• Drydocks World creditors select Moelis as advisor


    Creditors of Drydocks World, the Dubai government-owned company seeking to revise part of a $2.3 billion debt restructuring deal which it signed in 2012, have chosen Moelis & Co as an adviser, sources familiar with the matter said.

  • Oman business delegation to visit India


    A business delegation comprising 14 Omani companies will visit India beginning August 10 with a view to improving trade and investment links and export.

  • Abu Dhabi’s sustainable lighting strategy in focus


    The Abu Dhabi Municipality (ADM) recently implemented its sustainable lighting project that offers multi-pronged benefit, as part of the emirate’s lighting strategy.

  • Industries Qatar Q2 profit up 20pc, H1 slips


    Industries Qatar reported a 20 per cent increase in second-quarter profit on Tuesday that beat analyst forecasts, although its half-year profit fell because of declining petrochemicals prices versus a year earlier.

  • Mapna to build major power plant in Iraq


    Iranian industrial group Mapna has won the engineering, procurement and installation contract for the $2.5 billion natural gas-fired power plant project in the Rumaila area of Basra, Iraq.

  • Honeywell launches thermostat for mosques


    Honeywell, a leading manufacturer of heating, ventilating and air conditioning (HVAC) controls, has launched the VisionPro 8000 thermostat for mosques.

  • DP World Australia inks lease deals with port


    DP World Australia, a unit of Dubai-based marine operator DP World and the Port of Melbourne Corporation (PoMC) have signed new lease arrangements at DP World Australia’s West Swanson Terminal.

  • Strategic Marine delivers personnel vessels stock programme


    Strategic Marine, a specialist shipbuilder and fabricator, has confirmed its stock programme of personnel transport vessels is market-ready.

  • Bahrain to host Gulf Pharma-Medical Conference


    More than 400 participants including doctors and pharmacists from Bahrain and the other GCC countries will attend the First Gulf Pharma-Medical Conference in the kingdom next month, a report said.

  • LR Senergy wins key deals in Middle East


    LR Senergy, an integrated energy services company, said it has been awarded a number of contracts worth a combined $7 million in the Middle East, Europe and Asia (MEA) as it continues to adapt to the difficult and changing market conditions.

  • APM Terminals appoints new managing director for Bahrain


    APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has appointed Mark Hardiman as its new managing director.

  • Siemens wins Iraq substation contract


    Iraq’s Ministry of Electricity has signed a contract with German industrial group Siemens to carry out the rehabilitation of four 132 kV substations in Baghdad, said a report.

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Industry News

Drydocks World creditors select Moelis as advisor

Creditors of Drydocks World, the Dubai government-owned company seeking to revise part of a $2.3 billion debt restructuring deal which it signed in 2012, have chosen Moelis & Co as an adviser, sources familiar with the matter said....


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News & Features - August 2015

Aluminium Bahrain (Alba) has reported a 3.1 per cent increase in output in Q1 and a slight increase in sales on the back of strong operational performance. Figures...


The controversy over Qatar’s selection as host for the Fifa World Cup has not deterred the Gulf state from its preparations for the event. While it...


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Saudi Arabia’s Pan Gulf Welding Solutions (PGWS) is confident its recently revamped technical services...


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Official auto emission standards are becoming more and more restrictive worldwide. In the future, compliance...




Drops in profits in two quarters this year have not dimmed Sabic’s optimism about growing its portfolio and retaining its commanding position as a...


Kalmar, part of Cargotec, has introduced its next-generation automatic stacking crane (ASC) system. Featuring future-proof technology, it is described as...


Siemon, a leading global network infrastructure specialist, has announced the expansion of its comprehensive...




Qatar-based telecommunications company Ooredoo is striving to become an employer of choice and provide a...


DP World’s flagship Jebel Ali Port recorded a world-leading 131 moves per ship per hour in 2014, up 10...




Events
GIF 2015 Virtual Exhibition launched

Gulf Industry Fair (GIF)  2015, the Northern Gulf’s leading industrial B2B trade show, has launched its...


Diary of Events
Diary of Events

Gulf Industry magazine updates you with the latest calendar of events from the Middle East.   CITYSCAPE GLOBAL September 8-10 It is a...


Statistics
Statistics

Gulf Industry magazine helps you catch up with the numbers behind economic and industrial developments in the region.   GCC economic activity...