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Gulf petchem firms’ earnings may suffer

ACROSS the Gulf, petrochemical companies’ earnings are set to suffer following the deep decline in oil prices, reports Reuters. However, heavy state spending means most firms in other sectors in the region are likely to do just fine. Petrochemical product prices are closely linked to oil prices, while regional producers buy subsidised feedstock, so...

HFZA showcases offerings

UAE’s Hamriyah Free Zone Authority (HFZA) showcased its services and advantages to 28,000 atte ...

Steel firm gets SKEA gold award

TOP UAE steelmaker Emirates Steel has received the gold category of the Sheikh Khalifa Excellence Aw ...

Keel laying for two vessels

DAMEN Shipyards and its customer Sharjah Ports Authority have celebrated the keel laying of two new ...

Honeywell signs up Saudi Oger

SAUDI Oger, the construction and facilities management firm, has gained the distinction of becoming ...





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