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Monday 8th, September 2008 -- 08:55 GMT
Industry
Saudi Arabia: London Mining, National Mining Company set up JV
London Mining and Saudi-based National Mining Company have announced the formation of their 50:50 held joint venture company, Saudi London Iron Limited ("SLI"), with registration number 1/1026 issued by the Saudi Arabian General Investment ...
Sumitomo Rubber opens office in Dubai Airport Free Zone
Japanese giant shifts focus to GCC/Middle ...
Qatar Steel pulls out from Mauritania project
In a statement to the Doha Securities Market (DSM), Industries Qatar declared that its wholly owned-Qatar Steel Company has pulled out from Guelb El Aouj project in Mauritania due to strategic reasons. ...
Bahrain: GPIC sets up carbon dioxide plant
As part of a global co-operation to protect the environment, GPIC in co-operation with Technoment of Italy and Mitsubishi Heavy Industries Company, Japan will set up a carbon dioxide recycling plant to be the first petrochemical company in the ...
Gulf Extrusions produces biggest extruded aluminium profile in Asia and Africa
Gulf Extrusions, one of the largest aluminium extrusion plants in the Gulf, has announced that it has produced the biggest aluminium extruded profile in Asia and Africa, fulfilling its part in a partnership with Multiforms to supply world-class ...
GGICO acquires leading process equipment manufacturing co.
GGICO announced acquisition of Quality International Co. Ltd. ...
Leather crafting factory established in the ”Industrial Park” of Ma'an development area
An investment agreement was signed between the Ma’an Development Company (MDC) and the renowned Lebanese leather crafting and tanning producer, Albert’s Leather Crafting Company, to establish a leather crafting factory within the “Industrial Park” ...
Abu Dhabi Islamic Bank finances new cement manufacturing factory in Sudan
ADIB confirms bridge facility for Al Takamul of Sudan, in partnership with Bank Audi of Lebanon ...
Dubai Aluminium achieves major production milestone
Dubai Aluminium Company Limited (“DUBAL”) – the world’s seventh largest producer of high quality primary aluminium – has achieved a major production milestone, having produced its ten millionth cumulative tonne of hot metal mid-July this year. ...
Gulf Finance House announces plans to create regional steel giant
Gulf Finance House, the leading Islamic investment bank with a track record for innovation today announces plans to create HadeedMENA, a new steel producing company. Conceived by Gulf Finance House, HadeedMENA aims to plug the shortfall in domestic ...
SABIC reports net profits of SR 14.5 billion
The Saudi Basic Industries Corporation (SABIC) reported preliminary consolidated net profits of SR 14.5 billion for the first six months ending June 30, 2008 compared with SR 12.8 billion in the same period in 2007, an increase of 13 percent. ...
AED 575 million contract signed for Emirates Float Glass’s second manufacturing facility
Emirates Float Glass (EFG), a subsidiary of Glass LLC, wholly owned by Dubai Investments PJSC, has signed an AED 575 million contract with Italian engineering firm Ianua S.p.A for the construction and supervision of its second float glass ...
Saudi Aramco inks marketing agreement with SABIC
Sino Saudi Aramco Company Ltd, a wholly owned subsidiary of Saudi Aramco, signed a mutual cooperation agreement with SABIC Shenzhen Trading Company Ltd, a SABIC subsidiary in the People's Republic of ...
Emirates Glass embarks on AED175 million expansion move
Emirates Glass LLC (EGL), one of the leading processors of architectural flat glass in the Middle East and a subsidiary of Glass LLC, wholly owned by Dubai Investments (DI), today announced that work on its new aed 175 million, state-of-the-art ...
Rubber World Industries bags AED 1.2 million contract to supply rubber insulation products for ‘Motor City’ project
Leading manufacturer dominates regional rubber insulation market by leveraging eco-friendly construction ...
3M to set up high-tech facility at TechnoPark
TechnoPark, the science and technology facilitator of Economics Zones World has announced that it will be home to a Hi-Tech manufacturing facility for 3M, a global Fortune 500 ...
tabreed reveals new business model to ...
Egypt: Agrium says construction of ...
Emal invests $10 million in cooling ...
Dubai Investments announces major ...
Wärtsilä continues to expand ...
Alumco embraces green building concept ...
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