News - Regional
August 2013

THE Middle East’s rapidly expanding network of world-class ports will be a key target market for Continental Commercial Specialty Tyres (CST). The German manufacturer has launched what it says is the world’s most complete tyre portfolio for port fleets.






August 2013

GLASS LLC, wholly-owned by Dubai Investments (DI), announced that its coating lines, comprising subsidiaries Emirates Glass LLC  (EGL) and Saudi American Glass, have won projects worth Dh100 million ($27.2 million) in H1 2013.






August 2013

THE Arab-Brazilian Chamber of Commerce (ABCC) recently coordinated with Apex, the Brazilian Export and Investment Promotion Agency, to highlight both the business and pleasure aspects of relationships between Brazil and the Middle East.






August 2013

THE UAE Ministry of Foreign Affairs (MoFA) and Masdar have signed a memorandum of understanding (MoU) to enhance the sustainability attributes of selected new and existing UAE embassies around the world.






August 2013

ABU DHABI Islamic Bank (ADIB) has launched BusinessPulse, a portal aimed at providing advice and support to small and medium enterprises (SMEs) in the UAE. Launched in association with Zawya, BusinessPulse went live on July 1.






August 2013

DUBAI Smart Government (DSG) has won a prize at the United Nations Public Service Awards 2013. DSG was presented with an award in the category of ‘Promoting Whole-of-Government Approaches in the Information Age’ for the Western Asia region.






August 2013

THE BACS consortium comprising Bechtel, Almabani, Consolidated Contractors Company (CCC) and Siemens has received a letter of award from the High Commission for the Development of ArRiyadh to design and build two rail lines of the Riyadh Metro network in Saudi Arabia.






August 2013

SCHNEIDER Electric, the global leader in energy management, announced that its president and CEO Jean Pascal Tricoire visited Saudi Arabia as part of an initiative to support the kingdom’s growth aspirations. It said Tricoire discussed sustainability, smart cities and his vision for an energy-efficient Saudi Arabia.






August 2013

ROCKWELL Automation, a global provider of industrial automation, power, process control and information solutions, recently opened is new Middle East office in Abu Dhabi, and highlighted at a media gathering the importance of information security in the design and operation of contemporary control systems.






August 2013

REICHLE & De-Massari (R&M) AG, developer and manufacturer of passive cabling solutions for communication networks, says quality cabling infrastructure in a hospitality property is the “technological foundation” of excellent service.






August 2013

GULF Petrochemical Industries Company (GPIC) exceeded its export target for the first half of this year, a period which was also marked by a substantial sales order from the South American state of Uruguay.






August 2013

SAUDI Organometallic Chemicals Company (SOCC) has announced the start-up of its aluminium alkyls plant in Jubail, Saudi Arabia.






August 2013

THE National Methanol Company (Ibn Sina), a manufacturing affiliate of the Saudi Basic Industries Corporation (Sabic), has awarded the engineering, procurement and construction contract for its polyoxymethylene (POM) project to an international company, which was not named, bringing the company closer to producing high-strength, low-friction engine






August 2013

DISTRIBUTORS of Audi and Lexus cars have reported strong sales in the region while Infiniti celebrated the sale of its 50,000th car in the Middle East to a buyer in Qatar.






August 2013

Sabic net profit $1.6 bnSABIC, the world’s biggest petrochemical group by market value, posted second-quarter profit below analysts’ forecasts, with sales hit by weak demand in China and Europe. Net income was SR6.04 billion ($1.61billion) for the three months to June 30, up 12 per cent compared to the same period last year.






August 2013

SAUDI International Insulation Manufacturing Company (Siimco), a joint venture equally owned by Alghanim Industries and Saint-Gobain, has signed an agreement with the Yanbu Royal Commission to lease a 65,000 sq m site at Yanbu Al Sinaiyah.






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