Regional News
Alba results impacted by LME price drop

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, said its top-line and bottom-line for the second quarter and first-half of 2019 were impacted by lower LME price – a drop of 21 per cent year-over-year ($1,793/t in Q2 2019 versus $2,259/t in Q2 2018). However, this was partially offset by higher sales volumes, said a statement from...

Almajdouie launches new digital platform

Almajdouie Logistics has launched an independent digital platform aimed at meeting the needs of ...

Saudi Arabia plans world’s longest hyperloop track

Virgin Hyperloop One, the only hyperloop company in the world to successfully test its hyperloop tec ...

SAMI buys into aircraft accessories company

Saudi Arabian Military Industries (SAMI) said it has acquired a majority stake in Aircraft Accessori ...

EU group to digitise Ma’aden plant

Saudi Arabia's Ma’aden Aluminium has signed up top European software solutions supplier 8S ...





Al Ahbabi named Abu Dhabi Ports Chairman

Abu Dhabi Ports Company, the master developer, operator and manager of commercial and community ports within the UAE capital, has appointed Falah Mohamed Al Ahbabi as its new chairman. Abu Dhabi Ports manages 11 commercial, logistics, community and leisure ports, including its flagship deep-water Khalifa Port. It is also developing Kizad (Khalifa...

Ford Motor names top executive for Mena region

Ford Motor Company has announced the appointment of Randy Krieger as its president – direct ma ...

Mercedes-Benz Cars ME appoints new president, CEO

Mercedes-Benz Cars Middle East has appointed Thomas Klein as its new president and chief executive o ...

National Food Products Co names new group CEO

Dubai-based National Food Products Company (NFPC), one of the leading foods and beverage companies i ...





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