UAE Review
March 2014

New optimism prevails in the UAE as the economy continues to rebuild after the 2008 downturn with the industrial sector making strong strides and the construction industry invigorated with a new wave of investments that will gather pace as the 2020 World Expo approaches.






March 2014

The status of the Middle East aluminium industry, already a rapidly growing hub in the global sector, is set to be unequivocally strengthened through the advent in early 2014 of a new major player.






March 2014

Mabani Steel, designer, fabricator and erector of pre-engineered steel buildings (PEBs) and hot rolled structural steel (HRSS) with an annual production capacity of 120,000 tonnes, says 2013 was a strong year for the company with export markets accounting for 60 per cent of total sales in volume.






March 2014

Emirates Steel, a Senaat portfolio company, saw revenues reach Dh6.5 billion ($1.8 billion) last year, up nearly 8 per cent compared with 2012, notwithstanding difficult market conditions marked by sluggish demand across the global steel industry, excess steelmaking capacity in world markets and continuing volatility in raw material costs.






March 2014

Dubai World Central (DWC), the world’s first purpose-built aerotropolis, has announced it has signed a new deal with Falcon Aviation Services, the Abu Dhabi-based VVIP jet and helicopter service provider, to open the first VVIP aircraft completion centre in the Middle East at the Aviation District in Dubai World Central.






March 2014

Globe Express Services (GES) has seen gross revenues for its UAE operations surge 27 per cent over the last year. The company, one of the top 100 global logistics providers, said the good showing came on the heels of a fast growing logistics and transport sector in the Middle East.






March 2014

Sharjah-based Unique Maritime Group (UMG), the integrated turnkey subsea and offshore solution providers, made strong strides in the UAE over the past year. It began 2013 by expanding into a new business segment in the UAE – Onsite Machine Rental.






March 2014

ABU DHABI Ports Company (ADPC)  has invested more than Dh27 million ($7.34 million) in the western region of Al Gharbia during last year to help improve key port facilities and help local communities and businesses, the company says. ADPC has five ports in the region: Marfa, Al Sila, Sir BaniYas, Mugharrag, and Delma.






March 2014

Gulf Dynamic Services (GDS) – a subsidiary of Masharie LLC, the private equity arm of Dubai Investments PJSC and one of the leading names in turnkey interior fit-out solutions, is targeting 30 per cent year-on-year growth in turnover during 2014, riding on the demand for quality fit-out solutions amidst an ongoing construction boom in the reg






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