Del Monte Foods sells consumer products business

Philippines-based Del Monte Pacific Limited will acquire the business for $1.675 billion, whilst Del Monte Foods will focus on capturing growth in the pet food and snack market.

Fi Europe announces nominees for Excellence Awards

Leading companies have been selected for their innovative solutions in eight categories. Winners will be announced on 19 November.

MENA M2M market seen at over USD2 bn by 2016

By 2020, the connection of a car with its environment will be significantly strengthened and thus become an important feature for differentiation in the competition of automobile manufacturers (OEMs).

Morocco, Libya boost co-operation

A three-day visit to Morocco by Libyan Prime Minister Ali Zidan wrapped up on Tuesday (October 8th) with plans for new partnerships in health, education, training, security and other sectors.

Saudi SMEs have key role in GE supply chain

Underlining the significant role that local enterprises play in contributing to a robust supply chain, Saudi Aramco Entrepreneurship Center (Wa'ed) and GE organised a Saudi Supplier Conference to strengthen the participation of local entities in the Kingdom's manufacturing and service sectors, and to create jobs for skilled and enterprising Saudi youth.

100% foreign ownership in Duqm zone

The Special Economic Zone Authority at Duqm (SEZAD), set to be the largest development of its kind in the Middle East and North Africa (MENA), and among the biggest globally, is committed to making it attractive and convenient for foreign investors to set up operations in this emerging industrial and maritime hub.

Chamber plans new industrial parks in Jeddah

The Jeddah Chamber of Commerce and Industry (JCCI) has helped secure land for two more industrial parks in the city, a member of its award-winning industrial committee said here recently.

K 2013: Celanese to launch next generation UHMW-PE with breakthrough technology

Celanese Corp. is expected to announce a step change in materials performance and processing efficiencies via its next generation GUR? UHMW-PE.

Dow sells PP licensing business to W.R. Grace for $500 million

As part of its divestment agenda of over $1.5 billion, Dow Chemical sells its Licensing & Catalysts business for $500 million to W.R. Grace & Co.

Tumbling Indonesian tin exports could short-circuit electronics industry

Infrastructure spending surges to boost world trade

Toshiba appoints Malaysia data centre distributor

Toshiba Asia Pacific appoints ADC Power Concept as Malaysian distributor for modular data centres