Savola net profit drops 43.2pc
Saudi Arabian food maker Savola Group, the country's largest food products company, reported a 43.2 per cent fall in second-quarter net profit and cut its dividend on Thursday, citing higher operating expenses and financial charges.
Sony logs 42pc plunge in Q1 operating profit
Japan's Sony Corp on Friday said operating profit fell in its first quarter by 42 per cent, less than analysts had estimated, as the electronics maker trimmed the impact of earthquake damage to one of its image sensor factories.
VW eyes higher 2016 car sales on China, Europe demand
Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said.
Raytheon revenue tops estimates as smart bomb sales rise
Raytheon Co, the maker of Patriot missile systems, reported higher-than-expected quarterly revenue as sales of its Paveway smart bombs increased.
Muna Noor opens new centre in Salalah
Muna Noor, a leading plastic pipe manufacturer and one of Oman’s oldest companies, has opened the first of its new style Pipe and Valves Centres in Salalah, Oman.
Sanofi sales and profit slide on US pricing
French drugmaker Sanofi's sales and profit fell in the second quarter despite double-digit growth at biotech arm Genzyme, as the diabetes division continued to come under sustained US pricing pressure.
SR Technics completes cabin modification for SAS
SR Technics, a leading global MRO service provider, has announced the successful delivery of the cabin modification project of 12 wide-body aircraft for its partner Scandinavian Airlines (SAS).
Damen Shipyards launches latest concept design
Damen Shipyards Group has announced its latest concept design – the Damen Decommissioning Series – based on an in-house research carried out by one of its undergraduate interns.
Al Salem Johnson Controls provides top solutions
Al Salem Johnson Controls, a leading provider of integrated heating, ventilation and air-conditioning (HVAC) solutions and equipment, has highlighted its ability to provide best solutions to customers in power emergency situations.
Bahri Q2 net profit rises 47.2pc
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 47.2 per cent increase in second-quarter net profit.
Sabic costs shrink but lower sales weigh: acting CEO
The acting chief executive of Saudi Basic Industries Corp (Sabic) said on Thursday that its costs in the second quarter of 2016 dropped by 18 per cent from the first three months of the year.
Jebel Ali Port voted ‘Best Sea Port - Middle East’
Dubai-based global marine terminal operator DP World’s flagship Jebel Ali Port has been voted “Best Sea Port – Middle East" for the 22nd consecutive year at the recent Asian Freight, Logistics and Supply Chain Awards (AFLAS).
ILIUM, a manufacturer of fibreglass structural composite reinforcements, has registered...
Unilever, one of the world’s leading fast moving consumer goods companies, is...
Emirates Glass, a processor of flat architectural glass, has secured two projects in...
Orpic, the Oman Oil Refineries and Petroleum Industries Company, will import a...
A new facility set up in Qatar by Germany-based Geze, the world’s leading...
Some 50 per cent of seamless steel pipes used in Qatar come from Ukraine-based...
List of organisations, councils, chambers of commerce and other construction related bodies from various countries:
Gulf Industry Fair
The Gulf Industry Fair is the highly acclaimed trade exhibition for the GCC which has established itself as the unrivalled marketing platform for specialist industrial products and service providers, distributors and agencies representing the key segments of: Aluminium, Industrial Processes and Manufacturing, Steel and Alloys, Energy & Environmental Protection, Logistics & Industrial Facilities, Ports & Maritime Industries, Training for Industry and Industrial Safety & Security.
Over 100 companies from more than 16 countries participated in the seventh Gulf Industry Fair from 4th to 6th February 2014 at the Bahrain International Exhibition and Convention Centre (BIECC).