Saudi Aramco’s $69.1 billion takeover of the Saudi Basic Industries Corporation (Sabic) in June was a giant step towards realising its powerful ambition: to be the world’s leading integrated energy and chemicals company. Closing on the merger of the petrochemicals-focused Sabic, Saudi Aramco, officially, became the fourth-largest chemicals firm...
Nusaned contributes $1.6bn to GDP
Nusaned Investment, owned by Saudi Basic Industries Corp (Sabic), the world's fourth-biggest pet ...
As elsewhere in the world, Covid-19 has dealt a severe blow to Iraq’s economic activities, especially the services sectors like transport, trade, banking and religious tourism, which constitute around half of the non-oil economy. Faced with a combination of acute shocks which the country is ill-prepared to manage, Iraq’s economic outlook has...
Zaki Group caters to increased demand in Iraq
Zaki Group, one of the leading food dairy and beverage companies in Iraq, is marking a milestone in ...
GE completes work at Besmaya plant
GE Gas Power has completed services on four 9F.03 gas turbines, two steam turbines and six generator ...
The majority of companies in the UAE are going through challenges brought about by the coronavirus pandemic and are expected to make some operational changes to weather the crisis, according to HSBC. In a new HSBC survey that covered more than 2,600 organisations in 14 countries, 79 per cent of firms surveyed in the UAE said they were “strongly...
Supporting SMEs a top priority for UAE
Supporting small and medium enterprises (SMEs) is a top priority in the UAE’s agenda for ensur ...
EGA unit achieves nameplate capacity
The Emirates Global Aluminium (EGA) has announced that production at its new Al Taweelah alumina ref ...
Unit 2 of Barakah plant completed
The Emirates Nuclear Energy Corporation (Enec) has completed the construction of Unit 2 of the Barak ...
UAE 3D printing sector to reach $599m by 2025
Immensa Technology Labs, the UAE’s leading additive manufacturing company, expects the additiv ...
The emergence of the novel Coronavirus disease (Covid-19) has brought the world to a standstill. The heath crisis has had an immense impact on all economic sectors, including the global textile industry whose supply chains span several continents. While lockdowns and salary reductions have suppressed consumer demand, at the same time, this highly...
The UAE Technical Committee for Chemical and Textile Products has submitted 70 Gulf Cooperation Coun ...
UAE facility locks year-long orders
The UAE’s first respirator manufacturing facility, established in May in Al Ain with an annual ...
Fine Hygienic Holding (FHH), a leading manufacturer of hygienic paper products, has confirmed the ef ...
Amco eyes PPE, smart textile market
Having savoured success with its recently launched reusable face mask ViroMask, UAE’s Amco App ...
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Despite the challenging marketing conditions in the wake of the Covid-19 pandemic, Ducab Group, one of the UAE’s largest manufacturing businesses, is highly optimistic of the group’s performance. The cable and metal manufacturing major, expects solid results from its recently consolidated business unit Ducab Metals Business (DMB) as well as...
Wires and cables market worth $232.6bn by 2025
The global wires and cables market is expected to reach $232.6 billion by 2025, growing at a CAGR of ...
Nexans signs up Ingram Micro as distributor
Nexans, one of the worldwide leaders in cables and cabling systems, has signed a value-added distrib ...
Prysmian selects IBM for digitisation
Prysmian Group, a global leader in the energy and telecom cable systems industry and the largest man ...
Abu Dhabi Terminals (ADT) has announced the delivery of its latest batch of ship to shore (STS) cranes as part of its ongoing expansion efforts. Abu Dhabi Terminals is the management company and operator of Khalifa Port Container Terminal (KPCT), the region’s first semi-automated terminal and one of the most technically advanced. The five new cranes...
Mammoet completes heavy lifting project
Mammoet, a global leader in engineered heavy lifting and transport, has completed a heavy lifting an ...
Sparrows Group completes project for Asry
Sparrows Group has completed its first project for Asry (Arab Shipbuilding & Repair Yard) delive ...
Marr completes record lifting
The Australia-based heavy lift tower crane specialist, Marr Contracting, has completed a world-recor ...
First container HBS system assembled
DP World, the Dubai-based provider of worldwide smart end-to-end supply chain logistics, has complet ...
The rigid plastic packing industry is reacting to new challenges around competition with innovative flexible packaging designs, and the exploration of new markets in transition economies, a new report said. Smithers Pira’s latest market report: ‘The Future of Rigid Plastic Packaging to 2024’ forecasts rigid plastic packaging sales to grow...
Neste, Jokey to develop market
Neste and Jokey, a leading international manufacturer of rigid plastic packaging, have started colla ...
Ocean plastics may buoy Europe R-PET market
It certainly appears as though the recycled polymer markets in Europe are developing at a much faste ...
Engineering plastic launched
BASF, the largest chemical producer in the world, is launching an engineering plastic, which it said ...
Trinamix application makes plastic sorting easy
TrinamiX GmbH, a wholly owned subsidiary of BASF, has developed a new application for its mobile Nea ...
Emerson, a global automation technology and engineering company, said it has recently introduced augmented reality (AR) technology to its Plantweb Optics asset performance platform, delivering enhanced access to real-time diagnostics and analytics, as well as live remote assistance, to industrial plant workers responsible for maintaining and optimising...
SGS’ digitalisation a boost to aviation
Saudi Ground Services, the kingdom’s leading aviation ground handling services company, announ ...
Aveva introduces a smart app embedded with AI
Aveva, a global leader in engineering and industrial software, has announced the launch of the ...
Custom reporting tool launched
Intoware has launched a powerful custom reporting tool for its automation platform, WorkfloPlus that ...
Siemens Energy launches VR solutions
Siemens Energy is launching new virtual reality (VR)-based solutions in the Middle East, specificall ...
