Inflows of foreign direct investment into Saudi Arabia have increased by 7 per cent for a second consecutive year to reach $4.6 billion, more than three times the level recorded in 2017, said United Nations Conference on Trade and Development (UNCTAD) in a new report. The findings of UNCTAD’s latest World Investment Report reflect the...
Top trends shaping Saudi F&B industry
Emergence of more ‘home grown’ brands and sustainable eating are among the four top food ...
Lockheed Martin to build satellite system
Lockheed Martin has been selected to develop a new ground system to control Saudi Arabia’s new ...
Shaker Group reduces Q1 losses by 88.5pc
Saudi-based Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group), a leading importer, manufacturer ...
Saudi Arabia’s cement sector witnessed a 11 per cent growth in material demand for the first f ...
Belgian company Think3D has used a combination of drone technology with FARO laser scanner to provide 3D CAD models for complex industrial installations ranging from different sectors such as petrochemistry, steel, pharmaceuticals and the food industry. The company said it was convinced by the scanning qualities of the FARO laser scanners, and therefore,...
Etihad Engineering, the maintenance, repair and overhaul (MRO) arm of Etihad Aviation Group, has been expanding its operations in aircraft maintenance and parking to meet the new requirements of airline operators as fleets have been grounded due to the Covid-19 pandemic. The MRO provider continues to adapt to the ever-changing market needs and leverages...
Work completed on Strata-Solvay JV plant
Strata Manufacturing, an advanced composite aero structures manufacturing company owned by UAE-based ...
Touchless elevators at Abu Dhabi airport
In a world first, Abu Dhabi Airports has partnered with Meta Touch, a ground-breaking UAE company, t ...
Dnata achieves highest safety standards
dnata, one of the world’s largest air services providers, continues to be recognised for achie ...
Lufthansa to develop green aviation fuels
Lufthansa Group and Swiss Federal Institute of Technology Zurich (ETH Zurich) with its spin-offs Cli ...
Expensive metalworking fluids are no longer needed to cool and lubricate workpieces and cutting tools in the machine tool industry. Instead, there is now a proven green and clean method, EcoCooling, which uses only ionized and cooled air and has none of the environmental hazards and costs related to oil-based fluids. EcoCooling is the result of long-term,...
NSK saves nearly $3.37m at steel mill
A steelmaker based in Poland claims to be saving nearly €3 million ($3.37 million) per yea ...
Awal Gulf launches air purification unit
Awal Gulf Manufacturing, a leading manufacturer of commercial and residential air-conditioning and r ...
Creating `perfect packaging’
BillerudKorsnäs, a leading provider of primary fibre based packaging materials and Haver & ...
Mekitec offers new X-ray system
Mekitec Group, a global manufacturer of innovative food quality control systems based on X-ray techn ...
As businesses across the region formulate strategies to overcome the challenges emerging out of the Covid-19 pandemic, free zones in the UAE are offering various incentives to retain existing clients and to attract new ones. Recently, DP World, the owner of the Jebel Ali Free Zone in Dubai, slashed fees for new licence registrations and administration fees...
SAIF Zone completes work on new district
The Sharjah Airport International Free Zone (SAIF Zone) has announced the completion of development ...
Sharjah industrial zone work ‘on track’
Sharjah Chamber of Commerce & Industry (SCCI), has announced that work within the emirate’ ...
The Nanotechnology market worldwide is projected to grow by $69.5 billion, driven by a compounded growth of 13.8 per cent by 2025, said a new report. NanoMaterials, one of the segments analysed and sized in this study, displays the potential to grow at over 13.9 per cent, according to newly released “Nanotechnology - Global Market Trajectory...
GRP shelters boost advanced protection
Two outdoor shelters fabricated from glassfibre-reinforced polyester (GRP) – supplied by Inter ...
