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Saudi to cut August medium, heavy crude oil prices

Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in August on weaker fuel oil cracks, while keeping the price for its flagship light crude little changed, traders said. &

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Small firms ‘need more investments’ in GCC

GCC small and medium factories are punching well above their weight, showed a research by Gulf Organisation for Industrial Consulting (GOIC). The report on the website of the Qatar-based organisation said that small and medium fac

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Small firms ‘need more investments’ in GCC

GCC small and medium factories are punching well above their weight, showed a research by Gulf Organisation for Industrial Consulting (GOIC). The report on the website of the Qatar-based organisation said that small and medium fac

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Bahra Cables wins $33m contract

Bahra Cables Co, a leading cable manufacturing  company in Saudi Arabia, has won an SR127 million ($33.8 million) contract with Hyundai Heavy Industries to supply low and medium voltage cables. The cables are for the use in t

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Lexmark to unveil inkjet printers for SMBs

Lexmark, the printing and imaging solutions provider, has announced plans to launch a range of 4-in-1 All-In-One (AIO) inkjet printers designed to help small to medium-sized businesses (SMBs) keep printing costs down. The announcement come

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