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Stats Group pumps $5m into Middle East pipeline operations

Scotland-headquartered pipeline engineering specialist Stats Group has decided to invest $5m into its Middle East operations to accelerate its expansion in the region, Scotsman has reported. The firm has appointed Angus Bowie as its regional director for the Middle East and North Africa (Mena) to be based in Abu Dhabi where he will oversee the opening of new workshop and warehousing facilities and recruiting staff. The region is expected to contribute 30% of this year's £20m forecasted turnover, said Stats Group's chief executive, Pete Duguid.