Monday 8 February 2016

Safid looks ahead with optimism

Engineered air solutions provider Safid is undeterred by a drop in output and sales and believes new plants it is building will be in time for a recovery in markets it expects to happen before long. “We’re optimistic and we’re confident the economic situation in


DP World volume grows 3pc in 2015

DP World Limited handled 61.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2015, with gross container volumes growing by 3 per cent on reported basis and 2.4 per cent on a like-for-like  basis.   Growth in 2015 was


Al Ajab to expand output capacity

Steel galvanising specialists Al Ajab Group is set for a sizable hike in production capacity, foreseeing contracts from high-profile industrial and infrastructure projects involving bulk quality steel, the company said. A new facility it is building in Dammam will be equipped wit


Almajdouie stays steady in changing times

Almajdouie Logistics has said higher fuel costs will eat into margins but that the company will leverage its expertise and assets to fulfil its commitments. The Dammam-based company, which celebrated its golden jubilee in 2015, has some of the largest transportation fleets in the


Alba promotes four as new managers

Aluminium Bahrain (Alba), a leading aluminium smelter in the world, has announced the appointment of four new managers in key departments of the company. The new managers, who all have been promoted from within the company, are: Nezar Hameed Ali - manager, operation support servi


GIF to provide insights into careers in industrial sector

Gulf Industry Fair (GIF) 2016, to be held in Bahrain this week, will offer Bahrain’s future working population insights into careers in the industrial sector. GIF will run from the February 9 to 11 at the Bahrain International Exhibition and Convention Centre under the patr


Top UAE firms to take part in Gulf Industry Fair

Some of the leading industrial companies from the UAE will showcase their products at the Gulf Industry Fair 2016 taking place in Bahrain this week. Dubai Cable Company (Ducab), Middle East Specialized Cables (MESC), and Palletco will be showcasing products vital to the industria


India's Electrosteel launches regional hub in Bahrain

India-based Electrosteel Castings, the world’s third largest producer of ductile iron (DI) pipes and ancillary products, has inaugurated its new BD2.5 million ($6.6 million) warehouse in Bahrain, said a report. The new warehouse will be a one-stop-solution for water project


El Sewedy unit signs $484m Angola power station deal

El Sewedy Power, a subsidiary of Egypt’s El Sewedy Electric, has signed a contract worth $484.5 million to build three power stations in Angola, said a report. The deal signed with the Angolan government is yet to receive approval by Angola's president and a specialised


JAC to set up light truck assembly plant in Algeria

Anhui Jianghuai Automobile Co (JAC), plans to set up its first light-load truck assembly plant in Algeria, a report said. The new plant is expected to be based in Algeria’s Ain Temouchent province, and will possess an annual capacity of assembling 10,000 light trucks, follo

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