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Magnum Technology Centre opens UAE’s 2nd production facility at Hamriyah Free Zone
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Magnum Technology Centre opens UAE’s 2nd production facility at Hamriyah Free Zone

SHARJAH, 25th September, 2022 (WAM) — Magnum Technology Centre (MTC), a world leader in the design and manufacture of entire equipment packages for well testing and production, Managed Pressure Drilling and Under Balance Drilling services, has inaugurated a new 345,000 sq. ft. production facility in the Hamriyah Free Zone. The new factory is set to...

EU sold production of chemicals increases, reaches €769 billion in 2021
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EU sold production of chemicals increases, reaches €769 billion in 2021

BRUSSELS, 24th September, 2022 (WAM) — Between 2011 and 2021, the total sold production of chemicals in the EU increased by €232 billion in terms of value, reaching a peak of €769 billion in 2021, following strong growth between 2019 and 2020 from €626 billion to €768 billion, according to Eurostat, the statistical office of...

The US wants to become a hydrogen production powerhouse
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The US wants to become a hydrogen production powerhouse

One of the world’s first plants for the production of green hydrogen in Wesseling, Germany, on July 2nd, 2021. | Photo by INA FASSBENDER/AFP via Getty Images Ramping up production of hydrogen fuel is now a high priority for the Biden administration as it tries to put an end to the fossil fuel pollution causing...

Fisker to sell electric SUV in India with view to local production By Reuters
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Fisker to sell electric SUV in India with view to local production By Reuters

5/5 © Reuters. FILE PHOTO: Fisker CEO Henrik Fisker unveils the Fisker Ocean during the 2021 LA Auto Show in Los Angeles, California, U.S. November, 17, 2021. REUTERS/Mike Blake 2/5 By Aditi Shah NEW DELHI (Reuters) – U.S. startup Fisker Inc will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July and...

Tesla completes production capacity expansion at Shanghai plant – Shanghai govt By Reuters
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Tesla completes production capacity expansion at Shanghai plant – Shanghai govt By Reuters

© Reuters. A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – Tesla (NASDAQ:) completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies’ environmental information disclosures. Tesla will test the...

World Green Economy Summit to discuss global food security, role of food production and agriculture sector in achieving net zero future
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World Green Economy Summit to discuss global food security, role of food production and agriculture sector in achieving net zero future

Sat 17-09-2022 13:33 PM DUBAI, 17th September, 2022 (WAM) — The 8th World Green Economy Summit (WGES) will explore ways to improve global food security, sustainability of the food systems and the contribution of the agriculture and food production sectors to achieve a net zero future. The Summit, which is organised by Dubai Electricity and...

NEOM Media Village Opened Officially. 40%+ Cash Rebate Production Incentive Announced
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NEOM Media Village Opened Officially. 40%+ Cash Rebate Production Incentive Announced

NEOM — NEOM, the sustainable northwestern city in Saudi Arabia, has formally announced on Wednesday the operational opening of NEOM Media Village and the Bajdah Desert Studios. We’re excited to announce that NEOM Media Village and Bajdah Desert Studios are now open. 🎉 The best-in-class production hub offers a 40%+ cash rebate scheme for film,...