Regional News

Regional News

Aluminium firms going green

Lower costs and environmental benefits are driving many companies in the Middle East and North Africa (Mena) region to transform scrap into recycled aluminium alloys, a...

Regional News

Salalah ranked 17th in Mideast

Salalah Free Zone in the Sultanate of Oman has been ranked 17th out of 130 free zones in the Middle East surveyed in an authoritative study, Middle East Free Zones of the...

Regional News

Dubal eyeing big 2011 profit

Government-owned Dubai Aluminium Corp (Dubal) expects a rise of up to 35 per cent in its profit in 2011, and it has enough reserves until 2017, Reuters quoted a company...

Regional News

Qatar Steel to get $250m loan

Qatar Steel has signed a medium-term loan facility of $250 million to help fund the construction of a new state-of-the-art steel melt shop with a 1.1 million tonnes per...

Regional News

Novaro opens factory in RAK

The ‘King of Glass,’ French artist Jan Claude Novaro has opened his manufacturing facility in Ras Al Khaimah. The plant was inaugurated by the Ruler of Ras Al Khaimah...

Regional News

GSK signs new deal

Glaxo Smith Kline (GSK), a major player in the healthcare industry, has signed a new contract with Tranzone Logistics fzco, a specialist in storage and handling solutions...

Regional News

In brief

Almarai plans capital boost The Gulf’s largest dairy firm by market value, Saudi-based Almarai Co, has unveiled plans to raise its capital by 73.9 per cent to SR4 billion...

Regional News

Plant work to begin

Gulf Cryo, a leading manufacturer of industrial, medical and speciality gases in the Middle East, is building a new air separation plant in Abu Dhabi. With a 30,000 sq m...