News
Much work ahead to fulfill Vision 10 x 10

Since joining the World Trade Organisation (WTO), the Kingdom of Saudi Arabia (KSA) wishes to integrate into the world trade system to take advantage of its comparative and competitive advantages wherever possible. However, a large part of this international system is dominated by production and buyer networks. These networks are now exceedingly important....

The Saudi Arabian paradox

The Kingdom of Saudi Arabia (KSA) is regarded as the most exciting energy infrastructure market in t ...

KAEC site for $5bn smelter

King Abdullah Economic City (KAEC) will be the latest Gulf site for a greenfield aluminium city it w ...

Cemcco wins KAEC contract

Emaar, the Economic City (Emaar.EC), the Tadawul-listed company developing King Abdullah Economic Ci ...

Cities to get Cisco solutions

Networking leader Cisco has signed agreements with three economic cities in recent weeks to supply s ...





Prysmian awarded Emal contract

Prysmian, a worldwide leading player in the power and TLC cables industry, has signed an engineering, procurement and construction contract worth 23.3 million euros with Emirates Aluminum Company Ltd. (Emal) for the supply and installation of high voltage cables and systems for the world’s largest aluminum smelter facility, under construction in the...

Belden extends CATV cables range

US-based Belden has extended the range of its highly popular CATV cables with three easy-to-install ...





Satyam expands into Egypt

Satyam Computer Services Ltd., a leading global consulting and information technology services company, has launched its Global Development Centre (GDC) in Smart Village in Giza, following a visit to the company’s Hyderabad (India) headquarters by officials from the Government of Egypt to strengthen the agreement between the two parties. As the first...

SafeWorld 2008 assures ‘unbreachable’ systems

Secure Computing Corp, the leading enterprise gateway security provider, has announced the release o ...





US firms look abroad for profit growth

The giants of US industry have tried to convince investors they are supported by more than one pillar. As the US economy slows this year and possibly tips into recession, manufacturers are increasingly looking overseas for sales and profit growth.Since the last recession in 2001, companies have boosted their manufacturing capacity abroad, and many now...

China gets tough on inflation

China’s money and credit growth will slow this year as the central bank implements a battery of ti ...

South Africa recession fears allayed

South Africa’s economic growth was likely to slow in 2008 but the economy would not fall into rece ...

Truckers in record haul

The US trucking industry in 2006 hauled more goods than ever before in a single year, the American T ...

In Brief

Funds transparency essentialSovereign wealth funds can help the global economy when they are transpa ...





Bahrain keen to develop nuclear fuel

Bahrain is to join other Arab countries in a comprehensive plan to develop nuclear energy for peaceful purposes including power generation. It was among several measures discussed by the state’s Minister of Works and chairman of  the Electricity and Water Authority (EWA), Fahmi Al Jowder, with his counterparts at a recent meeting in the Arab League...

New PowerSource gens launched

Designed for rental and construction markets in Europe, the Middle East and Africa, the new Ingersol ...





In pursuit of ever higher standards

One of the Gulf’s leading aluminium extruders is on the threshold of developing its own R&D wing in line with its efforts to enhance quality in its various systems and processes. “Quality is an inseparable element of all our activities,” a spokesman of Gulf Extrusions said.The company is currently investing for the implementation of the TS16949...

DQG outlines choices

Dubai Quality Group (DQG), an organisation committed to improving the performance level of UAE compa ...





Project Information

BahrainDurrat Al Bahrain – Seawater Desalination PlantOwner: Durrat Khaleej Al Bahrain CompanyBudget: $50 million Scope: The project calls for a contract to design, build, and operate (DBO) a sea water desalination plant located on the mainland at a distance from the resort. The plant will serve the irrigation of the entire development. The desalination...





Latest tenders

GI updates you with the latest tenders available in the Gulf region. BAHRAINDetails for the following four tenders can be obtained from the Directorate of Materials Management, Ministry of Health, Tel:17285199/17285572/ 1728559, fax: 17270979:• Tender No MOH/104/2008. Supply of various medical equipment. Bid bond is BD500. Documents can be obtained by...





