Wednesday 10 February 2016
 
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GIR boosts manufacturing base

Leading trading firm Global Industrial Resources (GIR) of Bahrain is expanding its manufacturing base in Bahrain. “We are exploring the potential to start locally manufacturing several industrial products. This will expand o

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AKH promotes diverse portfolio

Al Abdulkarim Holding (AKH), Saudi Arabia’s leading supplier and stockist of electrical, electromechanical, communications, instrumentation and oilfield components, is promoting its diverse portfolio of products and services to the regiona

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Ducab shows off cabling solutions

Ducab of the UAE is showcasing its market-leading cabling systems at the Gulf Industry Fair. NuBICC, its famous certified cable range designed to service nuclear power plants, is one such product, according to Ulhas Menon, sales m

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Kuwait Styrene posts $97m net profit

The Kuwait Styrene Company (TKSC) has announced a net profit of $97 million for the fiscal year ending December 31, 2015, in comparison to a net profit of $126 million during 2014. As Kuwait’s first and only producer of styr

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Bahrain PM visits Alba stand at Gulf Industry Fair

Bahrain's Prime Minister HRH Shaikh Khalifa bin Salman Al Khalifa today (February 9) visited the Aluminium Bahrain (Alba) stand at the ongoing Gulf Industry Fair (GIF) 2016, in Bahrain. The fair was inaugurated by the Premier

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Bombardier to produce 80 high-speed trains for Turkey

Bombardier aims to produce 80 high-speed trains for Turkey's state railway TCDD in a tender together with local partner Bozankaya, an executive for the Canadian transport equipment maker said on Tuesday. Bombardier executive F

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FLSmidth to build cement plant worth $223m in Algeria

Denmark-based FLSmidth has signed an engineering, procurement and construction (EPC) contract with SARL Amouda Engineering worth €200 million ($223.8 million) for the supply of a greenfield cement plant in Algeria. The plant

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GM suspends Egypt operations due to currency crisis

General Motors has temporarily suspended its operations in Egypt due a currency crisis, a company source told Reuters on Monday. Import-dependent Egypt has been in economic crisis since a 2011 uprising and subsequent political tur

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GM suspends Egypt operations due to currency crisis

General Motors has temporarily suspended its operations in Egypt due a currency crisis, a company source told Reuters on Monday. Import-dependent Egypt has been in economic crisis since a 2011 uprising and subsequent political tur

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Al Falahi, Chinese Eastern Dragon sign $81m JV

UAE-based Al Falahi Group of Companies has signed an agreement with the Chinese Eastern Dragon Company, a global leader in oil field services, to launch a joint venture worth Dh300 million ($81 million) in the UAE. The joint ventu

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