News
WTO forecasts 7pc trade growth this year
Global trade may grow 7 per cent in 2006, up from last year’s revised 6 per cent expansion, the World Trade Organisation (WTO...
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Statistics
Qatar forecasts GDP to grow 8pcQatar expects a real gross domestic product (GDP) growth of more than eight per cent this year and a slight cooling of inflation to around...
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Sonic device to test pipes
A unique new device that uses sonic waves to test for defects and blockages in pipes has been developed by Phoenix Inspection Systems for the German-based Linde...
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Project Information
BahrainHidd IWPP Privatisation and Desalination Expansion Phase 3Owner: Bahrain Ministry of Electricity and WaterBudget: $1.3 billion...
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Sagia promoting Tetra Pak investments
The Saudi Arabian General Investment Authority (Sagia) will promote investments for Tetra Pak following an agreement the two...
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MedZone facility at Techno Park
MedZone, a leading regional manufacturer of medical equipment and testing devices, has signed an agreement with Dubai Techno Park, the largest technology hub in the...
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Wyeth opens Dubai base
Wyeth Pharmaceuticals has completed the inauguration of its new regional headquarters at Dubai Health Care City (DHCC...
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L&T intensifies activities in Gulf
Larsen & Toubro Limited (L&T), one of India’s leading engineering and construction companies, which already has a...
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Bentley witnesses growth in region
Bentley Systems, a leading provider of software for the entire lifecycle of infrastructure, has registered “tremendous growth...
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PC assembly plant opens in Jafz
Fujitsu Siemens Computers’ (FSC) state-of-the-art, 1,500 sq m Middle East assembly plant, which is housed in PWC Logistics’ facility in Dubai’s Jebel Ali Free Zone (Jafz...
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Phone firms opt for Atlas Copco
To ensure GSM telephone coverage throughout the Gulf region, telephone companies are opting to invest in Atlas Copco generating sets to supply electricity for the...
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Bahrain contract for ZAC
Zamil Air Conditioners (ZAC), a sector business of Zamil Industrial Investment Company (ZIIC), has been awarded a SR5 million ($1.3 million) contract to supply climate...
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Poles contract
Al-Babtain is executing a Saudi Electricity Company (SEC) project to supply power distribution poles worth approx SR25 million ($7 million) in the western and...
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Invensys wins major Gulf projects
Invensys has announced it has won two major contracts in the Gulf, one relating to a fertiliser factory in Oman and the other relating to a gas plant in the UAE...
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MESC cables for KOC project
MESC Specialized Cables will supply $4.3 million worth of instrumentation cables to SK Engineering & Construction of Korea, which is working on a Kuwait Oil Company (...
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Big jump in wood trade
The construction boom in the UAE is fuelling unprecedented growth of the country’s wood market, with total trade of wood and wood products recording a remarkable 37.5 per...
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Surge in Dubai diamond trade
The total trade in rough diamonds in Dubai grew by a record 46.25 per cent in 2005 to $3.73 billion, up from $2.55 billion in 2004, according to the Dubai Diamond...