Proclad to invest $136m in Dubai expansion
Proclad, a world leader in specialist engineering services, has signed an agreement with the National Industries Park in Dubai, UAE, to invest Dh500 million ($136.1 million) in an expansion programme.
PetroRabigh takes $33m hit on power cut
A 10-day power cut at Saudi Arabia's PetroRabigh petrochemical complex will have a SR124 million ($33.1 million) impact on the company's second-quarter results, it said.
Fashion Apparel opens unit in Salalah Free Zone
Fashion Apparel, a garments company, has opened its new $20 million production unit on a 200,000-sq-ft plot at Oman’s Salalah Free Zone, a report said.
UAE, South Korea sign MoUs to enhance ties
A total of three memoranda of understanding (MoU) were signed by the UAE and South Korea for cooperation in different sectors at the 5th UAE-Korea Economic Joint Committee which concluded yesterday (May 30) in Abu Dhabi, UAE.
RAK FTZ named most innovative free zone
Ras Al Khaimah Free Trade Zone (RAK FTZ) has been honoured by the Emirates and Europe Economic Forum with an Innovation Award, winning the category of “Innovative Development of Free Zones” at an event in Warsaw, Poland recently.
Napco posts $12.4m revenue in Q1
Oman-based National Aluminium Products Company (Napco), a leading extruder of aluminium in the GCC, said it has achieved OR4.8 million ($12.4 million) in revenues during the first quarter ending on March 31.
IFC to invest $25m in Egyptian petchem firm
International Finance Corporation (IFC), the private investment arm of the World Bank, plans to invest $25 million in Carbon Holdings Limited, an Egyptian downstream petrochemical producer, said a report.
Jazz Pharma to buy Celator in $1.5bn deal
Ireland-based Jazz Pharmaceuticals will buy Celator Pharmaceuticals in a deal valued at about $1.5 billion, to gain access to Celator's investigational product in development for treating acute myeloid leukemia.
QDB, Qatar Shell unveil business opportunities worth $19m
Qatar Development Bank (QDB) and Qatar Shell have joined hands to provide business opportunities through six contracts worth QR70 million ($19.23 million) for local small and medium enterprises (SMEs), said a report.
Bahri appoints general agent in Spain
The National Shipping Company of Saudi Arabia (Bahri) has further expanded its global footprint with the appointment of Cantabrian Integrated Logistic Services (CILS) as its general agent in Spain.
GlassPoint Solar receives recognition at Dubai event
GlassPoint Solar, a leading supplier of solar to the oil and gas industry, was recently honoured at the Middle East & North Africa Solar Conference and Expo 2016 (Menasol) held in Dubai, UAE.
Marafiq signs $415m loan to develop projects
The Power and Water Utility Company for Jubail and Yanbu (Marafiq) has signed a loan agreement worth SR1.56 billion ($415.7 million) with the Saudi Industrial Development Fund (SIDF), a report said.
The largest primary aluminium producer in the region and among the top five producers in...
Oman’s exporter of aluminium profiles has increased sales and profits in...
Hira Industries has opened a technical foam manufacturing facility with an eye on...
Panasonic Marketing Middle East and Africa (PMMAF) is targeting 20 per cent growth...
Ajustlock, the world’s first adjustable barrel bolt lock, is to be rolled out...
Ideal Standard, a supplier of innovative and design-driven bathroom solutions, has...
List of organisations, councils, chambers of commerce and other construction related bodies from various countries:
Gulf Industry Fair
The Gulf Industry Fair is the highly acclaimed trade exhibition for the GCC which has established itself as the unrivalled marketing platform for specialist industrial products and service providers, distributors and agencies representing the key segments of: Aluminium, Industrial Processes and Manufacturing, Steel and Alloys, Energy & Environmental Protection, Logistics & Industrial Facilities, Ports & Maritime Industries, Training for Industry and Industrial Safety & Security.
Over 100 companies from more than 16 countries participated in the seventh Gulf Industry Fair from 4th to 6th February 2014 at the Bahrain International Exhibition and Convention Centre (BIECC).