Saudi-based Al Yamamah Steel Industries Company has announced that its reinforcing steel bars unit has awarded a major contract to Italian engineering and manufacturing corporation Danieli for setting up a steel billet production plant within its premises in the kingdom by 2029.
Bin Sulaiman Group - OBS, a diversified group based in Dubai, said its premium development Omoria has opened its inaugural private residence on Palm Jumeirah. A prime project, the Omoria Palme Couture draws from finest Japanese hospitality and Italian design philosophies.
Fincantieri, a leading Italian group and one of the world's largest shipbuilding groups, has signed a deal with ASRY (Arab Shipbuilding & Repair Yard) to explore collaboration in the shipbuilding sector, thus reinforcing its presence in the Gulf region.
