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Posted: 12-08-2011
INTERNATIONAL.First, the bad news - China's constrained rare earth supplies will be an "irreversible trend" and prices will remain at high levels, according to Zhang Zhong, general manager of Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. Zhang should know, as his concern is China's leading rare earths producer - the Baatou mine produces more than 95 percent of China's production, while Chinese mines currently account for 97 percent of global supplies. The increase in global demand for rare earth metals has sent prices soaring in world markets. According to the China Nonferrous M
Posted: October 3, 2015
SAUDI ARABIA. Saudi Arabia is leveraging low oil prices to accelerate development of its downstream petrochemical derivatives sector and will add over 30 million tonnes of production capacity by 2020.
Posted: October 1, 2015
UAE. Petrochemical production rose 8.3%, with revenues reaching US$88 billion in 2014, making the GCC the second-highest growth region in the world.
Posted: September 30, 2015
SAUDI ARABIA. Over 3000 delegates are expected to attend, with more than 50 exhibitors from 10 countries; Experts to dissect US$19bn worth of upstream and downstream projects.
Posted: September 29, 2015
SAUDI ARABIA. New initiative combines marketing, innovation and technology to create demand and promote downstream industry development
Posted: September 28, 2015
UAE. The service business of industrial companies is growing at a 40% faster rate than new business; One-quarter of gross profit is generated through services but common prejudices are making many companies reluctant to invest in services.
Posted: September 26, 2015
UAE. The segment achieved a turnover of AED13.6 billion in 2014 ;1.1 million square metre Steel Zone developed in Jafza South to support industry.
Posted: September 8, 2015
UAE. Investment in oil, gas and petrochemicals projects will be priority for post-sanctions Iran.
Posted: September 7, 2015
INTERNATIONAL Market expected to grow at a CAGR of 5.4% during the forecast period from 2013 to 2020; Nanorobotics is gaining importance in healthcare and other niche markets.
Posted: September 3, 2015
UAE. UAE is third largest fertilizer producer in the GCC, with 5 million tons of products in 2014, up from 3.2 million tons in 2004.
Posted: September 1, 2015
EGYPT. US$300 million refinery expansion to include second UOP continuous catalytic reforming (CCR) Platforming unit to help meet growing domestic demand for high-octane gasoline.
Posted: September 1, 2015
SAUDI ARABIA. The largest and leading manufacturer of Geotextiles & Geocomposites in the Middle East selects IFS Applications 9 to replace its current ERP system.
Posted: August 21, 2015
QATAR. Largest single order for Siemens WLL in Qatar to date; Substations are required for infrastructure development projects due to upcoming FIFA World Cup 2022 and Qatar National Vision 2030.
Posted: August 20, 2015
UAE. Semiconductor companies need to diversify their sales strategy to focus on the large number of smaller organizations that offer fast and stable growth, rather than relying on big deals from large customers that are in a constant state of flux, according to Gartner.
Posted: August 20, 2015
INTERNATIONAL. Deep, case-by-case analysis and tight project management are key in "a world of constant flux"; Study finds a continued appetite for "nearshoring"; Among Western European respondents, 38% cite Eastern Europe as the most attractive nearshoring destination.
Posted: August 13, 2015
UAE. 97% of survey respondents in the manufacturing industry believe IoT is the most significant technology initiative of the decade.


date:Posted: October 6, 2015
UAE. The tax landscape has been transformed by the globalisation of business and the advent of the digital age; BEPS will have a broad impact on the region's businesses, says PwC.
date:Posted: October 6, 2015
UAE. Slowdown continues in Dubai residential and Hotel markets while Retail sector reaches cyclical peak and Office sector remains stable, according to JLL Q3 2015 Market Report.
date:Posted: October 6, 2015
UAE. According to Saxo Bank’s Essential Trades for Q4, there is hope - and investment opportunities ­- even though the pretend-and-extend cycle of denial persists; "The perfect storm raging through emerging markets is also the biggest opportunity in decades."
UAE. The tax landscape has been transformed by the globalisation of business and the advent of the digital age; BEPS will have a broad impact on the region's businesses, says PwC.
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.