Saturday 2 July 2016
 
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IoT 'has potential to effect major changes in industries'

The growing ecosystem of web-connected devices and platforms known as the Internet of Things (IoT) has the potential to effect major changes in many industries, including manufacturing, retail, and transportation, according to an expert.

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Sandan to develop $258m light industries park in Oman

Sandan Development is set to develop Oman's first integrated light industries park at a cost of RO100 million ($258.8 million), according to a report.   The project will cover more than 250,000 sq m and will

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Sandan to develop $258m light industries park in Oman

Sandan Development is set to develop Oman's first integrated light industries park at a cost of RO100 million ($258.8 million), according to a report.   The project will cover more than 250,000 sq m and will

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Bigger utility bills to hit expats, industries in Bahrain

All expatriates, large companies and industries will be affected by the higher tariffs for water and electricity which will start to take effect from March 1. Bahrainis are exempted from the new rates except those who have more th

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Industries Qatar product price drop hits earnings

Petrochemicals, metals and fertiliser producer Industries Qatar (IQ) blamed lower product prices for an extended earnings slump on Thursday.   Although IQ's sales volumes hit an all-time high, the state-run f

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Saudi Arabia to move beyond oil; plan to jump-start industries

Saudi Arabia has outlined ambitious plans to move into industries ranging from information technology to health care and tourism, as it sought to convince international investors it can cope with an era of cheap oil. A meeting and

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Motorcity receives Hyundai Heavy Industries team

Motorcity's parts department received a delegation from Hyundai Heavy Industries together from Hyundai Heavy Industries together with their GCC regional distributors at the recently opened central parts distribution centre in Ma'ameer,

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Nod for new office to boost ties with Indian industries

A new office to promote Indian industry in Bahrain has been given the go-ahead by the Cabinet. The regional office is aimed at strengthening ‘commercial, industrial and financial ties’ with India, Information, Parliament and Shura

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Downstream units 'crucial for aluminium sector'

Development of the downstream aluminium industries in the region will have positive implications for the aluminium sector as a whole, said a senior Emirates Global Aluminium (EGA) official. Abdulla Jassem bin Kalban, managing dire

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MHI-MME receives order for waste heat recovery systems

Mitsubishi Heavy Industries Marine Machinery & Engine Co (MHI-MME) has received an order from Daewoo Shipbuilding & Marine Engineering Co (DSME) of Korea, for waste heat recovery systems (WHRS) for mega container carriers (MCC).

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