Friday 6 May 2016
 
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Equate in key polyethylene supply milestone

Kuwait-based Equate Petrochemical Company had supplied more than 450,000 tonne of polyethylene to the country's leading plastic manufacturers in 17 years of its operation from 1998 to 2015, said its top official. Equate presid

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Ethical consumers key to cleaning up India's supply chain

Global retailers' efforts to clean supply chains of slave labour and improve labour conditions will have little impact unless consumers in India, Asia's third-largest economy, demand more ethically produced goods, industry experts said

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Dubai Supply Authority looks to buy 3 LNG cargoes

The Dubai Supply Authority has launched a tender to buy three liquefied natural gas (LNG) cargoes for delivery May through July, according to two trade sources.   The outcome of the tender is expected in the comi

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Mideast airlines' capacity up 16.9pc in February

Middle East carriers saw demand for international air travel jump 11.3 per cent in February compared to a year ago but this was exceeded, however, by a 16.9 per cent rise in capacity, said a report. This caused load factor to drop

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Qatargas in 4-year deal to supply LNG to Kuwait

Qatargas and Kuwait Petroleum Corporation (KPC) have signed a deal to supply half a million tonnes of liquefied natural gas (LNG) to Kuwait over the next four years, according to a report.   The LNG will be sourc

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Food manufacturers “fail” ethics test

Food manufacturers across the globe have admitted failing to put in place basic safeguards to protect vulnerable workers in their supply chains – almost one year on from laws to stop slavery, child labour and unethical working practices.

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Demand-supply ratio may soften UAE housing rentals

The rental market in the UAE’s  real estate sector will soften further in 2016 due to the widening gap between demand and supply. The focus on the affordable housing market sector will further enable the industry to mai

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Growing supply ‘to hit UAE property rentals’

The rental market in the UAE’s real estate sector will soften further in 2016 due to the widening gap between the demand and supply ratio, said Chestertons, an international property agency. The company also stated that deve

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Opec points to larger surplus in 2016 as it pumps more

The Organization of the Petroleum Exporting Countries (Opec) pointed to a larger oil supply surplus on the world market this year than previously thought as Saudi Arabia and other members pump more oil, making up for losses in non-member produ

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5m vehicles worldwide ‘may have faulty air bags’

Continental Automotive Systems has it supplied potentially defective air bag control units to five million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other manufacturers built over a five-year period worldwide, widening an

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