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MENA region
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Toyo Printing Inks to Invest $26.7m in Turkey Business Expansion
Nov 22, 2017Toyo Printing Inks, a Turkey-based inks and coatings manufacturer and a unit of Toyo Ink, is expanding its operations in the country with an investment of $26.7m. As part of this effort, the company purchased a 62,000m² plot of land ...
Tags: Toyo Printing, inks, coatings
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Xylem Opens Pump Rental and Services Hub in Dubai
Oct 13, 2016Xylem Inc has set up a new pump rental and service business in Jebel Ali, Dubai to serve growing demand from the construction and infrastructure sectors, as well as municipal customers, across the Middle East and North Africa (MENA). The ...
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KACS to Distribute Edita Food Brands in Saudi Arabia
Oct 11, 2016Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
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Adeptio to Acquire Controlling Stake in Americana for $2.4bn
Jun 23, 2016A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
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Ornua Opens EUR20m Cheese Manufacturing Facility In Saudi Arabia
Mar 18, 2016Irish dairy company Ornua has opened a €20m cheese manufacturing facility in Riyadh, Saudi Arabia. The facility will produce white cheeses for the Saudi Arabian market, which is considered to be the fifth largest dairy importer in ...
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Construction on Mondelez's $90m Biscuit Factory in Bahrain Underway
Mar 2, 2016Construction has started on the Mondelēz International’s $90m biscuit manufacturing factory in Bahrain with scheduled completion expected later this year. Mercury Middle East WLL (Mercury Mena) is the project's general ...
Tags: Biscuit, raw materials
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Daimler Trucks Prepares to Return to The Iranian Market
Feb 9, 2016Daimler Trucks, the world's leading truck manufacturer, is setting the course for a return to the Iranian market, having signed letters of intent with its local cooperation partners Iran Khodro Diesel (IKD) and the Mammut Group. Daimler ...
Tags: Daimler Trucks, truck, Iranian Market
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JOST Group Will Be Presenting Its Vast Range of Products
Jun 2, 2015At the Automechanika Dubai 2015 from 2nd to 4th June 2015, the JOST Group and its JOST, ROCKINGER, TRIDEC and Edbro brands will be presenting its vast range of products, including components and systems for trucks & trailers. JOST will also ...
Tags: Trailer Axles, Mercedes-Benz
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Al Rawabi Dairy Intends to Expand Further Into The Mena Region
Mar 24, 2015Dubai-based Al Rawabi Dairy, which penetrated into the UAE market more than two decades ago, intends to expand further into the MENA region. Al Rawabi planss to foray into Kuwait, Bahrain, and many North African countries. Al Rawabi ...
Tags: Al Rawabi Dairy, UAE market, milk
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A High Potential Solar Market:Mena Region
Jan 19, 2015The MENA region is widely recognized as, and 2015’s first solar-related exhibition - World Future Energy Summit 2015 (WFES), will take place in Abu Dhabi on January 19. Lower costs for large-scale solar installations, strong solar ...
Tags: Solar Market, Sloar Energy
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Kim Marti Said That The Key Risks to The Global Economy Should Be Closely Monitored
Sep 30, 2014Speaking at the SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting in Berlin, Kim Marti, international sales director of Spanish steel producer CELSA Group, said that the key risks to the global economy, such as geopolitical tensions ...
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ACCBC Completes The Announced Acquisition of a Majority Stake in Pampa Products NBC
Jul 25, 2014Aujan Coca-Cola Beverages Company (ACCBC), which operates in the MENA region, has completed the previously announced acquisition of a majority stake in Lebanese distributor of Coca-Cola and Pampa products National Beverage Company (NBC). ...
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DRI Output Increased by Two Million Tons or 2.8 Percent Year on Year
Jun 13, 2014In 2013, the world's direct reduction iron (DRI) output increased by two million tons or 2.8 percent year on year to a record 75.2 million tons, even though two key producing countries, India and Venezuela, saw significant declines in ...
Tags: DRI Capacity, Steel
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Izmir Demir Elik Sanayi A's Financial Results for The Q1
May 21, 2014Turkish rebar producer Izmir Demir elik Sanayi A.. (IDC) has announced its financial results for the first quarter of the current year, remarking that global apparent steel consumption in 2014 is expected to grow 3.1 percent, while apparent ...
Tags: Steel Exports, IDC
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Public Cloud Services Market in The MENA Is on Pace to Grow 23 Percent in 2014
May 14, 2014The 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