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Industries

Industries

Growth reports, trends and breakthroughs

1874
As physical temperatures rise for the summer, so does the heated climate of OPEC and the International Energy Agency.  After production halted in Libya...

1892
The makers of Guarana, Brazil’s second most popular soft drink after only Coca-Cola, are trying to bring production of the drink to the Middle...

1908
Abu Dhabi Commercial Bank is selling a 25% stake in Malaysian bank RHB Capital.  It is valued at about $1.6 billion.  They will announce...

2204
Saudi Arabia’s SABIC (the Saudi Basic Industry Corp) has announced the next step in their partnership with China’s SINOTEP (China Petroleum & Chemical Corp). ...

1866
Dubai’s largest bank has announced that it will be offering a debt swap to investors in an effort to bolster capital adequacy.  Emirates NBD...

1730
Saudi Arabia is launching a joint private and public sector operation to regulate mortgages in the country.  There is no clear system for doing...

2017
After unveiling Malaysia’s plan to become a green, developed economy by 2020, Prime Minister Najib Razak said that the palm oil industry would play...

2072
Al Masah Capital of the UAE has announced that its subsidiary Al Aseel Investments will be purchasing up to 20 health-care facilities across the...

1998
As Saudi Arabia’s population ages and requires more trained medical staff, an expected 7,000 medical professionals will be needed within the next 10 years. ...

2233
Saudi Arabian petrochemical corporation SABIC has announced another joint venture with Chinese company Sinopec. They plan on partnering on a massive polycarbonate plant that...

2122
Bloomberg Markets has released their latest data on the strongest banks in the world, and Singapore’s OCBC (Overseas-Chinese Banking Corp) leads the list.  The...

1948
According to Citibank’s chief economist for the Middle East, Qatar is unlikely to reap any economic benefit from hosting the 2022 World Cup.  After...

2368
While delivering an address at the Oxford Centre for Islamic Studies in London, Malaysian Prime Minister Datuk Seri Najib Razak touted the benefits of...

1924
IPIC (The International Petroleum Investment Company) revealed in recently disclosed financial statements that the Abu Dhabi government-backed corporation posted a 65% decrease in profits...

1606
In order to protect he interests of investors, the Dubai government has taken over Dubai Bank from its parent company, Dubai Holdings.  It’s estimated...

1926
Singapore is looking to overtake Hong Kong as the capital of international fund management.  With $1.1 trillion in assets, up 13% from last year,...

2338
Petronas, the state-run Malaysian petrochemical company, has announced Johor to be the site of their new $20 billion crude-oil refinery. The new complex will...

1938
Brazilian exports to Arab countries are at an all-time high, due mainly to food exports.  Middle Eastern countries bought $4.1 billion worth of goods...