ABU DHABI, UAE - Abu Dhabi Department of Economic Development (ADDED) has partnered with Valeo to develop the automotive industry here by establishing a technology hub to manufacture autonomous and electric car components in the emirate. The hub will develop industrial solutions to support local electric car startups in Abu...
DEWA implements SAP’s Audit Management System
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has implemented the SAP Audit Management System (TAWKEED), becoming the first integrated utility in the Middle East and Africa (MEA) region to implement this best-in class solution. TAWKEED is used for risk-based audit planning, planning individual audit engagement, communicating results to...
US says solar firms evading tariffs on China-made goods
Washington, United States—The US Commerce Department on Friday accused several solar companies of evading American tariffs on imports of China-made components, findings that could add to tensions between Beijing and Washington. The department has been investigating claims that certain manufacturers of solar cells and modules went around antidumping and countervailing duties...
Aircraft orders drive US manufactured goods demand
A pick-up in aircraft orders boosted demand for big-ticket US manufactured goods in October, with numbers rising more than expected, government data showed. Durable goods orders rose one percent to $277.4 billion last month, up from a revised 0.3 percent bump in September, the Commerce Department reported. Transportation equipment led...
SAMI of KSA and a French firm set up a joint venture
The Saudi Arabian Military Industries, a subsidiary of the Public Investment Fund, launched a joint venture with French company Figeac Aero to produce aerostructure components in the kingdom.