New forum will boost UK-Bahrain trade ties

Britons and Bahrainis are optimistic that a new initiative launched recently will foster a dynamic and productive commercial environment between the UK and Bahrain in the areas of trade, investment and economic development. The new Bahrain British Business Council (BBBC) launched in November is being described as an exciting new initiative which will seek...

Strategic event held in London

The Arab-British Chamber of Commerce’s (A-BCC) Strategic Forum, an international business conferen ...

Apollo grows with the Gulf

The Gulf region is experiencing an unprecedented period of growth. Its economy continues to be buoy ...

Apollo devices used for big project

Over 13,000 Apollo fire detection devices have been used to protect the Mater Dei Hospital, Malta ...

Decothane eliminates fire risk

Fire safety has once again become a hot topic within the Gulf’s construction industry as the Civil ...





Statistics

UAE economy may grow 6.6pc The economy of the UAE is in “good shape” and may grow 6.6 per cent this year, even if oil falls to $60 per barrel, Central Bank Governor Sultan Nasser al-Suweidi said. Economists in a Reuters poll last year forecast the UAE economy — the second-largest in the Arab world — to grow 7.8 per cent in 2008.“The UAE economy...





Amana leads in logistics projects

Amana Contracting and Steel Buildings, a leading name in fast-track and turnkey construction across the Middle East, has undertaken a record number of logistic projects in the last couple of years. The experience has helped it become a regional leader in the design-build of commercial and industrial facilities in the fields of logistics, manufacturing,...

UAE line joins Mix service

Emirates Shipping Line has announced its participation in the Mediterranean India Express (Mix) serv ...

DLC will impact cargo growth in big way

Dubai Logistics City (DLC), the world’s first truly integrated logistics and multi-modal transport ...

Surge in ports’ throughput

DP World’s UAE region recorded 19 per cent growth in throughput with the handling of 11 milli ...





GIBTM set for April show

Abu Dhabi will, once again, be the focus for the Gulf region’s meetings industry. Last year, GIBTM (Gulf Incentive, Business Travel and Meetings) was launched with a clear purpose to help this region compete with the rest of the world for some of the biggest conferences, congresses and events.  “At a time when many people don’t even realise they...

Good first year for Adnec

Abu Dhabi National Exhibition Company (Adnec) has revealed that during the first operational year of ...

Atlas Copco wins Qatalum contract

Atlas Copco has been awarded a turnkey contract to supply the complete compressed air system for Qat ...

Largest Elite Coriolis launched

Emerson Process Management has announced the new high-capacity Micro Motion Elite Coriolis flowmeter ...

Caterpillar offers smaller K models

Following the introduction of the first K-family track-type tractor D6K, Caterpillar now brings to t ...





Star supplier primed for new era of growth

After more than 50 years of operations in Saudi Arabia’s continuously developing building materials and construction field, one of its prominent companies in the sector hopes to complete yet another 50 years and go on from there. Al-Rashed Building Materials was established in 1950, the first company in what became known as the Rashed Al-Rashed & Sons...

Products meet high standards

In Al-Rashed Building Materials’ long history of 50-plus years, it has had the satisfaction of bei ...

Fasteners maker doubles capacity

Among manufacturing companies involved with its kind of products and services, Al-Rashed Fasteners a ...

Transport division picks up speed

Having made a mark in the transportation of a variety of goods across the length and breadth of Saud ...

Al-Rashed Steel opens complex

Al-Rashed Steel Products Manufacturing took another step forward with the opening of a new industria ...





Industrial sector advances in UAE

The UAE’s industrial sector contributed nearly 20 per cent of the GDP in 2007 becoming the third-largest economic producer, Minister of State for Finance and Industry Dr Mohammed Khalfan bin Kharbash has revealed. He told delegates at the Dubai Industrial Investment and Partnership Forum (DIIPF) that the sector was worth some Dh73 billion ($19.9 billion)...

Nearly 100 firms register

Eighteen private stock companies established in 2007 with a combined capital value of Dh6.4 billion ...

Event focuses on investments

The Gulf and international business community was introduced to investment opportunities available t ...

Interpipe opens warehouse in Dubai

Interpipe, a leading producer of steel pipes and railway wheels, has announced the opening of a ware ...

DGR enables $100m financing

Secured financing has reached unprecedented levels in the UAE with the Dubai Gold Receipt (DGR) enab ...





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