Industrials

FEATURED REPORT...
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: March 2, 2015
UAE. Senaat plans to invest 5 billion dirhams (US$1.4 billion) in industry over the next two years as Abu Dhabi diversifies its economy away from oil.
Posted: February 26, 2015
UAE. IDEX this year saw more than 100,000 visitors and 159 delegates participating in the event and the conferences.
Posted: February 26, 2015
UAE. Global energy group Total will blend and market an original brand of oil products targeting the construction machinery sector across the Middle East.
Posted: February 24, 2015
Unmanned technology was the central focus of the third day of IDEX as a flying demonstration by many of the world's most sophisticated unmanned vehicles took to the skies.
Posted: February 23, 2015
UAE. AMRAAM-ER, NASAMS launcher will provide robust ground based air defence.
Posted: February 23, 2015
UAE. Under what is known as the "Phase 3 Enhancements Package" (P3E), the contract will see the jet receive upgrades including improvements to the maintenance and mission systems and the integration of the MBDA Brimstone 2 precision missile.
Posted: February 21, 2015
UAE. "Growth in the defence budgets of GCC countries has been particularly high over recent years, and now accounts for about 83% of overall military spending in the Middle East."
Posted: February 19, 2015
UAE. OCI N.V. announced the formal commencement of proceedings to effect a demerger of the company's engineering and construction business from its fertilizer and chemicals business.
Posted: February 18, 2015
SAUDI ARABIA. Detailed study of the Kingdom's water reuse recommends four major policy options including education and outreach, removing barriers, incentives and mandates and regulation.
Posted: February 18, 2015
UAE. The Airbus Group has a long standing partnerships and a strong presence In the Middle East with representative offices in Qatar, Saudi Arabia, UAE, Oman, and Egypt.
Posted: February 18, 2015
UAE. 2015 Global aerospace and defence industry to grow around 3%; Deloitte report signals continued strength of commercial aerospace from rising passenger travel demand and production of next generation fuel-efficient aircrafts.
Posted: February 13, 2015
SAUDI ARABIA. New facility to address growing enterprise and datacenter cabling requirements in Saudi; Company keen to employ Saudi technicians.
Posted: February 7, 2015
UAE. "It is possible that the next technological leap for the petrochemical industry is formulated by an engineer in Abu Dhabi, a scientist in Doha or a researcher in Riyadh or Dhahran City."
Posted: February 7, 2015
UAE. UAE has more than 600 furniture factories,representing 13% of industries in country; Dubai WoodShowwill be held from 14 to 16 April, 2015.
Posted: February 3, 2015
UAE. Investment made in partnership with the EBRD; Plans to grow production capacity, enhance export footprint and further expand in the Turkish market.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2015
UAE. Deloitte experts consider that residential transactions have slowed to a more sustainable level; Leveling off in capital growth, in certain areas; This new characteristic suggests a market that is in fact maturing and arguably strengthening.
date:Posted: April 19, 2015
INTERNATIONAL. The EIA once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output.
date:Posted: April 19, 2015
QATAR. The first Renminbi Clearance Centre (RCC) in the MENA region, to be located in Doha; The RCC will allow for claims denominated in RMB to be settled in Doha and exchanged for other currencies, including the Qatari Riyal (QAR).
UAE. Deloitte experts consider that residential transactions have slowed to a more sustainable level; Leveling off in capital growth, in certain areas; This new characteristic suggests a market that is in fact maturing and arguably strengthening.
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