The project cost $3m (AED11m) and will contribute to more than 80% of savings in annual energy consumption.... Read more »
Posted on : 9/21/2020
The additive manufacturing and 3D printing sector in the UAE is estimated to increase three times every year to reach AED2.2 billion ($598.97 million) by 2025. It is predicted that the sector will add AED11 billion to the UAE’s GDP by 2028, contributing to over 1.0% of the GDP and producing around 3% of the 3D-printing global market share..... Read more »
Posted on : 9/17/2020
The Organisation of Petroleum Exporting Countries (Opec) all set to meet the upcoming challenges it will face as it enters the next six decades of its history, said the Vienna-based organization on the occasion of its 60th anniversary..... Read more »
Posted on : 9/15/2020
Oxford Flow, the flow control equipment specialist for oil, gas, water and industrial process industries, has opened its new manufacturing facility in Oxford to fuel its ambitious growth plans..... Read more »
The demand for wood, wood products and the woodworking industry is expected to grow further due to the ongoing construction projects. The wood and woodworking machinery industry will be impacted by the massive construction projects in upcoming years. Over the next two years the wood industry in the UAE is expected to grow strong..... Read more »
Posted on : 9/11/2020
Dubai Investments, one of the best diversified investments company, has introduced the completion of the replacement of metal halide lamps with LED lights across the factory premises of its wholly-owned subsidiary Emirates Float Glass (EFG)..... Read more »
Posted on : 8/28/2020
The Sharjah Chamber of Commerce & Industry (SCCI) has recently launched the Sadder (export) Fund, the first of kind fund across the Emirate Sharjah for export operations..... Read more »
Posted on : 8/27/2020
Enoc Group has recently won the coveted 2020 Energy Management Insight Award by Clean Energy Ministerial, a global forum of 25 countries and the European Commission designed to promote sustainable policies and programmes to advance clean energy..... Read more »
Posted on : 8/26/2020
Weir Oil & Gas Dubai has endorsed a three-year agreement for servicing and repairing pumps and motors with a UAE national oil company. The contract guarantees the provision of Weir Oil & Gas Rotating Equipment services, machine shop services, emergency manufacturing and site works..... Read more »
Over the course of this month, oil prices stabilized at a rather convenient $40-$45 a barrel compared to five months ago, when they were below $16 and created complex conditions for oil-producing countries..... Read more »