Regional News

Regional News

Al-Mady optimistic of growth

Sabic chief executive Mohamed Al-Mady expects to see growth in the petrochemicals sector globally by the end of 2009, with signs of improvement already being witnessed in...

Regional News

Sabic CEO honoured

Mohamed Al-Mady, CEO and vice chairman of Sabic, received the 2009 Petrochemical Heritage Award at the National Petrochemical and Refiners Association’s (NPRA...

Regional News

IPIC buys German firm­­

German industrial group MAN said Abu Dhabi state-owned group International Petroleum Investment Company (IPIC) has become the new majority owner of its industrial arm...

Regional News

In Brief

Sabic Q1 turnover plunges The turnover of Saudi Basic Industries Corporation (Sabic) fell more than half in the first quarter, while sales costs fell by 38.2 per cent...

Regional News

Dubal, Vale announce agreement

Aiming to secure the raw materials required to fuel the company’s future growth strategy, Dubai Aluminium Company Limited (Dubal) – the world’s largest modern aluminium...

Regional News

Danube among top performers

Danube Building Materials has been listed as one the UAE’s top 20 performers for 2008 by Newsweek’s Arabic edition. Sheikh Hasher bin Maktoum Al Maktoum, director general...