Bahrain's business community has been urged to take part in the 13th GCC Exhibition and Conference, being staged in Muscat, Oman, from November 4 to 10. The exhibition is aimed at promoting small and medium manufacturers, service providers and large private and public establishments in the region. The event is organised by the Federation of GCC Chambers of Commerce and Industry and supported by all the GCC governments.
Pepsi award for Ahmadi
i Cola International has presented Ahmadi Industries, Pespi's exclusive franchise bottler for Bahrain, with the Bronze International Quality Award for 1999. Ahmadi Industries has won the award for the third consecutive year.
Fagor names agent
r, a domestic appliances brand from Spain, has appointed Advanced Technical Trading Services (ATTS) as the local agent for its products in the UAE.
pRAK zone eyes Iran
Al Khaimah has opened a free trade zone aimed at attracting companies which trade with Iran and boost regional commerce. "We invite foreign-owned companies or individuals or groups wishing to open a free zone establishment to explore the opportunities in Ras Al Khaimah," the zone's president Shaikh Faisal bin Saqr Al Qassimi said. The first phase cost $5 million and covers an industrial zone of 117 hectares and a technology park of 71 hectares.
Iran in free zone challenge
m, Iran's biggest free trade island, has put in place the infrastructure needed a emerge as a rival to Arab counterparts across the Gulf, the head of the island said. Behrouz Boushehbi said Qeshm, which lies on the strategic Strait of Hormuz, seeks to draw huge foreign investments.
Seafood production low
than 25 per cent of seafood products in Gulf countries, which have 5,339 km of coastline, are imported, according to a study.
per capita production of fish in Saudi Arabia is just 6 kg, compared to Oman's 23.6 kg, the report by Gulf Organisation for Industrial Consulting (GOIC) said. In contrast, the per capita production in Maldives is 175 kg and Japan 30 kg.
Savola Bahrain frozen
la Bahrain has frozen its operations and is discharging all 83 employees. The freeze is in view of increased production at other edible oil factories in the Gulf region which affected the supply and demand.
