Dubai Aluminium Company (Dubal) and India’s Larsen & Toubro will build a combination bauxite mining and alumina refinery in the eastern Indian state of Orissa, it was...
Japan’s Canon has said it is focusing more on expensive cameras, printers, and even flat screen televisions as the demand for digital compact cameras in Europe is slowing...
Europe’s top electronics manufacturing services firm, Elcoteq, will invest $50 million to $100 million in 2006 in its Indian handset unit to tap rising demand in a...
India’s exports surged 24 per cent to a record $80 billion for the year ended March, but a soaring oil import bill meant the country still ran a trade deficit, Trade...
The US economy faces some “pretty obvious” risks of inflation but the Federal Reserve will act with vigour to keep them under control, one of its top policymakers has...
Mittal Steel, which became the world’s largest steel maker with the $4.5 billion acquisition of International Steel Group, has vowed to invest $1.5 billion in Europe in...
Rich nations are rigging international trade by providing heavy farm subsidies while also pushing for developing countries to...
High energy costs and the rising euro may force Canadian aluminium producer Alcan to close 20 per cent of its smelting capacity in Europe, says Alcan executive vice...
MG Rover Group - the last major British-owned car manufacturer - succumbed to its mounting debts last month and filed for a form of bankruptcy protection after a deal...
The world’s top economies will post moderate growth this year, capped by high oil prices, with the United States putting in the best performance, a Reuters poll of around...
The Azimut-Benetti Group, a prominent European manufacturer of motor yachts and a world leader in mega-yachts construction, announced a strategic tie-up with Art Marine...
Aluminium Bahrain (Alba) reached the half-way point in the 100-day startup of its $1.7-billion Potline 5 expansion, a full five...
The Qatar Steel Company has signed a memorandum of understanding with Essar Global Ltd to build a new steel plant with an annual capacity of 4 million tonnes...
atar will build an “Energy City” which its developer says will raise the global stakes of the Middle East’s energy sector, reshape the dynamics of its oil and gas...
A plant to manufacture environmentally friendly shipping pallets will be set up in the northern Oman district of Sohar following the recent signing of an agreement with...
A senior official of an Emirates National Oil Company (Enoc) subsidiary has called for the outlining of minimum lubricant...
Saudi Arabia’s eastern industrial hub of Jubail received the accolade of the city with “the best economic potential in the...
Parker Instrumentation has announced its A-Lok tube fittings have been specified for the offshore platforms and onshore gas...