Saturday 23 November 2024
 
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$3.45 trillion projects 'in pipeline in Mideast'

Around $3.45 trillion worth of projects are in the design, bid or construction stage until 2025 in the GCC and the Middle East region, with the World Expo 2020 in Dubai and Fifa World Cup in Qatar providing a  boost to infrastructure spendi

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Conares to boost production capacity to 1m tonnes

Conares, the second largest private steel manufacturer in the region, has announced plans to increase its manufacturing capacity to one million tonnes at its facility in Jebel Ali Free Zone (Jafza). The company will invest Dh200 m

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Ezz Steel sees Egypt demand up, Europe weak

Egypt's top steel producer Ezz Steel said Egyptian demand for reinforcing steel bars would grow to 7.4 million tonnes in 2010 from 7.2 million last year, fuelled by the need for housing. Marketing director George Matta also said a slowdown

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