Regional news
Abu Dhabi firm plans to invest big
Abu Dhabi conglomerate General Holding Corporation (GHC), the parent of Emirates Steel, will invest $10 billion over the next “...
Regional news
Regional news
Steep Q1 growth in Rakia licences
Ras Al Khaimah Investment Authority (Rakia) has announced it has issued 263 licences to businesses during the first quarter of 2010.The number represents a 75 per cent...
Regional news
Steam turbine MRO market up
The GCC steam turbine MRO (maintenance, repairs and overhaul) service market will continue to grow at a moderate pace at the rate of 8 per cent until 201, a Frost &...
Regional news
EADS Qatar JV passes key test
The joint venture between EADS Qatar and the French Welding Institute, based at the Qatar Science and Technology Park (QSTP) in Doha, said it has received a key...
Regional news
Siemens wins $779m Qatar deals
Siemens has announced it has won orders worth 600 million euros ($779 million) to supply equipment for the expansion of a high-voltage grid in Qatar.The orders were...
Regional news
Saudi power output surge to be big
Saudi Arabia’s electricity generation is expected to surge by 79.4 per cent between 2009 and 2019, while total investment is...
Regional news
Alba again GIF strategic sponsor
Aluminium Bahrain (Alba) will again be a Strategic Aluminium Partner at the fourth Gulf Industry Fair (GIF) in Bahrain next year following the renewal of a sponsorship...
Regional news
Haji Ali Haji turns manufacturer
One of Bahrain’s prominent trading companies, Haji Ali Haji (HAH), has ventured into manufacturing for the first time.HAH is producing low voltage electrical panels and...
Regional news
UltraTech Cement to buy ETA Star
India’s UltraTech Cement has said it will acquire Dubai-based ETA Star Cement Co for an enterprise value of $380 million, giving it direct access to markets in the Middle...
Regional news
Firms win smelter complex deals
Swiss-based ABB, US-based Fluor Corp and WorleyParsons have won the first contracts for a planned $10.8 billion aluminium joint-venture between Alcoa and Saudi Maaden...
Regional news
Victoria eyes auto sector in UAE
Australia’s Victoria State has identified auto manufacturing and food as opportunities for its businessmen in the UAE.John Brumby, the state’s premier, said education...
Regional news
Emerson opens Abu Dhabi office
Emerson Process Manageme- a wholly-owned Emerson company offering one of the most innovative and broadest array of process automation solutions, has launched its new...
Regional news
Arabian Seals reports sales surge
Mechanical seals manufacturer Arabian Seals Co Ltd (ASC), which experienced a lean time in 2009, expects to turn the tide this year having shown a marked improvement in...
Regional news
CityBuild Abu Dhabi stirs business
The inaugural CityBuild Abu Dhabi trade exhibition held recently for the building and construction industry has laid the...
Regional news
In Brief
Copper forum meets in DubaiThe International Copper Association (ICA) recently held meetings of its Asia forum in Dubai with the aim of strengthening its presence in the...