Baytik Industrial Investments (BII), a wholly-owned subsidiary of Kuwait Finance House - Bahrain (KFH-Bahrain), has announced it has signed an agreement with Siemens WLL Bahrain.
Local SMEs from manufacturing and services sectors are strengthening their export activities via the Export Assistance Programme (EAP), a financial assistance service provided to companies aiming to increase opportunities and demand outside the UAE for their products.
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.
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 announced a joint venture with SupplyCore Middle East to provide on-site hydrogen generation and control solutions to Saudi Arabia and the region.