From 2007 to 2017 the UAE’s industrial sector grew by approximately 31%. According to consultancy Oxford Economics, it is set to grow marginally faster — by another 34% — in the 10 years leading to 2027. At the emirate level, Dubai’s industrial sector has likewise emerged as a major driver of growth; the sector in Dubai grew by 6% annually in the ten years to 2017 and this rate of expansion is...
The Middle East Industry
Displaying 175 - 180 of 734
Near-term sentiment is on the rise among Dubai’s business leaders, with the IMF forecasting a healthy GDP growth rate of 4.2% in 2019 for the emirate. While not as exposed as some of its regional neighbours to the effects of fluctuating commodities prices in recent times, Dubai nevertheless stands to benefit from the knock-on effects of higher prices over the last year.
Enhanced capacity at Bahrain’s largest industrial facility is set to boost downstream manufacturing opportunities and increase industry’s share of GDP.
Articles & Analysis | Aluminium production expands and exports grow in Bahrain despite imposition of US trade tariffs from The Report: Bahrain 2019
Bahrain is a major player in global aluminium production, and the sector in turn dominates industrial activity and is one of the largest sources of export revenue. The industry’s economic contribution is set to rise further, with a major expansion project at the kingdom’s state-owned aluminium manufacturer due to come on-stream soon, raising...
Interviews & Viewpoints | Tim Murray, CEO, Alba: Interview from The Report: Bahrain 2019
What effects do you expect expansion to have on sustainability and five-year growth projections?
Articles & Analysis | Bahrain sets sights on becoming regional centre for innovation from The Report: Bahrain 2019
Recent years have seen increasing signs of the emergence of what has been dubbed a Fourth Industrial Revolution (4IR), also known as Industry 4.0. This revolution relies on machine-to-machine communication, also sometimes known as the internet of things (IoT), 3D printing and artificial intelligence.