, ...





Mideast chemicals output rises in April

The global chemical industry has taken off on a positive note in the second quarter with April seeing an uptick in chemical production, according to the recently-released monthly report from the American Chemistry Council (ACC). Data collected and tabulated by the chemical industry group shows that global chemicals production rose 0.3 per cent in April....

Snetor tops Middle East and Africa ranking

SNETOR, a leading player in trade and distribution of plastic raw materials and chemical products wo ...

Ineos to invest $2bn in Saudi chemical plants

Ineos, a leading manufacturer of petrochemicals, specialty chemicals and oil products, has said it w ...

PDO-Chinese JV launches polymer plant

CHINESE group ZL EOR Chemicals has joined hands with Petroleum Development Oman (PDO) to launch the ...

Adnoc, OCI to set up nitrogen fertiliser JV

Abu Dhabi National Oil Company (Adnoc) has announced a new strategic partnership with OCI, a global ...





MidEast to boost petchem footprint

Big oil and gas players in the Middle East are lining up mega projects that could shift the landscape of global petrochemicals from 2025 and beyond. While the US cracker wave on the back of the shale gas boom is getting much of the attention, big oil and gas players in the Middle East are lining up mega projects that could shift the landscape of global...

6pc growth seen in polyethylene capacity

Polyethylene capacity in the Middle East is expected to increase from 20.80 metric tonnes per annum ...

Global plastics, rubber industry to grow 4pc

The global plastics and rubber industry has continued to achieve annual growth rates of between 4 pe ...





Manufacturing adopts hybrid cloud

The manufacturing industry is adopting hybrid cloud solutions at a rapid rate, according to a new report by Nutanix, a leading enterprise cloud computing company. The company’s Enterprise Cloud Index looked at manufacturing companies’ plans for adopting private, public and hybrid clouds. According to the results, the industry’s hybrid...

Mideast AR-VR market seen at $6bn in 2020

The Middle East and Africa market for augmented reality (AR) and virtual reality (VR) is expected to ...

GDPR – reflecting on the past and future

It’s been a little over a year since the European Commission (EC) made its hotly anticipated G ...





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