Industry News

Crude Oil Prices Likely to Jump to USD55 per barrel

The increase in crude oil prices would significantly enhance the drilling and production activities resulting in the growth of Iran oilfield service market in the coming years

AimBrain Partnered with NOW Money Smartphone App to Provide Biometric Authentication Solution

NOW Money Smartphone App to use facial and behavioural authentication to improvise mobile wallet services

Global Rubber Industries acquires Leffler Industrial Tires & Kentucky Industrial Tire

GRI recently acquired Leffler Industrial Tires & Kentucky Industrial Tire based in United States to expand its distribution network

BMW partners with Vector to introduce special edition of Smartwatch

Vector Luna Smartwatch BMWi edition to get sync with car giants all-electric i3 & i8 motors.

AAF Europe Acquires Dinair of Sweden

European subsidiary of AAF International acquired Dinair, a Sweden based air filter manufacturer

Bahrain's Bin Faqeeh launches luxury real estate project

Bahrain’s leading real estate firm, Bin Faqeeh, to launch a luxury real estate project worth USD225 Million

The global Electric Vehicle infrastructure market is set to expand by the end of 2021

Increasing focus on development of electric vehicles by automotive companies will lead to surge in demand of electric vehicle infrastructure

TBC Corporation expands its Tire Portfolio in United States

TBC has introduced its new tire lines under its Sailun brand name

Vision-Box Partnered with ATEA to Provide Enrolment Solutions to Regitra

Regitra to use integrated biometric solution for issuing driving licences provided by Vision-Box & ATEA

Emmar Properties, Saudi SWF to launch USD1 billion e-commerce platform in Middle East

Emirati business giant Emaar Properties to venture into e-commerce by investing USD1 billion in a joint venture with the Saudi Sovereign Wealth Fund and other Gulf Investors.

Jaguar Unravel Prospects in Thailand Market

The British carmaker is expanding its reachness within Thailand, considering the growing potential of the market

Iran overtakes Saudi to becomes India's top crude oil supplier

Iran was India’s second biggest crude oil supplier after Saudi Arabia and has for the first-time surpassed Saudi Arabia to become India's top crude oil supplier.

Total and Corbion Entered a JV For Bioplastics

Total and Corbion have created a 50/50 joint venture for the production and marketing of bioplastics

BASF to Expand MDI Production Capacity in North America

BASF kick starts expansion of its methylene diphenyl diisocyanate (MDI) unit at Geismar, Louisiana.

Videotex International to Sign Partnership forum with Usha Shriram Enterprises

Videotex International to manufacture LED Televisions and Multimedia Speakers in Greater Noida for Usha Shriram Enterprises in India

Power Grid Corporation of India Limited Awarded Contract Worth USD37.31 Million

The project would surge the demand for Power & Distribution transformers in India

Reliance Group Launches IoT Services under Venture Known as UNLIMIT

Anil Ambani-led Reliance Group launched UNLIMIT, an independent unit for IoT Services in partnership with Cisco Jasper

Self-Driving Cars in Testing Phase in South Korea

Autonomous cars to debut soon in the country

General Electric Plans to Divest Water Treatment Business Unit by 2017

General Electric plans to divest its water treatment business by 2017 for expansion of oil services business of the company

Organic Farming Land in US Reaches Record 4.1 Million Acres

Organic farming land in United States has reached to 4.1 million acres in 2016 with an 11 percent increase as compared to 2014.