Tuesday 21 May 2013
 
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Alessa unveils Qatar expansion plans

Alessa Industries Group, a leading integrated industrial conglomerate in Saudi Arabia, has announced plans to enter the Qatari market to leverage the huge potential offered by diverse sectors of the economy. The group has already laid the groundwork for boosting its presence in Q

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Intermetal to build $20m furniture factory in Dubai

UAE-based Intermetal, a global furniture solutions leader and a Group Harwal company, has invested Dh75 million ($20.41 million) to establish a new factory in Dubai. The state-of-the-art facility in Dubai Investment Park will design and manufacture office and institutional furniture so

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Bahri wins top Arab shipping award

The National Shipping Company of Saudi Arabia (Bahri) said it has won top recognition for its maritime achievements in the region by Forbes Middle East . A major player in the marine sector, Bahri owns and operates a fleet of 44 vessels, besides the 10 new vessels which are to jo

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Dubai Metro carries 33.3m commuters in Q1

Dubai Metro transported more than 33.3 million commuters both Red and Green lines during the first quarter of the year, indicating a significant increase in figures compared to the same period last year. Adnan Al Hammadi, chief executive officer of the Rail Agency, Roads & Tr

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Sudan to sell stakes in four sugar plants

Sudan, struggling with economic crisis and a budget deficit, plans to sell stakes in four state-owned sugar plants to attract partners, the official news agency SUNA said. The African country has been trying to boost its sugar output to offset the loss of most oil production, the

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Sabic sponsors industrial innovation award

The Saudi Basic Industries Corporation (Sabic) sponsored the Industrial Innovation Award which was presented to developers of new ideas for industrial projects at a ceremony held in Riyadh yesterday (May 18). Dr Tawfiq Al-Rabiah, Minister of Commerce and Industry and chairman of

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Emirates SkyCargo wins top carrier award

Emirates SkyCargo, the freight division of Emirates, has won the Best Air Cargo Carrier Middle East award for the 18th consecutive year at the recent Asian Freight & Supply Chain Awards (AFSCA) in Beijing. Organised by the market leading transport and logistics newspaper Carg

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Maaden reopens phosphate, ammonia plants

  Maaden Phosphate Co (MPC) has restarted a diammonium phosphate plant (DAP) in Saudi Arabia after repairing the ammonia plant that feeds it, but the shutdowns will negatively impact profits, the company said on Sunday.  

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GCC exports over 80pc of petchem production

The Gulf countries export more than 80 per cent of their petrochemical production including ethylene glycol, styrene monomer and paraxylene to overseas markets, said a senior industry expert. “These exports have included over 30 million metric tons (MT) of petrochemicals du

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Harris Pye opens Dubai office

Harris Pye, a specialist in the provision of repairs, upgrades and conversions to the marine, offshore oil and gas sector, has opened its brand new office at Jumeirah Lakes Towers in Dubai. The company was established to centralize engineering teams to support global business dea

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