Middle East manufacturing prospers


As the downturn deepens and financial trauma affects industry, encouraging news for the gases industry emerges from the Middle East, where the manufacturing sector is positively thriving.

Industrial capital in UAE manufacturing exceeds $20bn while the manufacturing investment in Dubai swells to $4.6bn, showing the contribution to UAE GDP is second only to oil & gas.

According to a report from The Khaleej Times, the UAE is investing heavily in its industrial manufacturing sector.

This is said to be stimulated by the need to diversify the economy and booming economic growth, which is fuelling demand for finished products and materials according to official figures released by the Ministry of Finance and Industry.

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