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Saudi fleet operators visit FUSO factory in Chennai

  Emirates Business Saudi Arabia’s largest fleet customers recently visited the FUSO factory in Chennai with Al Habtoor Motors. The event was a great opportunity for Saudi fleet operators to meet, interact and share their ideas with other industry colleagues and learn best practice. The customers saw the outstanding build quality of FUSO trucks in this brand new manufacturing facility. ...

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Egyptian food giant to raise prices

  Reuters Edita Food Industries, one of Egypt’s largest food producers, will raise the prices of some of its products and also increase workers’ pay after the massive devaluation of the Egyptian pound, its chairman said. The company’s decisions point to challenges faced by firms around the country in the wake of the devaluation, which is expected to trigger a ...

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Vestas Wind slumps after weaker 2017 outlook

  Bloomberg Vestas Wind Systems A/S slumped after Chief Executive Officer Anders Runevad said growth may slow next year after third-quarter results were strong enough to boost his outlook for this year. Runevad said 2016 will be an “extraordinary year” for the Danish manufacturer of wind turbines and that sales are likely to slump in the US in 2017, the ...

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