Monday 24 October 2016

Iran firm to sign petchem deal with Total

Persian Gulf Petrochemical Industry is expected to finalise an olefin project agreement with Total, Adel Salimnejad, the Iranian company’s managing director was quoted as saying in an Oman Tribune report. The deal may be signed before April 2017, he added.


Work set to start on Sebacic plant in Duqm

Work is expected to start on the RO24-million ($62.37 million) Sebacic Oman Factory at the Special Economic Zone of Duqm (SEZD) this week. The foundation stone laying for the project will be held on October 26 under the patronage of Yahya bin Said Al Jabri, Sezad chairman, a repo


UN team reviews Ithraa services

A high-level UN team from the International Trade Centre conducted meetings last week with Ithraa, Oman’s inward investment and export development agency, focused on the latter's export facilitation and investment services. The meetings also reviewed Ithraa's overal


Dubai increases Metro trips during rush hours

Dubai’s Roads and Transport Authority (RTA) will increase the number of Metro trips on the Red & Green lines to meet the growing demand for the services especially from the metro riders in early morning and during various peak hours. In total, 276 new trips are added on


Dubai, Autodesk to partner on 3D printing

Dubai Future Foundation has partnered with US multinational software corporation Autodesk to provide financing for entrepreneurs and start-ups in the 3D printing sector in the region. The two organisations signed a memorandum of understanding, whereby the Foundation will be in ch


Dubai Wholesale City eyes Chinese investors

Dubai Wholesale City, one of the largest wholesale hubs in the world, is organising a visit to China to discuss potential partnerships and also highlight the business opportunities available within the facility. A high-level delegation headed by its chief executive Abdulla Belhou


Boecker unveils innovative products at Qatar show

Boecker Public Health, one of the Middle East’s largest pest management group, unveiled its latest public health services and innovations at the Hospitality Qatar 2016 expo held recently in Doha. It is the only global exhibition in Qatar featuring all aspects of the Hotels,


Qatari logistics firm GWC profit up 11pc

GWC, a leading logistics provider in Qatar, has reported a net profit of QR150 million ($41 million) in the third quarter of 2016, up 11 per cent over QR135 million ($37 million) for the same period last year. The company’s total revenues also grew to QR634 million at the e


Forum puts spotlight on latest glass industry trends

Over 100 officials from across the world, including representatives from glass companies, architects, consultants, glass suppliers and processors, discussed the latest glass processing techniques, the international standards on glass specifications, fire glazing and regulations in the UAE, at a


Saudi Arabia to start key railway line by early 2017

The North-South Railway, the 1,250-km-long rail network which will start from Riyadh and run through Al-Majma’ah, Qasim, Hail and Jouf areas of the kingdom to reach Al Qurayyat, will be launched early next year, said a report citing a senior government official. The project

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