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Chip gear sales to rise 9pc

Global semiconductor equipment sales are expected to rise 9.1 per cent in 2006, an industry group said, revising up its July forecast of 8.1 per cent growth...

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China world’s top PC exporter

China surpassed the United States as the world’s top exporter of laptop computers, mobile phones and other information and communications technology devices in 2004, the...

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In Brief

German chemical industry sees slowdownGerman chemicals industry association VCI sees smaller production, sales and price rises next year, after ending 2005 with...

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Make your own biodiesel

Bioprocessor units that produce diesel fuel from vegetable oil have been introduced by MB Industrial, a UK company based in Cheltenham...

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AES in $1.2bn Bulgaria deal

US energy firm AES has signed agreements with four international banks to finance construction of a 1 billion euro ($1.2 billion) coal-fired power plant in Bulgaria...

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Statistics

Gulf states’ GDP set to cross $600bnThe economic boom in the GCC is set to enter its fourth year thanks to high oil prices and the group’s GDP is expected to double to $...

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Project Information

Technip wins ethylene plant dealProject Name: Ethylene plantProject Location: Shuaiba, Kuwait...

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Emirates Glass wins major orders

Emirates Glass, a Dubai Investments subsidiary, has won three major orders to supply 30,000 sq m of its premium glass products to prestigious projects around Dubai...

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Alcan stake in Oman smelter

Alcan has announced it is taking a 20 per cent stake in a $1.7 billion primary aluminium smelter in Sohar, Oman, and would proceed with the construction of the project...

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Qatar’s success cited at forum

The role of investment banking is a crucial component for increasing the efficiency of Arab economies, said a leading economic expert Sheikha Hanadi Nasser bin Khalid Al...

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MESC wins Kuwait contract

MESC Specialised Cables has been awarded a multi-million-dollar contract in Kuwait for the supply of specialised cables...

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Dubai firm buys Doncasters

Dubai International Capital (DIC), the international investment arm of Dubai Holding, has signed an agreement to acquire UK-based Doncasters Group Limited from Royal...

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UAE plea on duties

UAE Economy and Planning Minister Shaikha Lubna Al Qassimi has urged the World Trade Organisation to help remove duties from primary aluminium, saying the move would help...

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Alstom wins Sohar contract

Alstom has won a contract of around 425 million British pounds (around $510.6 million) from Sohar Aluminium Company for the turnkey construction of a 1,000 MW gas-...

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Major Sumitomo stake in Mezon

Topaz Energy and Marine Ltd, one of the leading Dubai based oil and gas services companies, has announced that Sumitomo Corporation of Japan has secured an 80 per cent...

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ExxonMobil’s role lauded

ExxonMobil Saudi Arabia (Emsa)’s support for a programme of partnership between the private and public sectors (PPP) came in for praise from the kingdom’s top investment...

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Riyadh to reduce farm subsidies

Saudi Arabia, in its post-WTO era, will have to dismantle its agricultural subsidies by 13.3 per cent over a 10-year period, according to a report...

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Acimall booked for Sharjah event

Acimall, the Italian Woodworking Machinery and Tool Manufacturers’ Association, will be participating at the WoodWorking Middle East exhibition, scheduled for January 22-...

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Rasasi implements Lotus Domino

Rasasi Perfumes Industry, a regional perfume manufacturer based in Dubai’s Jebel Ali Free Zone, has announced the implementation of a technology platform that supports...

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Sitaco seminars promote catalogue

Jeddah-based Saudi Industrial Tools Corporation, distributors of industrial tools and equipment, has held several seminars in November and December to promote its...