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Investments in kingdom show huge increase
The Saudi Arabian General Investment Authority (Sagia) has reported a phenomenal increase in investments...
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Sadafco opts for Tetra Recart packaging
Sadafco, the Saudi dairy and food giant, has said it will use the new Tetra Recart packaging as part of its efforts to promote...
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iMPZ hosts judging event
The International Media Production Zone (iMPZ), a 50 million sq ft free zone dedicated to the development of the media production, printing, publishing and packaging...
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Siemens to equip RAK cement plant
Siemens is to supply electrical equipment for a new cement factory in the UAE emirate of Ras Al Khaimah, the company reported...
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Star Cement to buy ship unloader
Star Cement recently signed a purchase agreement contract with Van Aalst Bulk Handling of the Netherlands in Dubai for the complete engineering and supply of a high-...
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Weicon in Middle East push
Weicon, the German manufacturer of speciality products for production, repair and maintenance, recently opened a Middle East office in Dubai as part of a major push to...
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Suggestions reward scheme ‘successful’
A suggestions scheme initiated by a Dubai ports and free zone company and another local firm for staff has proved successful...
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Lumiglass gains European certification
The UAE’s Lumiglass Industries has ensured worldwide recognition for automobile glass safety by winning top European and...
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Project Information
Aramco, Sumitomo sign $2.5bn dealProject Name: Rabigh Refining and Petrochemical complexProject Location: Rabigh, Saudi Arabia...
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Statistics
Gulf investors ‘to buy $360bn foreign assets’Gulf Arab governments and private investors are likely to buy over $360 billion of foreign assets in 2005 and 2006, financed...
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India, China swamp textile market
China and India were tipped to emerge as big winners when global textile quotas were abolished last January, but even domestic manufacturers are stunned by the speed with...
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China steel firms merge
China’s number-two steel maker, Angang, has merged with the fifth-largest, Bengang, to create a leader in the world’s top steel market, as Beijing struggles to overhaul a...
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Waste plastic helps make steel
Australian scientists have developed a technique to use waste plastic in steel making, a process that could have implications for recycling scrap metal that accounts for...
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Cancer drugs among top products
Cancer drugs have claimed their spot as key products in the pharmaceutical portfolio, along with treatments for high cholesterol, ulcers and depression...