Manufacturing & Industry

Featured Story:

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.


Sony’s Alpha α7S
07:33 GMT
(press release)

Sony's new α7S model puts extraordinary sensitivity, low noise and spectacular 4K video quality into the hands of professional photographers and videographers.

September 16, 2014

An Egyptian misdemeanour appeals court has upheld a previous ruling sentencing construction tycoon Nassef Sawiris to three years of jail time and a LE50 million ($7 million) fine for failing to pay a settlement to Egypt's Tax Authority.
15:52 GMT

The original in-absentia ruling had been appealed in July, but Sawiris, former CEO of construction and fertilizer producer Orascom Construction Industries, failed to attend the appeals court session on Sunday.

Samsung Galaxy Note 4
09:10 GMT
(press release)

Samsung Electronics Co., Ltd. announced the expansion of its flagship Galaxy Note series with the new Galaxy Note 4 and Galaxy Note Edge.

Consumer Goods CEO of the Year - Omar Farid, Pepsi Middle East
07:18 GMT
(press release)

PepsiCo MEA President, Omar Farid has been awarded CEO of the Year - Consumer Goods at the CEO Middle East Awards 2014 for his contribution to growing the brand across the Middle East.

September 15, 2014

Under the project, the capacity of the Mina al-Ahmadi refinery will drop to 347,000 barrels per day (bpd) from 466,000, while Mina Abdulla refinery’s capacity will rise to 454,000 bpd from 270,000.
21:37 GMT

Part of the country’s KD30 billion ($104.7 billion) economic development plan, the CleanFuels Project will upgrade and expand two of the Gulf Arab state’s largest existing refinerie

The majority of small companies in the region are aiming to grow staff numbers by more than 10 per cent, indicating rising optimism among businesses.
17:44 GMT

The poll also noted that 72 per cent of firms in the region expect to provide an annual salary increase of more than five per cent.

Els, Dubai
11:44 GMT
(press release)

The ELS Club Golf Course, Dubai, UAE, has been announced as the venue for the eighth qualifying round of the Xerox Corporate Golf Challenge 2014, which will be held on Thursday, 18th September 2014.

September 14, 2014

The tragic shooting down of Malaysia Airlines flight MH17 in July, which killed all the 298 people on board, could have been avoided, according to Sir Tim Clark, president of Dubai-based Emirates Airline.
21:32 GMT

According to reports, Australia’s Qantas stopped flying over Ukraine months before the tragedy, while Korean Air also claimed that it rerouted cargo and passenger flights in early March.

08:11 GMT

Lexmark International, Inc. has been recognized as a Leader in managed print and document services (MPDS) again by leading IT market research and advisory firm IDC in its 2014 MPDS IDC MarketScape report.

Jordan Olympic Committee
06:33 GMT
(press release)

Samsung Electronics Levant has teamed up with the Jordan Olympic Committee to sponsor the Jordanian team competing at the 17th Asian Games in Incheon, South Korea, from September 19th till October 4th .

Retail sales climbed 11.9 percent, lagging forecasts of 12.1 percent and slowing from 12.2 percent in July, the National Bureau of Statistics said.
04:55 GMT

This marks the lowest reading since December 2008 when the economy was buffeted by the global financial crisis.

September 10, 2014

Toshiba 14-inch Satellite L40t
11:23 GMT
(press release)

Toshiba Gulf FZE launches today the 14-inch Satellite L40t, a mainstream laptop that features a sleek and compact design.

September 9, 2014

Samsung Gear S
08:46 GMT
(press release)

Samsung Electronics Co., Ltd. unveiled the Samsung Gear S, the next generation smart wearable device that expands the smartphone experience to the wrist.

September 8, 2014

Iran exported $5.2 billion of food and agricultural products and imported $13.2 billion of the products in the previous Iranian calendar year.
20:18 GMT

Iran exported $237 million of pistachio in the first five months of the current Iranian calendar year

A Palestinian Agriculture Ministry official says the recent Israeli onslaught against the Gaza Strip has had grave impacts on the farming sector in the besieged coastal sliver.
04:55 GMT

“This figure includes $350 million of direct losses and $200 million of indirect ones.”