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