Latest news and articles about industry from NEX English
Khaled Hashem, the Minister of Industry, discussed with L'Oreal Egypt plans to enhance its investments and increase local components in manufacturing. The meeting also addressed boosting exports to meet the needs of regional and international markets.
The World Bank emphasizes the need to improve education quality and human resources as key factors to support industry in Indonesia. This statement was made by the bank's chief economist for the East Asia and Pacific region, who highlighted significant challenges facing basic education in the country.
Indonesia has commenced the construction of its first melamine plant in the Gresik Special Economic Zone, with an investment of up to <strong>$600 million</strong>. This project aims to enhance local industry and open new avenues for export.
The DKI Jakarta provincial government has called on all industrial sector players to actively participate in the 2026 Economic Census. This initiative aims to enhance the city's status as a global capital by gathering accurate data to support future economic planning.
Italy's industrial production fell by <strong>0.6%</strong> in January 2023, reflecting ongoing economic challenges. This decline occurs amid unstable economic conditions.
The Vice Chairman of the Trade Committee in the Indonesian Parliament, Nordin Halid, announced that the government's decision to keep subsidized fuel prices unchanged until 2026 will enhance the stability of the industry and the national economy. This decision comes amid increasing global economic challenges.
A leading robotics technology company has announced the launch of its new GEN-1 model, boasting a reliability of up to <strong>99%</strong> in task performance. This innovative model signifies a remarkable advancement in robotics technology and its ability to adapt to unexpected challenges.
The Ministry of Industry and Mineral Resources in Saudi Arabia has identified the challenges facing the growth and expansion of <strong>3,825 factories</strong> by <strong>2025</strong>. This initiative is part of the ministry's efforts to enhance the industrial sector and achieve sustainable development.
Malaysian Minister of Economy, Akram Nasrallah, announced that the Malaysian Vision Valley (MVV) project has surpassed 60% completion and is expected to finish this year after appointing a rescue contractor to overcome previous challenges.
The Indonesian Ministry of Agriculture has confirmed that developing the palm oil industry is a key strategy for boosting the national economy and achieving energy independence. As the largest producer of palm oil in the world, Indonesia aims to shift its exports from raw materials to value-added products.
The Egyptian government emphasizes that the industrial sector is a cornerstone for increasing exports and securing hard currency, highlighting its crucial role in supporting the national economy. These statements come as part of the government's efforts to enhance economic growth and achieve financial stability.
Japan's factory production saw a decline of <strong>2.1%</strong> in February 2023 compared to the previous month, according to government data. This drop aligns with market expectations, while manufacturers anticipate an increase in production in the coming months.
The crawfish processing industry in Louisiana is facing a severe crisis due to a shortage of foreign labor, threatening the sustainability of this vital sector. This issue reflects the challenges many American industries face amid economic and social changes.
Emirates Global Aluminium has announced its preliminary assessments of operations following Iranian attacks on its facilities. These attacks have significantly impacted the company's workflow and production.
Sources indicate that the restoration of the aluminum complex in Abu Dhabi could take up to <strong>12 months</strong> due to significant damage caused by unforeseen circumstances. This situation has impacted aluminum production in the region.
Emirates Global Aluminium anticipates a full recovery of primary aluminum production at the Al Taweelah site within 12 months following significant damage. This situation raises concerns about its impact on both regional and international markets.
Emirates Global Aluminium, the largest aluminum producer in the Middle East, announced that it may take up to a year to restore production at its Abu Dhabi facility following significant damage from an attack last week.
President Donald Trump has announced a reduction in tariffs on steel, aluminum, and copper products to boost local industry and stimulate the economy. This decision comes at a critical time for the U.S. economy, which is facing multiple challenges.
Iran has announced that resuming operations at a major steel plant could take up to a full year. This decision comes as the country faces significant economic challenges.
Manufacturing activity in Asia experienced notable growth in March, despite challenges from energy disruptions. Data indicates that this expansion reflects the resilience of the industrial sector in facing crises.
Irbid's industrial exports experienced a significant growth of <strong>10.5%</strong> in the first quarter of <strong>2026</strong>, reflecting the strength of the industrial sector in the region. This growth coincides with the Jordanian government's efforts to bolster the national economy.
Reports indicate a rise in attacks on energy and industrial infrastructure in Israel, revealing a widening economic damage. This situation coincides with a decline in official transparency, increasing the trust gap between the government and citizens.
The significant gap between global innovations and the Arab reality is evident, as tech leaders like Elon Musk operate in a world detached from the economic challenges faced by Arab countries. This article explores the implications of this divide on economic growth and competitiveness.
Economist Shahin Valih calls for a binding legal framework for European trade policies to prevent unhealthy competition between European and Chinese companies. This comes amid what is termed the 'second Chinese shock' threatening the European industry.
Saudi Arabia has announced the expansion of its economic relations with Brazil and Chile, aiming to enhance bilateral ties in the industrial and mining sectors. This initiative aligns with the Kingdom's Vision 2030 to promote economic diversification.
The Military Production Authority in Egypt has appointed Engineer Tarek Bakhit as Deputy Chairman and Managing Director. This decision aims to enhance administrative efficiency and improve performance within the authority.
The National Organization for Military Production in Egypt has appointed Tarik Bakhit as its Deputy Head. This move aims to enhance administrative efficiency and industrial development amid ongoing economic challenges.
Concerns are rising over a potential helium supply shortage due to ongoing conflicts in the Middle East. This shortage could significantly impact the technology and medical industries that rely on helium for various applications.
The Taiwanese Ministry of Economic Affairs announced it will not raise electricity prices for now, despite rising global energy costs due to the Middle East conflict, aiming to support industrial stability and competitiveness.
Wang Xiaogang, the head of Ace Robotics, unveiled the company's innovative AI model during a discussion at the Boao Forum for Asia. This announcement comes at a time of rapid development in the robotics and AI sector, raising questions about the future of the industry.