News
Pump facility coming up in Dhahran
The Al Rushaid Group, based in Dhahran, Saudi Arabia, and Flowserve Corp of Dallas, USA, have ratified an agreement to build...
News
News
G8 sees strong growth despite high oil price
Finance ministers from the G8 economic powers predicted a year of strong economic growth despite high oil prices, skidding US...
News
China could become iron ore price-setter
China could take over from Japan as Asia’s price setter in annual iron ore negotiations, possibly from next year, the world’s...
News
Guinea alumina production to hit 10m tonnes
Guinea could produce 10 million tonnes of alumina a year within a decade, more than 10 times its current output, as investors...
News
EU battery law faces problems
It takes two to tango, and it is going to take consumers as well as producers to ensure the success of a new EU directive to reduce hazardous battery waste in the...
News
Project launched for new economic city
Saudi Arabia will build an economic city in the north of the country to host agricultural and mineral industries, an education...
News
EII foresees big manufacturing role
Emaar Industries and Investments PJSC (EII), a private joint stock company spun out of Emaar Properties, has announced plans to...
News
Dairy firm reports losses
Saudi dairy and foodstuff firm Sadafco has posted a net loss of SR25 million ($6.7 million) in the financial year up to March-end 2006 mainly due to a boycott of Danish...
News
Facility for solar energy products
Dubai Techno Park has announced the signing of an agreement with Solar Technologies FZE, which will invest Dh50 million in a...
News
Jafza holds seminar on plans
The Jebel Ali Free Zone Authority (Jafza), the leading business hub in the region, held a seminar for Dubai’s leading business consultants and commercial attachés to keep...
News
Invensys wins Qatar, Iraq contracts
Invensys has won two major contracts in the Middle East, one to supply steam turbine control systems for a Qatar LNG project...
News
Sharaf to build four plants in DIC
Sharaf Group, a leading business house based in the UAE, has announced plans to set up four production units for the...
News
Zonescorp launched in Al Ain
The Higher Corporation for Specialised Economic Zones in Abu Dhabi (Zonescorp) was launched recently at Al Ain Industrial City...
News
FM company launched in Dubai
A UK facilities management (FM) company, Operon Middle East, used the region’s first FM trade event to launch itself in the Middle East...
News
Glass firm seeks airport projects contracts
Emirates Glass has expressed its intention to capture a slice of the $40 billion-plus worth of airport expansion projects...
News
Commodities - a major trade
Commodities are set to become a major part of regional investment portfolios, driven by significant infrastructure developments, an industry conference was told...
News
Aljazeera wins exhibition award
Saudi Arabia-based Aljazeera Paints was adjudged the best exhibitor at the recently concluded 11th Middle East Corrosion Conference and Exhibition in Bahrain...
News
Proclad factory opens in Singapore
FTV Proclad (Singapore) Pte Ltd, a subsidiary of Kuwaiti-owned Proclad Group, one of the world’s largest cladding companies in...
News
SMEs to benefit from fund
Small and medium enterprises (SMEs) in the Middle East and North Africa (Mena) region are set to benefit from a fund launched by Bahrain-based Venture Capital Bank...
News
Hardware & Tools show a success
Messe Frankfurt’s Hardware & Tools Show, held from May 14 to 16, proved to be a success, registering a 26.9 per cent increase in the total number of visits compared...
News
Al Jaber looks beyond the Gulf
Abu Dhabi-based Al Jaber Energy Services (AJES), a leading procurement and construction contractor, plans to enter new markets beyond the Gulf region after diversifying...
News
New product from Jotun
Jotun Paints has unveiled its latest decorative product offering named ‘Pearl...
News
Statistics
Dubai economy highly competitiveThe economy of Dubai is one of the most competitive with an overall competitiveness ranking of 17 against 61 economies worldwide...