Regional News
November 2013

ALUMINIUM Bahrain (Alba) has reported it is satisfied with the sales and production figures for the third quarter marked by a difficult LME (London Metal Exchange) environment. Third-quarter sales were up 4.






November 2013

ALUMINIUM Bahrain (Alba)’s laboratory was placed among the top five from a list of 41 laboratories cutting across different smelters from around the world.






November 2013

ABAHSAIN Fiberglass and CPIC China have signed a new joint venture agreement that will entail a total investment of $200 million and help produce 200,000 tonnes of fibreglass.






November 2013

LOWER fertiliser prices and higher operating costs at Industries Qatar drove down third-quarter net profit at the petrochemicals and metals group by a third, missing analysts’ forecasts, report Reuters.






November 2013

BAPCO and its contractor employees have achieved a new record in safety by completing one million hours without a lost time injury. This significant accomplishment reflects the ongoing efforts and dedication of Bapco and contractor employees to working safely, said Bapco.






November 2013

ABU DHABI government-owned group Senaat plans to build an aluminium rod mill with Ducab, a cable-making company which it owns along with the government of Dubai, the firms said.






November 2013

A KEY investment announced by Dubai-based Abraaj Group in African Industrial Services Group (AIS), an engineering services and component manufacturing and distribution company based in Abidjan, Ivory Coast, will impact very positively on the latter’s fortunes, both companies have said.






November 2013

BELARUS claimed five spots and Egypt four in the final 10 teams that will be bidding to have their innovative ideas developed into commercially viable businesses under a Turn8 seed accelerator initiative launched by global marine terminal operator DP World and powered by innovation 360.






November 2013

DUBAI International Financial Centre (DIFC), the financial and business hub connecting the region’s emerging markets with those of Europe, Asia and the Americas, has presented its master plan at Cityscape Global.






November 2013

FALCON Cement Company (FCC), the first Bahrain-based fully integrated cement producer, has announced that following a comprehensive assessment of the company and its systems it has been approved for ISO 9001 quality management system certification by the prominent Belgian accreditation company Bureau Veritas.






November 2013

MASDAR Energy UK, a wholly owned subsidiary of Masdar, Abu Dhabi’s renewable energy company, has completed a 12-year limited-recourse project financing of up to £266 million ($425.8 million) for its stake in Phase One of London Array. The 630 MW London Array is the world’s largest offshore wind farm and was inaugurated recently.






November 2013

THE Dubai government has invited Indian pharmaceutical manufacturers to invest in production facilities in the emirate. An official met with Sanjay Verma, the consul general of India in Dubai, to discuss a strategy for Indian involvement in the local biotech sector.






November 2013

DRYDOCKS World, the Dubai-based  company, has signed a strategic alliance agreement with German firm NSC Holding aimed at boosting the UAE shipyard’s business.






November 2013

CANADA’S Methanex has agreed to sell a 10 per cent stake in Egyptian methanol producer EMethanex to one of its joint venture partners Arab Petroleum Investments Corp (Apicorp) for $110 million, Apicorp said.






November 2013

OFFICIALS from Abu Dhabi Ports Company (ADPC)’s Khalifa Industrial Zone Abu Dhabi (Kizad) recently met with Indian business leaders at an exclusive forum held in Mumbai to announce the launching of Kizad’s Mumbai office.






November 2013

Rockwell wins deal DUBAL has engaged US-based Rockwell Automation to provide a commercial pot-control system for its proprietary DX+ Technology, currently being installed in the Phase II expansion at Emirates Aluminium (Emal) in Abu Dhabi.  “Emal has a fundamental commitment to the environment.






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