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ZIIC upbeat as profits rise substantially
Zamil Industrial Investment Company (ZIIC), the international manufacturing and fabrication group focusing on growth segments...
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Zamil Steel factory coming up in India
Dammam-based Zamil Steel Industries has announced it is expanding its manufacturing base by establishing a factory in India...
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MESC to supply cables to Alstom Power
MESC Specialized Cables has announced it has been awarded a $2.8 million contract from Alstom Power Centrales, France...
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ABB wins most contracts for GCC grid
ABB has won six of 14 contracts for the first phase of the GCC grid interconnection project. The company’s contracts were worth...
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Region responding to water shortages
More than $120 billion will be invested on water and waste water infrastruc-ture in the Middle East and North Africa (Mena...
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Stress on private sector involvement
Metito, the international desalination, water, and wastewater treatment specialist, made a strong case for greater private...
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‘Ecomagination’ initiative highlighted
GE confirmed its ongoing commitment to bring to market new technologies by highlighting its ‘Ecomagination’ initiative aimed at...
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GE looking for growth in ME
GE, the global technology, media and financial services company, views the Middle East as one of the key areas for growth and will continue to focus on developing world-...
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Gas turbines showcased
GE Energy highlighted its broad portfolio of products and services including heavy-duty gas turbines at Power-Gen Middle East 2006, one of the region’s largest annual...
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New e-market a boon to industries
An electronic market initiative launched recently by the federated Gulf’s business chambers is expected to stimulate trade and commerce for the region’s companies...
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Quit core sector, governments told
One of the Gulf’s senior business leaders has called on regional governments to exit from core sectors and instead provide...
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US warns it could abandon trade talks
The US could abandon world trade talks if other countries don’t show more willingness to open their markets, US Trade...
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Hungary to produce biofuels
Hungary will soon devote one million hectares of its farm area to crops for biofuel production, and the recent European gas shortages served as an added incentive, the...
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WEF opens centre in New York
The World Economic Forum has opened its Centre for Global Industries in New York. The centre will act as the global headquarters for the forum’s industry activities...
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China clamp on cigarette factories
China will not allow new cigarette factories, including joint ventures with foreign partners, as part of efforts to reduce...
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Volkswagen to cut 20,000 jobs
Volkswagen expects to cut up to 20,000 employees in the next three years at its core VW brand in a sweeping restructuring programme that could also see production...
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Philips develops plastic RFID tags
Scientists at Eindhoven, Netherlands-based Philips Research have created a 13.56MHz RFID tag based entirely on plastic...
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Statistics
‘Extraordinary optimism’ in Arab worldArab executives showed ‘extraordinary optimism’ about business prospects despite concerns about terrorism, political risk and...
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Project Information
$408m cement plant to be set up in HFZ Project Name: Al Ruya Cement plant Project Location: Hamriyah Free Zone (HFZ), Sharjah Client: Al...