Turkey’s industrial pumps market to reach US$814M in 2017

New analysis from Frost & Sullivan, "Analysis of the Industrial Pumps Market in Turkey," finds that the market earned revenues of US$478 million in 2012 and estimates this to reach US$814 million in 2017.

Iran lead, zinc production rises

Iran produced 80,700 tonnes of lead and zinc during March 21-Sept. 22, 2013, indicating a 3.5% rise compared with the corresponding figure of last year. About 14,400 tonnes of lead and zinc ingots were produced during August 23-Sept. 22, while the figure stood at 14,000 tonnes in the same period of last year.

KSA’s non-oil sector to drive growth in 2013-14

QNB Group published its Kingdom of Saudi Arabia Economic Insight 2013 report. The report looks at recent macroeconomic developments and presents QNB Group revised forecast of key economic indicators for 2013-14.

UAE leads the way in energy transition

The UAE’s Undersecretary of Energy, His Excellency Dr. Matar Al Niyadi, said the UAE is a leader in energy diversification and that its robust and diverse energy policy would ensure the country remains attractive for foreign investment and continues to support future economic development.

Senaat, Ducab form aluminium joint venture

Senaat (General Holding Corporation) and Ducab on Wednesday announced the formation of joint venture ‘Ducab Aluminium’, according to a joint statement.

South Africa, Poland to strengthen cooperation

South Africa and Poland signed an Economic Cooperation Agreement to strengthen and further develop economic cooperation existing between the two countries, on the principle of reciprocity and mutually beneficial basis.

SA, Angola to monitor progress on bilateral deal

With the growing bilateral and trade relations between South Africa and Angola, the two countries have resolved to establish a mid-review mechanism. To meet twice a year, the mid-review mechanism will be used to assess progress in the implementation of agreements and make the necessary follow-up and interventions.

ADPC, EMAL sign ten years export logistics pact

The volume of exported metal will grow gradually from 600,000 metric tonnes in 2014 to 750,000 in 2015 onwards. The signed agreement covers all of the handling operations and transport logistics for the finished products from EMAL’s site to the container freight station and export terminal at Khalifa Port.

AfDB reports shale gas production opportunities in Africa

Several African countries have potentially viable shale gas deposits, which, if developed, could lead to lower gas prices, increased consumption of natural gas, reduced greenhouse gas emissions from power generation and substantial economic benefits to producer countries, finds a report launched by the African Development Bank (AfDB) (www.afdb.org).

Closing of live poultry markets is called effective in flu fight

Joint work on hemodialysis machine for home care

Debiotech and AWAK enter into joint agreement to develop and manufacture a novel miniaturized hemodialysis machine

Russian firms eager to raise trade with South Africa