The Arab world should embrace industrialisation to address the growing problem of unemployment in the region, according to industry leaders who participated in the session How can the Arab world become a Global Manufacturing Hub, held recently as part of the Global Arab Business Meeting in Ras Al Khaimah.
Manufacturing
Zamil demonstrates its capabilities
Zamil Steel Industries has demonstrated the advanced capabilities of its new steel plates rolling machine by performing a cold rolled bending of steel plates of 180mm thickness.
Proton Energy Systems announces joint venture
Proton Energy Systems announced a joint venture with SupplyCore Middle East to provide on-site hydrogen generation and control solutions to Saudi Arabia and the region.
ABB system helps cut water leaks in Saudi Arabia
ABB FlowMaster flowmeters are helping the Saudi Arabian capital, Riyadh, to cut leakage in the water distribution network by around 40 per cent.
Emirates Steel Industries in US$1.1bn finance deal
Al Khalij commercial Bank (Al Khaliji) Q.S.C and its subsidiary, Al Khaliji France S.A have announced their participation in a US$1.1bn, seven-year financing deal for Abu Dhabis Emirates Steel Industries (ESI).