• Saudi king lays foundation for giant maritime complex

    $17bn BOOST FOR GDP
    Saudi Arabia’s King Salman bin Abdulaziz Al Saud yesterday laid the cornerstone for a commercial maritime project, that will add SR64 billion ($17 billion) to the kingdom’s GDP per year and create more than 80,000 job openings by 2030.

  • Moscow looks for Qatari investment


    Moscow is looking to invite Qatari investments in its transport infrastructure as well as other sectors like real estate, healthcare, hospitality, and tourism, said a high ranking official.

  • Next Geosolutions opens facility in Sharjah


    UK-based Next Geosolutions has launched a new multi purpose-built operational facility in the Hamriyah Free Zone of Sharjah (UAE), and a supporting business development and marketing office in Dubai.

  • IBS Software inks long-term deal with Asiana Airlines


    IBS Software, a leading aviation IT solutions provider, has signed a 10-year multi-million dollar contract with Asiana Airlines Cargo for the implementation of its cargo management solution.

  • King Salman inaugurates mega-projects Sadara and Satorp


    The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has inaugurated the Sadara Chemical Company (Sadara) and the Saudi Aramco Total Refining and Petrochemical Co (Satorp).

  • Cavotec wins $11.6m airport equipment deals


    Cavotec, a global engineering group, has won a number of orders, worth over €11 million ($11.67 million), for its innovative aircraft ground support systems for applications in Australia, China, Colombia, Germany, Italy and the US.

  • EGA employees celebrate UAE National Day


    Employees of UAE-based Emirates Global Aluminium (EGA), a leading aluminium producer in the Middle East, celebrated the 45th UAE National Day at a company-wide event today (December 1).

  • Sohar Port and Freezone organises safety exercise


    Sohar Port and Freezone in collaboration with Safety Region Rotterdam today (December 1) organised a health, safety, security and environment (HSSE) exercise inside the port’s Sohar Aluminium terminal.

  • Nakilat takes over ops of LNG carrier Al Ghuwairiya


    Nakilat, a Qatari LNG transport company, has assumed full ship management and operations of Q-Max LNG carrier Al Ghuwairiya from STASCo (Shell Trading and Shipping Company) with effect from December 1.

  • Grohe unveils latest collection at World Architecture Fest


    Grohe, one of the world’s leading manufacturers of premium sanitary fittings, showcased its latest collections at the World Architecture Festival (WAF) which was held recently in Berlin, Germany.

  • Kuwait completes construction of $1.7bn utility plant

    FULL COMMERCIAL OPS BEGIN
    Kuwait has completed the construction of its $1.7-billion Azzour North One plant, which can generate 10 per cent of the country's power needs at peak capacity (1,539 MW) and 20 per cent of water production (107 million gallons per day).

  • King Salman launches Ras Al-Khair mining project


    Mining projects and basic developmental infrastructure worth SR130 billion ($34.7 billion) were launched in Ras Al-Khair in the Eastern Region by Saudi Arabia's King Salman bin Abdulaziz Al Saud.

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Saudi king lays foundation for giant maritime complex

Saudi Arabia’s King Salman bin Abdulaziz Al Saud yesterday laid the cornerstone for a commercial maritime project, that will add SR64 billion ($17 billion) to the kingdom’s GDP per year and create more than 80,000 job openings by 2030....


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News & Features - December 2016

The Middle East will require additional power capacity of 267 gigawatts (GW) by 2030. This will take the region’s capacity to 509 GW, from 307 GW today, resulting...


Over the past 40 years, the industrial cities of Jubail and Yanbu in Saudi Arabia – run by the Royal Commission for Jubail and Yanbu (RCJY) –...


The industrial vehicles market is estimated to be $13.45 billion in 2016, and is projected to grow...




Low natural gas and electricity prices have created a tough competitive environment for renewable energy, but...


Global engineering group Cavotec has its hands full working on a number of projects across sectors ranging from airports to ports and maritime in the...


The Middle East and in specific, the GCC region, is expected to realise significant growth across its...




Sulzer will be one of the prominent exhibitors at Power-Gen International (December 13 to 15) in Orlando,...






Events
Sharjah to host SteelFab in January

Leading experts and regional steel fabricators will showcase their latest offerings at the upcoming 13th edition of...


Events Diary
Diary of Events

Menope 2016 November 29 to December 1 More than 140 companies from over 27 countries, including Saudi Arabia, UAE and Turkey, will participate at...


Statistics
Statistics

Bahrain origin goods export tops $342m THE value of national origin products exported from Bahrain was BD130 million ($342 million) in October, 88...








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