VIENNA: The Organisation of the Petroleum Exporting Countries (OPEC) has reported that the UAE’s economy continues to grow strongly, especially in non-oil sectors like real estate, tourism, and manufacturing. In the August 2024 Monthly Oil Market Report (MOMR), OPEC highlighted a slight rise in the costs of housing, water, electricity, gas, and other fuels. These […]
DUBAI: Hotpack, the UAE-based global leader in disposable packaging products manufacturing, has signed an agreement with Maxbyte, an industrial digital, robotics, and training solutions provider to digitize all 15 of its factories in the UAE and other countries. With the contract, Maxbyte will work as a strategic partner to help Hotpack achieve Industry 4.0 transformation […]
The lockdowns caused by the pandemic were devastating for the garment manufacturing industry. However, during this same period, Fashinza, a global B2B manufacturing marketplace, has grown by over 2000% despite Covid-19 disrupting the global apparel supply chain. Fashinza was started to help small and medium-sized, ethical factories connect with global demand and throughout the pandemic, […]
