Regional News
May 2016

Aluminium Bahrain (Alba) has selected International Bechtel Co Ltd (Bechtel) as the engineering, procurement and construction management (EPCM) contractor for its landmark Line 6 Expansion Project.  Bechtel will be responsible for the design and construction of the sixth potline as well as providing industrial support services.






May 2016

Alba's overall sales increased despite the downward trend in the all-in aluminium price (London Metal Exchange cash price + premium), the company reported.






May 2016

Dubai Trade, a cross-border trade facilitator, has announced that nearly 17,000 new firms were registered with it in 2015 with close to 20 million online transactions carried out during the year. The transactions were up 5 per cent compared to 2014, the organisation said.






May 2016

The Dubai Electricity and Water Authority (Dewa) is building three 132/11 kilovolt (kV) substations with 45 km of high-voltage (132 kV) cables to meet the requirements of World Expo 2020 which will be held in the city. The total cost of the electricity projects associated with the event will be Dh420 million ($114.36 million).






May 2016

Three leading entities have joined hands to create an elite educational institution located at King Abdullah Economic City (KAEC) in Saudi Arabia and modeled after Babson College’s top-ranked entrepreneurship education programmes in the United States.






May 2016

Jebel ALI Free Zone’s efforts to draw Indian firms to the hub is paying off with some 60 Indian companies signing up in 2015. The new tenants are engaged in the fields of electronics, steel, construction and building materials, chemicals, petroleum products and FMCG, the UAE news agency WAM said.






May 2016

Deal inked for water plant  OMAN Power and Water Procurement (OPWP) has signed a RO100-million ($259 million) agreement with a consortium to build a water desalination plant in Sohar, north of the country.






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