industry

Latest news and articles about industry from NEX English

Chinese startup aims to produce affordable robotic hands

LinkerBot, a Chinese startup founded by Zhou Yong, seeks to manufacture advanced robotic hands starting at $600, making them accessible to many. The company aims to set a standard in the field of human robotics and automated factories.

Reveal economic vision during tour in Rust Belt by Ro Khanna

U.S. Representative Ro Khanna unveiled his economic vision during a tour of the Rust Belt, raising questions about his potential presidential candidacy in 2028. Khanna focuses on revitalizing American industry and addressing economic challenges.

Arab Engineering Industries Reports 84% Profit Decline in 2025

Reports indicate that Arab Engineering Industries has experienced a significant profit decline of up to <strong>84%</strong> in 2025, raising concerns about the company's future amid current economic conditions.

Launch National Program to Develop Industrial Content Leaders

The UAE's Ministry of Industry and Advanced Technology has announced the launch of the national program 'Industrial Content Leaders' in collaboration with the Abdulla Al Ghurair Foundation for Education and IMI Academy. This initiative aims to enhance industrial content and develop essential skills in the sector.

Egypt Aims to Become a Regional Hub for Pharmaceutical Manufacturing

Egypt's Minister of Industry, Engineer Khaled Hashem, held a meeting with pharmaceutical industry leaders to discuss challenges and needs for enhancing the sector's export capacity. This meeting is part of the government's plan to transform Egypt into a regional center for pharmaceutical manufacturing and export.

New Investments in Saudi Factories Reach 76.1 Billion Riyals

The Saudi Ministry of Industry and Mineral Resources announced that investments in new factories have reached <strong>76.1 billion Riyals</strong>. These investments reflect the Kingdom's commitment to enhancing the industrial sector and achieving the goals of Vision 2030.

Abu Dhabi Launches 115 New Factories to Boost Industry

Abu Dhabi has announced the launch of 115 new factories in 2025, which will contribute an estimated <strong>$92.6 million</strong> to the local GDP. This initiative reflects the emirate's strong investment direction and enhances its competitive capacity.

Launch the Fifth Edition of 'Made in the UAE' Forum in Abu Dhabi

The fifth edition of the 'Made in the UAE' Forum has commenced in Abu Dhabi, featuring the participation of the Minister of Industry and Trade. This prominent event aims to enhance national industry by bringing together business leaders and decision-makers to discuss the future of the sector.

Highlight Structural Imbalances in Egyptian Economy

The Deputy Speaker of the Egyptian Parliament has stated that the national economy is facing significant structural challenges, describing it as 'semi-rural.' He noted that investments are increasingly shifting towards the real estate sector instead of industry.

Conduct Awareness Session on Workplace Safety in Irbid

The Irbid Labor Directorate, in collaboration with the Irbid Industry Association, held an awareness session aimed at enhancing understanding of workplace safety. The session saw wide participation from employers and workers.

Update Database for Gamasa Industrial Zone to Enhance Performance

Authorities have issued directives for a comprehensive update of the database in the Gamasa industrial zone to improve performance and streamline procedures. This decision is part of the government's efforts to enhance industrial infrastructure in Egypt.

Launch 'Make in the UAE 2026' with 120,000 Visitors Expected

Today marks the start of the fifth edition of 'Make in the UAE 2026' at the ADNEC center in Abu Dhabi, expecting to attract over <strong>120,000 visitors</strong>. Under the slogan 'Advanced Industry. We Show Stronger', this edition is the largest in the platform's history.

Achieve 111 Million Dinars in Net Profits in Q1

The Jordanian Phosphate Company announced a net profit of <strong>111 million dinars</strong> in the first quarter of this year, reflecting strong market performance. This result demonstrates the company's success in boosting sales and increasing its market share.

Achieve industrial contribution to GDP of 502 billion Saudi Riyals

Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Al-Khorayef, announced that 2025 marked unprecedented achievements in the industrial and mining sectors, with industrial contributions reaching <strong>502 billion Riyals</strong>.

Achieve net profits exceeding 111 million dinars in Q1 2026

The Jordan Phosphate Company announced a net profit of <strong>111.026 million dinars</strong> after tax for the first quarter of 2026, reflecting strong financial performance. This result highlights a positive trend in the phosphate market.

