Senaat, one of the UAE’s largest industrial holding companies, has awarded an engineering, procurement & construction (EPC) con-tract to a consortium made up of SMS Group and Larsen & Toubro for building a new sour-grade pipe plant which expects to ship a substantial portion of its output to overseas markets including East Africa.
New production facilities being set up by Oman Oil Refineries and Petroleum Industries Company (Orpic) will help spur the domestic plastics industry enabling a significant step up in exports and creation of new ventures downstream which will in turn aim to pene-trate foreign markets.
Rising local and overseas demand for its customised industrial equipment has prompted a Bahrain manufacturer to expand its production facilities, a process it expects to complete in the first quarter of 2016.
Lumiglass Industries LLC has announced it will start offering architectural bullet resistant glass in view of rising demand amidst rampant construction in the region.
Oman embarked on a new initiative to ramp up its exports of industrial goods with a visit to India by entrepreneurs and business ex-ecutives.
Gulf states contributed most to Arab exports to Brazil in the first half of this year, statistics released by the South American country’s Ministry of Development, Industry and Foreign Trade show. According to the statistics, compiled by the Arab-Brazilian Chamber of Commerce, Arab nations exported $3.