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Wednesday, February 10 - 2010

Manufacturing and Industry

Find out about the latest news and developments in manufacturing and industry and discover how they affect your business and the Middle Eastern economy.

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Mideast polyethylene production to grow

Middle East: 17 hours, 56 minutes ago
A new report by Global Markets Direct estimates that polyethylene production capacity in the Middle East will increase by 11.5m tonnes by 2015. The 'Future of the Polyethylene Industry to 2015' report forecasts Saudi Arabia will add more than 4m tonnes of capacity by 2015, while Iran will add in excess of 5m tonnes. Qatar will add 2m tonnes of new capacity. 'Feedstock cost advantages and the need to diversify the region's export basket from crude oil and natural gas are the main drivers of large capacity additions in the region,' the report said.

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Emirates Float Glass to host regional glass industry leaders' gathering in Abu Dhabi

United Arab Emirates: 13 hours, 50 minutes ago
Emirates Float Glass (EFG), the largest integrated glass processing facility in the UAE and a subsidiary of Glass LLC, which is wholly owned by Dubai Investments PJSC, will host the annual meet of the Gulf chapter of Glass and Glazing Federation (GGF), the UK-based global trade association representing the glass industry, on Wednesday, February 10, 2010.

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Analysis

Make sure to do due diligence when buying a business

Things to look for when buying a business

Middle East: Wednesday, October 14 - 2009 at 16:13
Buying a business is not as straightforward as simply identifying the sector you wish to buy into and then watching the money roll in. There are a myriad checks that should be carried out as well as the more practical decisions concerning suitability of the business and its long terms viability.