Middle East > Manufacturing

Manufacturing in Middle East

  • Iran manufactures its first VTOL drone

    IRAN, 2016/08/28 Iranian army unveiled the country’s initial homemade vertical take-off and landing (VTOL) drone on August 27, during a ceremony attended by Defense Minister Hossein Dehghan. The drone dubbed "Roham", which is capable of photogrammetric data acquisition, does not require a runway for take-off and landing, Tasnim news agency reported on August 27. It can be used in hard areas in mountainous and jungle terrain inclunding maritime missions to conduct aerial surveys.
  • Iranian, French carmakers enter joint venture deal

    IRAN, 2016/07/24 Iranian automaker SAIPA on Thursday signed a joint venture transaction with French carmaker PSA Peugeot Citroën to build and sell vehicles for its Citroen brand in the country, IRNA reported. Chief Executive Officer of SAIPA Mehdi Jamali and Seyyed Mohmmad Ali Seyyed Abrishami an official from the Iranian automotive group inked the transaction in the presence of Iran's Minister of Industries, Mines, and Trade Mohammad Reza Nematzadeh.
  • Ganja Automobile Plant to assemble 1,400 tractors, 300 trucks in 2014

    AZERBAIJAN, 2014/10/10 Ganja Automobile Plant will assemble 1,400 tractors and 300 trucks for communal waste removal in 2014. The plant, located in Azerbaijan's second major city, is engaged in the assembling of Minsk tractors and trucks. Currently, Ganja Automobile Plant is assembling 6-7 tractors, 3 MAZ automobiles and other machineries per day. The plant as well produces tractor trailers, communal machinery, and snow removal equipment. The assembly of communal machinery is conducted as part of an agreement concluded with the German Haller Company.
  • turkey's manufacturing sector continued to grow last month

    TURKEY, 2014/01/05 urkey's manufacturing sector continued to grow last month despite losing momentum, while eurozone manufacturing grew at its fastest rate since mid-2011, daily Hurriyet reports quoting a survey released yesterday. Markit's Turkey Manufacturing Purchasing Managers Index (PMI) data dropped to 53.5 in December from a 32-month high of 55 of November, signaling a slight slowdown in the increase rate. However, any reading above 50 indicates that both output and new orders are expanding. Turkey's manufacturing companies reported a further rise in production in December 2013.