Wednesday 20 August 2014
 
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manufacturing

KFH industrial unit leased out for pipe manufacturing facility

Baytik Industrial Oasis Company, a wholly owned subsidiary of Kuwait Finance House – Bahrain has leased out 4,800 sq m of light industrial units to ELCOS, a unit of Spanish Aiscan, a leading pipe manufacturing company. ELCOS

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Panasonic and Tesla sign Gigafactory deal

Panasonic and Tesla Motors have signed a cooperation agreement on the construction of a large-scale battery manufacturing plant in the United States, known as the Gigafactory. According to the agreement, Tesla will prepare, provid

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Inaugural Gulfood event space sells out

A leading trade show to be held in Dubai to highlight food logistics, processing, packaging and ingredients sectors has officially sold out.   The inaugural Gulfood Manufacturing 2014 will run from November 9 to

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Walmart push exposes strains of US manufacturing rebirth

When Walmart pledged last year to buy an extra $250 billion in US-made goods over the next decade, it appeared to be just what was needed to help move America's putative manufacturing renaissance from rhetoric to reality. But

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DI units showcase innovation at GCC show

Dubai Investments [DI], a leading investment company, is showcasing the cutting-edge capabilities and innovation of its subsidiaries across the manufacturing and services sectors at the 15th GCC Joint Exhibition, currently under way in Sharjah.

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China factory activity shrinks for 4th month

China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the s

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20 entrepreneurs undergo QDB training

Qatar Development Bank has trained 20 entrepreneurs to develop effective strategies for establishing and managing manufacturing projects in Qatar recently.   The four-day industrial training programme presented a

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Toyota recalls Avalon, Land Cruiser in UAE

Toyota has decided to recall select models of Toyota Avalon and Land Cruiser 70 pick-up vehicles over manufacturing faults, said a report.   These models will be put through a special service campaign, which will

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Asian shares hit 4-month high on Yellen, China data

Asian shares hit a four-month high on Tuesday after dovish comments from Federal Reserve Chair Janet Yellen and China's official PMI survey showing the manufacturing sector managed to continue expanding in March. MSCI's br

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Saudi plans new firm to invest in manufacturing

Saudi Arabia's cabinet has approved the creation of a new company to invest in manufacturing industries as the world's top oil exporter tries to diversify its economy and generate jobs, state news agency SPA said on Monday.

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