News - Regional
September 2013

SIEMENS has announced it has clinched a contract worth $966 million from Saudi Aramco to supply key components for a major combined-cycle power plant in Saudi Arabia.






September 2013

ALSTOM, as a member of the FAST consortium, will provide a complete automatic and driverless metro system to equip three of the six lines to be built in Riyadh. The total value of this project amounts to six billion euros ($7.97 billion) of which Alstom’s share represents more than 1.2 billion euros.






September 2013

ASRY, the Bahrain-based Arab Shipbuilding and Repair Yard, posted the highest first-quarter 2013 revenues in the company’s history. Revenues of $54 million in Q1 of the financial year surpassed all previous revenues for the same period since its inception in 1977.






September 2013

HYDRASUN, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy industry, has announced the launch of a new company and associated office and workshop facilities in the Middle East.






September 2013

THE UAE’s Depa Limited, one of the world’s leading interior contracting companies, has announced it has acquired the assets of Germany-based Loher Raumexklusiv GmbH’s luxury interiors business through its wholly-owned German subsidiary, Vedder, for an undisclosed sum.






September 2013

SIEMENS Metals Technologies has received an order from United Steel Industries LLC to construct a long-product rolling mill in the UAE. The plant will be built in the Fujairah Free Zone and designed for a production capacity of up to 950,000 tonnes of structural steel per annum.






September 2013

GLOBAL automated solutions provider Rockwell Automation continues to grow in the oil and gas sector after securing a number of contracts.






September 2013

DRAKE & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of general contracting, mechanical, electrical and plumbing (MEP), water and power, rail and oil and gas, reported total revenues of Dh 2.5 billion ($680 million) and a total net profit of Dh114.






September 2013

MCLAREN Automotive, whose principal shareholder is Bahrain’s Mumtalakat, and its retail partner for Saudi Arabia and Bahrain, Al Ghassan Motors, continue expansion in Saudi Arabia and the Middle East region with the opening of McLaren Riyadh.  The event was hosted by Al Ghassan Motors president and CEO Sheikh Ghassan A H Al Sulaiman.






September 2013

A-MAP, the UAE-based distributor of automotive spare parts has reported battery unit sales of nearly Dh5 million ($1.3 million) to the regional construction industry and its associated sectors in the first half of this year.






September 2013

EMIRATES Aluminium (Emal), a joint venture between Mubadala and Dubai Aluminium, said the work on its Phase 2 expansion project is more than 70 per cent complete and on track to meet its December 2013 deadline. The early works on the estimated $4.






September 2013

RED SEA Housing Services Company (RSH) has announced it plans to build its fourth manufacturing unit in King Abdullah Economic City (KAEC). It said the proposed 193,000 sq m facility will raise its overall production capacity by 35 per cent, reaching 1 million sq m annually.






September 2013

FRENCH consultancy firm OTCE, based in Lebanon and Saudi Arabia, envisions a greater role for itself in the GCC region following a boom in the construction sector. OTCE, standing for Omnium Technique d’études de la Construction et de l’Equipement, operates in the field of engineering and projects’ management.






September 2013

PRODUCTS manufactured by Dubai Aluminium (Dubal) – which operates the world’s largest single-site primary aluminium smelter using pre-bake anode technology – have been declared suitable for sustainable building practices, as per the criteria defined by the US Green Building Council’s Leadership in Energy and Environmental Design (Leed) rati






September 2013

ALUMINIUM Bahrain (Alba) gave a further boost to its commitment towards enhancing employee performance with a special lecture on “Coping with Occupational Stress and Daily Anxiety” at the Alba Healthcare Centre.






September 2013

Solar panels installed in DohaTHE first photovoltaic solar panels have been installed in the first phase of the QR20 billion ($5.4 billion) Msheireb Downtown Doha project by Innovations Unlimited ME.






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