Monday 30 March 2015
 
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Agility trims dividend despite 10pc Q4 profit gain

Kuwait's Agility, the largest Gulf logistics group, trimmed its dividend payout for 2014 despite reporting a 10 per cent increase in both its fourth-quarter and full-year net profit. The firm said in a statement on Sunday its net profit in the final three months of 2014 grew

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DuPont showcases green tech at Sogat

DuPont, a leading science company, showcased its MECS DynaWave technology for Sulphur Recovery Unit (SRU) applications, at the recent Sour Oil and Gas Advanced Technology 2015 (Sogat) exhibition in Abu Dhabi, UAE. DynaWave technology is the only industrial solution able to comply

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Hamriyah Free Zone seeks to expand plastics sector

Sharjah's Hamriyah Free Zone is seeking more investment in the plastics and packaging and food and sectors within the zone.   A high-level delgation from the zone last week joined more than 60,000 professionals from every spectrum of the plastics industry in Orlando, US,

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Print and packaging industry to unveil advancements

Gulf Print & Pack 2015 to be held next month in Dubai, UAE, will unveil the future of the print and packaging industry by showcasing the widest range of products and solutions. Innovators and top experts of the print and packing industry from around the world will also take p

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Shopper Smart Living to focus on growing appliances industry

An event focusing on the growing regional demand for white goods, home appliances and smart home tech requirements, the ‘Shopper Smart Living’, will be held in Dubai, UAE, next month. The global household appliance industry is expected to reach an estimated value of $324.2

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Hitachi Data Systems partners with Qatar CGC

Japan-based Hitachi Data Systems Corporation said it signed a partnership agreement with Qatar-based technology and engineering conglomerate Consolidated Gulf Company (CGC).   A wholly owned subsidiary of Hitachi, the company provides information technologies, services and s

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Air cargo rules focus for Bahrain forum

Leading experts will discuss issues impacting regional aviation industry impacting the air cargo industry at two major upcoming conferences in Bahrain. The second annual Middle East Air Cargo & Logistics Conference & Exhibition 2015 (MEACL) and the Bahrain International A

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Emirates names TNT Bangladesh top cargo agent

TNT in Bangladesh was named Top Cargo Agent by Emirates Skycargo, the logistics wing of Dubai-based airline Emirates, during an official awards ceremony held at TNT Bangladesh head office in Dakha. TNT has been recognized as the top cargo agent in Bangladesh for the second year i

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Iran plans to quadruple steel production by 2025

Iran, the largest steelmaker in the Middle East and North Africa, plans to quadruple steel production to 55 million tonnes a year by 2025, a report said. Steel output by Iran totalled 16.33 million tonnes in 2014, securing the country’s place as the 15th largest producer in

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Almarai plans $400m Egypt expansion

Saudi Arabia-based Almarai, one of the largest dairy food company in the world, is planning to invest $400 million in order to expand its current projects in Egypt, a report said. Almarai is also studying the possibility of acquiring other food and agriculture companies, said the

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