Monday 19 November 2018
 
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industries

UAE to launch new strategy for defence industries

The Emirates Defense Companies Council (EDCC) is preparing to launch a new strategy that aims to bolster its role in enabling UAE’s defence and security industries sector, said a senior official. Mohamed Helal Al Muhairi, Di

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Siemens, Bentley Systems to set up process industries academy

Siemens’ Process Industries and Drives and Digital Factories divisions are teaming up with Bentley Systems’ Bentley Institute to establish a Process Industries Academy that will support the companies’ joint vision for cloud ser

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Siemens, Bentley Systems to set up process industries academy

Siemens’ Process Industries and Drives and Digital Factories divisions are teaming up with Bentley Systems’ Bentley Institute to establish a Process Industries Academy that will support the companies’ joint vision for cloud ser

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UAE bank loans to industries up 3.4pc to $210bn

The balance of loans lent by banks operating in the UAE to the industrial and business sectors rose 3.4 per cent at the end of May 2018 to Dh774.5 billion ($210.8 billion), from Dh748.9 billion in December 2017, a media report said.

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UAE bank credit to industries hits $2bn in two months

Lending by UAE banks for industrial and business operations amounted to Dh7.4 billion ($2 billion) during the first two months of the year, marking a growth of 1 per cent over the end of last year, a media report said. This brings

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UAE bank credit to industries hits $2bn in two months

Lending by UAE banks for industrial and business operations amounted to Dh7.4 billion ($2 billion) during the first two months of the year, marking a growth of 1 per cent over the end of last year, a media report said. This brings

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Iran plans to invest $3.5bn in rural industries

Iran is planning to invest $3.5 billion in rural industries as part of a master plan to create jobs and decentralise the industrial sector, revealed a senior Iranian official. The funds will be made available in the form of low-in

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Dafza issues comprehensive halal industries guide

The Dubai Airport Freezone Authority (Dafza) recently issued a comprehensive halal industries guide as part of its initiatives to contribute to Dubai’s vision of becoming the capital of the Islamic economy. The first-of-its-

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Saudi Arabia sets up new military industries firm

The Saudi Arabian Public Investment Fund (PIF) has announced the creation of a new national military industries company, wholly owned by the government, which will form a key part of Vision 2030.   Saudi Arabian Military Indu

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Saudi Arabia, Siemens sign deal to boost industries

Saudi Arabia's National Industrial Cluster Development Program (NICDP) has signed a memorandum of understanding (MoU) with Siemens to develop sustainable industries through the localisation of technologies and driving the digital industrial

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