Gulf Exporters
September 2017

Groupe Renault has signed a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and Parto Negin Naseh Co, an importer of Renault products in Iran, to set up a new vehicles factory in Iran.






September 2017

A large number of French companies have shown interest in investing in Iran›s economic development projects, announced a senior trade official.






September 2017

UAE-based Gulf Craft, a major manufacturer of luxury yachts and fibreglass boats, has announced the sale of a passenger vessel, a Touring 36, to a buyer in the remote Polynesian country of Tonga.






September 2017

Wuhan Xiaolong Automotive Technology Co, a Chinese specialist automaker, revealed it is making headway in the establishment of a plant to manufacture high-mobility SUVs for civilian and military use at Oman’s Special Economic Zone (SEZ) at Duqm, said a report.






September 2017

Jordan-based Siniora Food Industries, a pioneer in the manufacturing of cold cuts, frozen meat and luncheon, has reported a net profit of JD1.926 million ($2.7 million) for the first half of 2017, a growth of 36 per cent compared with the same period of 2016.






September 2017

A new food grain processing and packaging factory will be set up in Bahrain at a cost of $12 million, said Khaled Al Ameen, chairman of Bahrain Agriculture Foods Storage & Security (Bafco). The factory will come up in the Hidd Industrial Area and a construction contract is expected to be finalised this month.






September 2017

UAE-based Neopharma, a leading pharmaceutical manufacturing company, has revealed that it is planning for a major expansion, primarily in the Middle East and North African (Mena) markets and parts of Asia. These plans take into account the impending growth of the industry in these markets.






September 2017

Brazilian trade with the Arab region showed significant growth during the first half of this year with imports rising by 27 percent and exports by 15.4 per cent, said a report by Arab-Brazil Chamber of Commerce (ABCC).






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