Monday 8 February 2016

Globe Express Services senior executives discuss strategy

Globe Express Services (GES), a leading logistics services firm, recently hosted a two-day meeting in Dubai, UAE, which was attended by 34 C-Level executives from all its corporate offices. The meeting discussed the company’s strategy for 2016 in line with prevailing trends


Meba plans Bahrain's first solar panel plant

Work on a plant to make solar panels will begin within months in Bahrain with commercial operations set to commence in September, the company launching the project says. Metals of Bahrain (Meba), whose core business is engineered castings, says it is diversifying with the new venture,


Bahrain India Society team to visit 'Make in India' week

A delegation of Bahraini and Indian businessmen in the kingdom are set to visit 'Make in India Week,' according to the Bahrain India Society (BIS).   The event, which will run from February 23 to 28 in Mumbai, aims to showcase the potential of design, in


World food prices fall near seven-year low

World food prices fell to near a seven-year low in January, weighed down by declines for agricultural commodities, particularly sugar, the United Nations food agency said on Thursday. Food prices have fallen for four straight years and remain under pressure from ample agricultura


Swiss cabling specialist R&M buys US company

Swiss Cabling specialist R&M has announced the acquisition of Realm Communications Group, a North American fiber-optic specialist based in California as part of its plan to boost its position in the fiber optic cabling market. Founded in 1987, Realm is a leader in developing and su


Ras Al Khaimah exhibitions visitor numbers up 27pc

The RAK Exhibition Center, affiliated to RAK’s Chamber of Commerce and Industry, has seen a 27 per cent increase in the number of visitors last year.    As many as 24 events, some independent and others under the chamber’s auspices, attracted vi


GM posts record profit in fourth quarter, 2015

General Motors Co reported record quarterly and annual profits on Wednesday and promised 2016 will be even better, but unimpressed investors dumped the automaker's shares. The disconnect highlights the challenges facing GM, Ford and Fiat Chrysler. US sales and


Honda adds 2.2m vehicles to Takata air bag recall

Honda Motor Co Ltd is expanding its recall in North America of late-model vehicles equipped with potentially defective Takata air bags, adding 2.23 million vehicles. The Japanese automaker said certain Acura and Honda vehicles from model years 2005-2016 are being recalled to repl


China seeks food security with $43bn bid for Syngenta

China made its boldest overseas takeover move when state-owned ChemChina agreed a $43 billion bid for Swiss seeds and pesticides group Syngenta on Wednesday, aiming to improve domestic food production. The largest ever foreign purchase by a Chinese firm, announced by both compani


BAI strategises to stay competitive

Aluminium powder maker Bahrain Atomizers International (BAI) faces uncertain times in the aftermath of a 400 per cent increase in premium that Alba charged for its metal from the beginning of 2015. General manager Tim McLaughlin said the company kept to its strategy of staying co

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