Regional News
February 2017

Aluminium Bahrain (Alba), one of the world’s leading aluminium smelters based in Bahrain, achieved its highest ever metal production of 971,420 metric tonnes (mt) in 2016, up by 1.1 per cent year-on-year as compared to 960,643 mt in 2015.






February 2017

Collectively the five aluminium primary producers EGA (UAE), Alba (Bahrain), Ma’aden Aluminium (Saudi Arabia), Qatalum (Qatar) and Sohar Aluminium (Oman) have produced 5.22 million tonnes (mt) of primary Aluminium in 2016.






February 2017

Dubai is forecasting a higher economic growth of 3.1 per cent during 2017 and plans to provide an economic outlook twice every year in a bid to promote transparency. The emirate’s economy grew by 2.7per cent in 2016 despite declining oil prices, sluggish growth in developed as well as many emerging economies, and a mere 1.






February 2017

A pharmaceutical and medical equipment taskforce has held a number of meetings and workshops to identify key initiatives that will help drive growth and achieve the objectives of the Dubai Industrial Strategy.






February 2017

Oman-based Gulf Mining Group plans to invest in a substantive portfolio of mining-related ventures including a potash mine over the 2017-2018 timeframe, a report said.






February 2017

Dubai Investments Park (DIP), the largest integrated commercial, industrial and residential community in the Middle East and a wholly-owned subsidiary of Dubai Investments, attracted more than 100 new companies in 2016.






February 2017

Ducab, a leading manufacturer of cables and cabling products based in the UAE, has announced the opening of a hitech fire testing laboratory specifically built for the Ducab FlamBICC range of fire performance cables, according to BS EN/IEC standard and Ducab NuBICC nuclear cables tested in accordance with IEEE International standards.






February 2017

General Electric (GE) has secured more than $1.4 billion in orders from Iraq’s Ministry of Electricity to set up power plants as well as provide technology upgrades and maintenance services.






February 2017

The UAE has announced a landmark new $50 million fund for renewable energy projects in Caribbean island countries.






February 2017

The UAE Ministry of Economy officials recently signed a deal with its Japanese counterparts on key aspects concerning innovation and development of small and medium enterprises (SMEs) across the UAE.






February 2017

UAE’s Jebel Ali Free Zone (Jafza), a DP World Company, has issued a new set of guidelines that enables foreign companies to transfer and continue operations in the free zone without the need to open a branch or establish a new company.






February 2017

UAE signs hyperloop deal THE Office of Sheikh Falah Bin Zayed Al Nahyan has signed a strategic partnership agreement with Hyperloop Transportation Technologies (HTT), as part of its support for the project to link the cities of Abu Dhabi and Al Ain via Hyperloop technology.






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