Sunday 26 October 2014
 
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Expansion

United Arab Shipping embarks on $2bn expansion drive

United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost efficiencies and ride out tough markets. UASC, founded in 1976, has corpor

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Sabic drops petchem expansion plan with Shell

Saudi Basic Industries Corp (Sabic) will not move ahead with plans to expand an existing petrochemical joint venture with Royal Dutch Shell in Saudi Arabia as the results of feasibility studies were not encouraging, Sabic said on Thursday.

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Doha's premier marina set for expansion

Mourjan Marinas – Lusail City, the premier marina in Qatar's capital Doha, has begun construction of 49 new modern floating berths in response to increasingly high demand for new docks in the country. Mourjan Marinas &nd

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Mideast aluminium industry 'in strong expansion stage'

The Middle East’s aluminium industry, spearheaded by companies like Emirates Global Aluminium (EGA), is entering a stage of strong expansion, both in primary production and downstream development, according to an expert. UAE

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Qatar to launch Hamad airport phase 3 expansion

Qatar will soon be launching the third phase of the newly-opened $15.5-billion Hamad international airport (HIA) in line with its plans to accommodate 50 million passengers by 2020, said a report. Architects are finalising the des

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Qatar to launch Hamad airport phase 3 expansion

Qatar will soon be launching the third phase of the newly-opened $15.5-billion Hamad international airport (HIA) in line with its plans to accommodate 50 million passengers by 2020, said a report. Architects are finalising the des

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GCC power grid set for expansion

A Gulf Cooperation Council (GCC) electricity grid created to share capacity in emergencies is set for expansion by 2019 with an estimated investment of up to $420 million due to rising consumption, an official of the overseeing authority said on

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Best Western set to open new hotel in Myanmar

Best Western International has embarked on the latest stage of its expansion in Myanmar, with the signing of its first ever hotel in Mandalay.   Scheduled to open in the third quarter of next year, the new midscale Best Wester

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$32bn DWC airport to expand in two phases

The Dh120-billion ($32 billion) expansion of the Al Maktoum International Airport at Dubai World Central (DWC), UAE, will be carried out in two phases, it has been announced. The expansion has been endorsed by HH Sheikh Mohammed b

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Bapco expansion to enter Feed phase next year

By K S Sreekumar A multi-billion-dollar upgrade at the Bahrain Petroleum Company (Bapco), which will increase refining capacity from 265,000 barrels per day (bpd) to 360,000 bpd, will move into the front-end engineering

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