The public cloud services market in the Middle East and North Africa region (MENA) is on pace to grow 23 percent in 2014 to total $629 million, up from $511 million in 2013, according to the latest outlook by Gartner, while Software as a ...
Tags: Cloud Services, Gartner
In the first four months of the current year, Turkey's steel exports totaled 6.3 million mt, down 7.6 percent year on year, while the value of these exports decreased by 7.1 percent year on year to $4.7 billion, according to the data ...
Tags: Steel Exports, steel
Martelli has acquired 100% of the shares in Martelli Gonser, now known as Martelli Tunisia, the company it has been working with in the huge North-African market. The Group, that flies the flag for Italian creativity in textile finishing ...
Tags: Textile Finisher, Martelli, Martelli Tunisia
Through an initial 30-year agreement, Morgan is making an initial investment of AED 50 million (around £8.25 million) in a facility of more than 400,000 sq ft (37,000 m2) within the base metals cluster in the Khalifa Industrial Zone, ...
Tags: Electrical, Electronics
Turkey's biggest integrated steelmaker Erdemir has stated that the market share of its steel sheet supply to the automotive industry has increased, rising to 36 percent in 2013 through direct sales and distribution channels from 25 percent ...
Tags: steel, Metallurgy, Mineral
The global LNG market will remain tight through the end of the decade as growing demand in Asia, South America and Europe outpaces supply constrained by high costs and underdeveloped infrastructure, according to a study released Thursday by ...
Tags: LNG Market, LNG demand
Kuwait's al-Kharafi family, the owners of Americana food brand, is reportedly seeking to sell the food unit. Currently, no formal process has commenced for the proposed sale; however, the owners are working with financial advisory firm ...
Tags: Americana food brand, food unit
In the first quarter of the current year, Turkey's steel exports totaled 4.6 million mt, down 11 percent year on year, while the value of these exports decreased by 8.9 percent year on year to $3.4 billion, according to the data released by ...
Tags: Steel Exports, steel product
Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Bhaskar Dutta, CEO of the Omani steel and pipe manufacturer Al Jazeera Steel, stated that rebar consumption in the GCC countries is expected to rise to 12 ...
Tags: Metallurgy, Mineral, Steel
BIFA, the British international Freight Association, says that media reports suggest there could be a significant increase in the price of wooden pallets over the coming months due to timber shortages. A recent meeting of the Timber ...
Tags: Wooden Pallet, Construction, timber
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
Del Monte Fresh Produce Company is one of the world's leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared ...
Tags: Del Monte, fresh-cut fruit
UAE-based steel producer Emirates Steel Industries (ESI) has announced its financial results for 2013, stating that its sales revenues amounted to AED 6.5 billion ($ 1.8 billion), almost eight percent higher than 2012, despite sluggish ...
Tags: steel producer, steel
European imports of polyethylene terephthalate shot up by over 30% in 2013, according to Eurostat data published this week, and market participants believe that the specter of imports continues to loom over European producers. From ...
Global foreign direct investment (FDI) rose to levels not seen since the start of the global economic crisis in 2008, increasing by 11 per cent in 2013 to an estimated $1.46 trillion, with the lion's share going to developing countries, ...
Tags: trade, Investment