Open HVAC-R EGYPT EXPO – ASHRAE CAIRO Next Monday

Engineer Khaled Hashem, Minister of Industry, will inaugurate the tenth edition of the HVAC-R EGYPT EXPO – ASHRAE CAIRO next Monday. The event will take place at the Egypt International Exhibition Center from May 4 to 6 and is considered one of the most significant events in the field.

Forecast Future of Copper and Its Impact on Global Economy

As global economic changes unfold, questions about the future of copper are increasing. Experts indicate that rising demand for this metal may contribute to price increases.

Transform Ras Al Khaimah into an Industrial Powerhouse in UAE

Sheikh Rashid bin Saeed Al Maktoum announced the transformation of Ras Al Khaimah into a major industrial hub in the UAE, enhancing its exports and economic growth. This announcement comes as the emirate experiences a significant increase in industrial investments.

New Projects in Indonesia Create 600,000 Job Opportunities

Indonesian Investment Minister Rosan Pankrasada announced that new projects aimed at boosting local industries will create approximately <strong>600,000 job opportunities</strong>. This initiative is part of the government's efforts to strengthen the national economy.

Launch New Regulations to Simplify Industrial Activity Changes in Egypt

The Egyptian Ministry of Industry has announced new regulations aimed at simplifying the procedures for changing and adding industrial activities. This initiative is part of efforts to improve the business environment and enhance investment in the industrial sector.

Indonesia Exempts Import Duties on Liquefied Petroleum Gas

The Indonesian Ministry of Industry has announced the exemption of liquefied petroleum gas (LPG) from import duties, a positive step to support the country's petrochemical sector. This decision comes amid a growing need for plastic raw materials.

Iran Imposes Comprehensive Ban on Steel Exports

Iran has announced a comprehensive ban on steel exports as part of efforts to boost domestic production and reduce reliance on imports. This decision comes amid significant economic challenges faced by the country due to ongoing sanctions.

Address Complex Challenges of Critical Mineral Supply Chains

The Saudi Minister of Industry emphasized that the challenges surrounding critical mineral supply chains are complex and cannot be addressed through individual solutions. He highlighted the importance of international cooperation among countries and companies to ensure sustainability in this sector.

Sherwin-Williams Sales Surge to Highest Rate in Three Years

Sherwin-Williams has reported a significant increase in sales, marking the highest growth rate since 2023. This surge is attributed to strong demand in the industrial sector, alongside favorable currency exchange effects, despite a decline in the DIY market in North America.

Minister of Investment Meets Arab Group to Enhance Industrial Expansion

Dr. Mohamed Farid, Minister of Investment, met with the Arab Group to discuss plans for industrial expansion and increasing local components. The meeting addressed challenges facing national industrial entities and ways to support national investment.

Iran Bans Iron Exports Following Israeli Attacks on Industry

Iran has announced a ban on iron product exports after its industry was heavily targeted by US-Israeli airstrikes. The decision, effective from April 26, follows the destruction of 70% of the country's iron production capacity.

Showcase over 1100 companies at 'Made in the UAE 2026'

The 'Made in the UAE 2026' exhibition is set to welcome over <strong>1100 companies</strong>, reflecting the UAE's commitment to boosting local production. This event aims to support national industries and foster innovation.

Highlight Importance of Electricity Connectivity to Boost Industry in Indonesia

PT PLN (Persero) emphasized the need to enhance industry in Indonesia through electricity connectivity using renewable energy. This was discussed during a public forum in Jakarta, where officials pointed out the challenges and opportunities available.

General Ceramics Products Report 40% Loss Amid Revenue Decline

General Ceramics Products has reported a significant increase in losses by <strong>40%</strong> over the past nine months, alongside a notable decline in revenues. These developments highlight the substantial challenges the company faces in the current economic climate.

Dismiss Tunisian Industry Minister Fatma Thabet by Kais Saied

Tunisian President Kais Saied has dismissed Industry, Mines, and Energy Minister Fatma Thabet from her position, appointing Salah Eddine Zouari as the interim minister. This decision comes after more than two years of Thabet's tenure.