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GCC fertiliser exports grow amidst trade tensions

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 Insights

16-Sep-18 Fertiliser exports from the Gulf Cooperation Council region reached 20 mn tonnes in 2017, growing by 5.3% year-on-year and at a 6% 10-year CAGR. India, Brazil and the United States were the top three export markets. [image: Projects MENA]

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PPG to build new paint, coatings center in China

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 Insights

10-Sep-18 PPG has acquired land in Tianjin, China, where it plans to build a new, state-of-the-art paint and coatings R&D centre. The facility, which will be located in the Tianjin Economic and Technology Development Area, will be completed in 2021. [image: Body Shop Business]

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Dubai wealth fund ICD launches new logistics firm

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 Insights

05-Sep-18 ISS Global Forwarding has been set up by Investment Corporation of Dubai, and will invest in the Middle East, Africa, Europe and India, later expanding to Asia and China. The company will focus on freight forwarding and contract logistics. [image: Arabian Business]

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China gets another shot at Mideast energy

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 Insights

29-Aug-18 US sanctions on Iran have presented new opportunities for Chinese companies, after Total failed to secure an exemption for its investment in South Pars. China’s demand for oil almost doubled in the past decade and natural gas is booming. [image: Bloomberg]

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