Manufacturing & Industry

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Bahrain gave the lowest salary increase projection at 4.5 per cent followed by the UAE at 4.8 per cent, Qatar at 5.2 per cent and Kuwait at 5.3 per cent.
September 14, 2014 - 20:55 GMT
Saudi Arabia and Oman based companies gave the highest salary increase projection among GCC countries.

July 8, 2014

Canon
10:43 GMT
(press release)

Canon Middle East, a leader in imaging solutions, has appointed Creative Force to expand it Professional Video business in Iraq.

July 6, 2014

French carmakers Peugeot and Renault look to be among the clearest beneficiaries of the interim deal that lifts some sanctions on Iran.
10:45 GMT

Iran itself counts car manufacturing as its second-biggest industry after oil, accounting for 10 percent of its gross domestic product.

Samsonite
05:54 GMT
(press release)

Reinforcing its aggressive expansion plans across the Kingdom of Saudi Arabia in particular, Samsonite Group – the worldwide leader in travel solutions – has announced the opening of two new showrooms in Riyadh.

“EDL will limit the network’s productive capabilities to a fixed amount of 1,550 Megawatts from July 1 to Sept. 10," the statement said. “We call on citizens to understand need to achieve balance between the need for electricity production and the sensitive situation of the public budget,” the EDL said.
03:55 GMT

Lebanon’s state-owned electricity company announced Friday that it would limit its production this summer, providing only 13 hours of electricity per day.

July 4, 2014

The project has envisaged that about 250 megawatts (MW) of electricity will be generated per day from burning 1,500 tons of solid waste.
13:56 GMT

The project will create 650 direct jobs and 2,000 indirect jobs, and will be implemented in four phases over the course of 24 to 36 months.

July 3, 2014

KPC has said previously that the existing pipeline linking the two cities, also built by Zakhem International in 1973, has outlived its 30-year lifespan and was prone to ruptures.
02:54 GMT

Family-owned Zakhem International has also carried out oil pipeline, refinery and fuel storage projects in Libya, Iraq, Nigeria, Qatar, Italy and Tanzania, according to its website.

July 2, 2014

The new complex will create significant value to Ma’aden shareholders.
19:42 GMT

The estimated cost of the project is approximately SR28 billion ($7.5 billion), and production at the new facility is expected to commence in late 2016.

July 1, 2014

The Iranian carmaker Iran Khodro has resumed automobiles exports to Russia, which it halted in 2009 when Russia adopted stricter Euro-4 emission standards.
01:55 GMT

The resumption of car exports to Russia comes at a time of greater openness to trade with Iran in the wake of an interim nuclear deal.

June 30, 2014

Pepsi interactive vending machine
09:33 GMT
(press release)

Football fans in the UAE, Kuwait and Saudi Arabia will be given the exclusive opportunity to show off their football skills this month as three of only a selected number of markets globally to launch the Pepsi interactive vending machine.

SHAHID Application
05:59 GMT
(press release)

Samsung Electronics announced a partnership with MBC Group, first private free-to-air satellite broadcasting company in the Arab World to announce the launch of SHAHID Application.

Meanwhile, Israeli manufacturers see further expansion of their overseas activity.
04:55 GMT

Monthly analysis by the economic division of the Israel Manufacturers Association presents worrying figures showing a continued decline in Israel's industrial exports

June 29, 2014

During the event
05:57 GMT
(press release)

Samsung Electronics Levant, a global leader in digital media and digital convergence technologies in cooperation with Hikmat Yassin & Sons Co. held a floor sales training in Jordanian Governorates.

June 26, 2014

EDL has written to the Finance Ministry that the allocation for fuel oil not be slashed from $1.8 billion to $2.2 billion.
23:28 GMT

An official at the state-owned Electricite du Liban said Wednesday that power plants have been shut down to limit fuel consumption, warning

SHAHID Application on Samsung Smart TV
08:09 GMT
(press release)

Samsung Electronics announced the launch of SHAHID Application on Samsung Smart TVs today, in partnership with MBC Group, the first private free-to-air satellite broadcasting company in the Arab World.

Oman has significantly increased state spending on healthcare in recent years, although it has also encouraged the private sector to take on a greater role.
01:14 GMT

Oman has set aside $3.38 billion in its 2014 healthcare budget, more than double the $1.3 billion spent last year, in part to sharpen its focus on combating non-communicable diseases, such as diabetes, hypertension and obesity, said a report.