• DP World, CDPQ set up $3.7bn investment vehicle

    Dubai-based global marine terminal operator DP World has joined hands with Caisse de depot et placement du Quebec (CDPQ), one of North America’s largest pension fund managers, to create a C$5 billion ($3.7 billion) investment platform.

  • Leminar opens new duct production line in Doha

    Leminar Air Conditioning Industries, a leader in quality HVAC ductwork manufacturing in the region, has inaugurated its state-of-the-art FFC-UK manufacturing line for fire-rated ducts in Doha, Qatar.

  • UAE non-oil sector regains momentum in Nov

    The UAE’s non-oil private sector regained some growth momentum in November, thereby reversing the slowing trend seen in each of the prior three months, a report said.

  • Iran, Hyundai near $650m deal for ships

    Islamic Republic of Iran Shipping Lines (IRISL) Group and South Korea's Hyundai Heavy Industries are in the final rounds of a $650-million deal to provide 10 ships to Iran, a report said.

  • Over 55pc international brands set up shop in Mideast

    The Middle East region is fast becoming the global retail hotspot with over 55 per cent international fashion brands setting up shop here for a customer base that is increasingly online, according to a recent study.

  • EGA wins four awards at innovation symposium

    UAE-based Emirates Global Aluminium (EGA), a leading aluminium producer in the Middle East, said that it was recently honoured with four awards at the 2016 Quality Group Continual Improvement and Innovation Symposium, held in Dubai, UAE.

  • Alba names new administration head

    Aluminium Bahrain (Alba), a leading international aluminium smelter, has appointed Waleed Tamimi as its new director of administration.

  • India mulls $20bn investment in Iran port

    India plans to invest $20 billion in Iran's Chabahar port and in the development of the major Farzad B offshore gas field project, according to a senior Indian official.

  • Managed pressure drilling market to top $4.6bn

    The global managed pressure drilling services market is likely to cross $4.6 billion over the next five years with a compound annual growth rate (CAGR) of 3.8 per cent during the period, according to an expert.

  • Ooredoo wins Best Executive Team award

    Ooredoo, a major telecom group in the region, said its senior management team was recognised with the ‘Best Executive Team Award for the Telecom Sector’ at the Arab Best Awards 2016, held in Marrakesh, Morocco.

  • Batelco launches enhanced support mobile services

    Bahrain-based Batelco, a leading telecom provider, has expanded its Enterprise Help Desk services to support mobile services including fault reporting, aimed at providing a major boost for business sector customers.

  • Albaddad inks storage expansion deal with NIP

    Albaddad Capital, a leading economic group, has signed an expansion agreement with Dubai's National Industries Park (NIP) to raise its storage efficiency at a 300 per cent growth rate during the next five years.

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Industry News

DP World, CDPQ set up $3.7bn investment vehicle

Dubai-based global marine terminal operator DP World has joined hands with Caisse de depot et placement du Quebec (CDPQ), one of North America’s largest pension fund managers, to create a C$5 billion ($3.7 billion) investment platform....


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News & Features - December 2016

The Middle East will require additional power capacity of 267 gigawatts (GW) by 2030. This will take the region’s capacity to 509 GW, from 307 GW today, resulting...

Over the past 40 years, the industrial cities of Jubail and Yanbu in Saudi Arabia – run by the Royal Commission for Jubail and Yanbu (RCJY) –...

The industrial vehicles market is estimated to be $13.45 billion in 2016, and is projected to grow...

Low natural gas and electricity prices have created a tough competitive environment for renewable energy, but...

Global engineering group Cavotec has its hands full working on a number of projects across sectors ranging from airports to ports and maritime in the...

The Middle East and in specific, the GCC region, is expected to realise significant growth across its...

Sulzer will be one of the prominent exhibitors at Power-Gen International (December 13 to 15) in Orlando,...

Sharjah to host SteelFab in January

Leading experts and regional steel fabricators will showcase their latest offerings at the upcoming 13th edition of...

Events Diary
Diary of Events

Menope 2016 November 29 to December 1 More than 140 companies from over 27 countries, including Saudi Arabia, UAE and Turkey, will participate at...


Bahrain origin goods export tops $342m THE value of national origin products exported from Bahrain was BD130 million ($342 million) in October, 88...

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