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Taiwan’s Quang Viet Expands Textile Base in Vietnam and Middle East
A Taiwan-based garment manufacturer Quang Viet Enterprise Co Ltd has evinced keen interest in Vietnam’s swimwear makers King Hamm Industrial Co Ltd for purchasing...
Indonesia eyeing Middle East for textile export
Indonesia eyeing Middle East :: Textile manufacturers in Indonesia, especially those from Central Java, are now looking at expanding their market in Middle East, according...
Fashion brands plan direct dealings with UAE’s outlet stores
UAE’s outlet stores :: Fashion brands do not want to get stuck with piles of unsold stock, especially if they are a season or...
Egypt net foreign reserves rise to $42.524b after Eurobond sale
Egypt net foreign reserves :: Egypt’s foreign reserves rose to $42.524 billion (Dh156 billion) at the end of February from $38.209 billion at the...
The UAE’s non-oil private sector growth eases in February
The UAE’s non-oil private sector growth slowed in February as indicated by the Emirates NBD Purchasing Managers’ Index (PMI) which declined to 55.1 in...
Inflation rises to 4.7% following VAT roll-out
Inflation in Abu Dhabi rose to 4.7 per cent in January 2018, the highest rate in years, following the implementation of Value-Added Tax (VAT)...
SABIC head re-elected as GPCA Chairman
SABIC head re-elected :: The Gulf Petrochemicals and Chemicals Association (GPCA) announced on Tuesday the re-election of Yousuf Al Benyan as its chairman for...
ADNOC and OCP Group Sign Long-Term Sulphur Supply Agreement
Strengthening Strategic Ties Between the UAE and Morocco
The Abu Dhabi National Oil Company (ADNOC) and Morocco’s OCP Group have signed a long-term agreement under...
Saudi Aramco company shipyard venture appoints CEO
Saudi Aramco and a number of partners have appointed Fathi K. Al Saleem as CEO of a joint venture to build a shipyard on...
New $1bn Abu Dhabi chemicals facility to boost manufacturing
The new facility will supply raw material for some of the UAE's largest industrial firms
Shaheen Chem Investment, owned by investors from the United Arab...
