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$100 billion investments for Abu Dhabi
The emirate of Abu Dhabi will receive investments of over $100 billion over the next five years for projects including a new...
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Statistics
$19bn investment in manufacturingA total of Dh70 billion ($19 billion) was invested in the UAE’s industrial sector in 2005, an increase of 8.4 per cent over the previous...
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Abahsain operation in Hidd
Abahsain, among the top 60 companies in Saudi Arabia, will be one of the star facilities at the up-and-coming Bahrain International Investment Park in Hidd, not far from...
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Tabreed Bahrain gets GIB loan
The Bahrain District Cooling Company (Tabreed Bahrain) and Gulf International Bank (GIB) have signed a $40 million, 13-year loan facility...
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Maaden to raise gold output
Saudi state mining company Maaden has announced it will raise its gold production and float 50 per cent of its shares...
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MTU receives shipset order
UAE-based Al Masaood Group’s MTU Marine Engines Division has received a one-million-euro order for supplying one shipset to a shipbuilding company from Hamriyah Free Zone...
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Qatar firms stay with Atlas Copco
One of the Gulf’s leading contractors, Gulf Housing & Construction, has increased its fleet of Atlas Copco portable air compressors with the delivery of six new XAS...
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Euroblast facility at Techno Park
Euroblast Middle East, an assembler of oil and gas equipment, has entered into an agreement with Dubai Techno Park, the largest technological hub in the Middle East, to...
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Schneider consolidates in Gulf
Recent developments have placed Schneider Electric in a position of strength in the Gulf region, the company says...
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Adyard wins Gasco contract
Adyard Abu Dhabi LLC has won a contract to supply equipment for the Habshan gas complex expansion project of Abu Dhabi Gas Industries Ltd (Gasco...
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MESC contracts for Oman, Kuwait jobs
MESC Specialized Cables has announced it has reinforced its presence in Oman and Kuwait having received two major contracts for...
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Cairo contract for Drake & Skull
Drake & Scull International (DSI), the leading mechanical and electrical engineering contracting company in the region, has bagged a 15-month-long contract worth Dh26...
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QEWC names project engineer
Qatar Electricity and Water Company (QEWC) has appointed Mott MacDonald as project engineer for the QR1.8 billion ($520 million) Ras Abu Fontas B2 (RAF B2) power and...
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Mittal raises Arcelor bid to $30bn
Mittal Steel, seeking to win back eroding investor support for its bid for Arcelor, raised its offer by a third and dropped a...
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Plastic container demand in US to grow
Plastic container demand in the US is expected to grow 4.6 per cent annually through 2010 to over $24 billion, according to a...
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Producers cut costs as commodities move up
Strong demand has allowed large manufacturers worldwide to pass on higher commodity costs to their customers, but most have...
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Airbus plans new model
Airbus expects to deliver close to 430 planes in 2006, it said, adding a more bullish tone to its forecast and pledging a new long-range model by summer to battle...
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Al-Babtain holds seminar
Al- Babtain held a seminar on outdoor lighting in Doha in early May, focusing on its entire product range in that field and applications of the products...
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Ducab, Fewa sign deal
Ducab, a leading manufacturer of high-quality power cables in the Middle East, has bagged a year-long contract worth Dh13.5 million ($3.68 million), for the supply of 11...
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Jafza in investments drive
The Jebel Ali Free Zone Authority (Jafza) is intensifying its drive to promote the attractions of the free zone and gain additional investments...
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Wire factory opens in RAK
A factory specialising in the manufacture of high-carbon wires has opened at the Ras Al Khaimah Free Trade Zone Industrial Park...
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Gulf Extrusions, Tejari in deal
Gulf Extrusions has signed a deal with Tejari, a premier business-to-business marketplace, to increase efficiency and reduce procurement costs...
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Umm Al Quwain enclave ready
The emirate of Umm Al Quwain is gaining an industrial focus with the completion of a town-sized development called Emirates Modern Industrial Area...
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Investcorp acquires European firm
Investcorp, a global investment group with offices in Bahrain, New York and London, has signed an agreement to acquire a leading European distributor of industrial parts...