ACCENTURE is helping Saudi Electricity Company (SEC) to prepare for a comprehensive restructuring designed to lead to an eventual liberalisation of the electricity market...
THE Alhamrani Group, a family-owned Saudi conglomerate, is considering the sale of its approximate two-thirds stake in a...
EMIRATES Extrusion Factory (EEF), a subsidiary of Masharie, the private equity arm of Dubai Investments (DI), has aquired a...
A POWER and water plant that will fuel Bahrain’s growth and secure supplies well into this decade with the potential to export...
GLOBAL power company Alstom has completed the handover of the 1.2 GW Shoaiba III steam power plant to the Saudi Electricity Company (SEC).Comprising three individual 400...
SCHNEIDER Electric has won SR120 million ($31.9 million) contract to provide an automated lighting controls system for the Presidency of Meteorology and Environment (PME...
UNITED Steel Company (Sulb) has signed a $373 million loan agreement with BNP Paribas and Societe Generale (SGCIB) for implementation of a major steel plant coming up in...
SAUDI International Petrochemical Company (Sipchem) affiliate Sipchem Chemicals Company has signed a SR164.8 million ($43.9 million) loan facility agreement with Saudi...
SIEMENS has joined hands with Qatar University and Kahramaa, the local utility for electricity and water, for research and...
TETRA Pak has said it is making efforts to raise the carton recycling rate from the current 3 per cent to 20 per cent by 2020.The target was announced by the company’s...
ALBA’S Continuous Improvement Programme and operational efficiency initiatives helped it report a strong Q1 performance despite...
ALMAJDOUIE, a leading Dammam-based logistics provider, announced it successfully transported three huge evaporators in Rabigh, in Saudi Arabia’s western region...
PIC told to pay Dow $2.16bnKUWAIT’s Petrochemical Industries Company (PIC) must pay Dow Chemical Company $2.16 billion under an arbitrator’s ruling for wrongly cancelling...