News
LG-Shaker AC plant opens in Riyadh

LG Electronics and its sole distributor in Saudi Arabia, HG Ibrahim Shaker Co Ltd, have announced the inauguration of an air conditioning joint venture factory named LG-Shaker Co Ltd in Riyadh. Abdullah bin Ahmed Zaniel Ali Reza, the Saudi Minister of Commerce and Industry, and Lee Jaegil, Korean Ambassador to Saudi Arabia, were present at the ceremony...

Paint market booming in ME

The paint market, which is currently worth Dh750 million ($204 million) across the Middle East, is w ...

Gefsco launched in Bahrain

A new $500 million firm has been set up in Bahrain by GBCorp, an Islamic investment bank, to promote ...

Capivest to focus on Qatar

Bahrain-based Capivest Bank has announced the launch of a multi-million-dollar investment opportunit ...

Knowledge Village showcased in US

Dubai Knowledge Village (DKV), a member of Tecom Investments, highlighted Dubai’s growing status a ...





Tenders

GI updates you with the latest tenders available in the Gulf region and beyond. BAHRAINTender No T080089. Provision of manpower and equipment for internal cleaning of 4A CDU/5VDU (22F1, 22F1A, 22F1B, 22F2, 24F1 & 32F1) furnace tubes by Aqua-milling process or similar. Bid bond is BD500. Documents can be obtained from the The Bahrain Petroleum Company...





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Statistics
Inflation set to rise in GCC area

New signs have surfaced that inflation in the Gulf Arab region will continue to rise from record levels, raising pressure on governments to rein in money supply growth and shield people from price pressures. Inflation in Kuwait, the only Gulf oil producer without a dollar-pegged currency, remained around a record 10 per cent in March, while the UAE money...





Communications & IT
Towards greater business mobility

Cisco has announced an evolved architecture that helps empower businesses to meet and exceed mobility demands and move beyond basic wireless networking into the next generation of business mobility – transforming the way business is done by fostering broader collaboration and new levels of productivity. This announcement is part of Cisco Motion –...

Cisco to train Saudis in KAEC

Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic C ...

Ascade gets Qtel contract

Ascade, the global market-leader in advanced routing and trading, billing and quality solutions for ...

New Savvio hard drive launched

To meet the growing demand for higher-capacity, more efficient enterprise storage systems, Seagate h ...





Shipping & Logistics
DP World adds Spain

Global marine terminal operator DP World Limited (DP World) has announced that it has signed a binding sale and purchase agreement for a 60 per cent shareholding in Contarsa Sociedad de Estiba (Contarsa), a privately owned company which holds the exclusive concession for the Tarragona container terminal in northern Spain. The transaction has received...

Agility strengthens China network

Agility, the global logistics provider, has signed a conditional agreement to acquire Cosa Freight, ...

New logistics venture formed

Dnata Cargo, Kanoo and SDV International Logistics, France, have joined forces to create what is ant ...

Equipment arrives in new port

The second shipment of major equipment for the new Bahrain Gateway has arrived at Khalifa Bin Salman ...

Tideworks launches Digital Bridge

Tideworks Technology Inc, a provider of full-service terminal management and planning software solut ...





Sohar Industrial Port
Sohar Aluminium pours first hot metal

The first ‘hot metal’ was successfully produced at the Sohar Aluminium (SA) smelter in the first half of June, on schedule and after three years of meticulous construction and planning. The first production, witnessed by SA chairman Ahmed Al Wahaibi and a host of SA officials, shareholder representatives and other special guests, marked the beginning...

Masco proves its mettle

A small Sohar-based company has been thrust onto the world stage as a potential supplier of state-of ...

OPP expects output to improve

While Oman Polypropylene’s (OPP) grades have been doing well in international markets, the company ...

Vale a step forward towards hub

Brazilian mining major Companhia Vale do Rio Doce’s (Vale) plans to establish its regional base in ...

Indian firm to invest in Sohar

An India-based firm intends investing around $130 million during the next couple of years for the co ...





Dubai Cargo Village
Cargo hub grows as restructuring proceeds

Dubai Cargo Village (DCV) has made enviable progress from the time it was established in 1991, achieving double digit growth year-on-year all the way. Last year it handled around 1.7 million tonnes of freight, compared with just over 1.5 million tonnes in 2006, an increase of more than 10 per cent. Despite capacity restraints, Cargo Village has been...

SkyCargo again voted best

Emirates SkyCargo was voted Best Middle East Cargo Airline for the 20th consecutive year at the Carg ...

Carrier fine-tunes strategies

Managers from Emirates SkyCargo’s 100-plus stations around the world recently came to Dubai for th ...





Chemicals, Plastics & Paints
Maaden gets funds for phosphate venture

Saudi state-owned mining company Maaden, which plans an initial public offering in July, has said it has secured loans worth several billion dollars from Saudi and Korean institutions for its phosphate project. A statement on the official Saudi Press Agency (SPA) said the financing included direct loans of $1.07 billion from the Public Investment Fund and...

Sabic Europe begins Reach phase

Sabic Europe has announced it has begun to pre-register substances within the framework of Reach, a ...

Sigmaflex suits Gulf conditions

Sigmaflex Premium’s continuing record of success in bridging cracks and resisting concrete carbona ...

New TPE grades launched

ExxonMobil Chemical has introduced new transparent and translucent thermoplastic elastomer (TPE) gra ...





Metal Industries
Dubal prepares for boom in demand

A new hub in the aluminium industry is emerging in the Middle East, with the potential to become a leading sector of the aluminium market in the years to come. In 1980, the region contributed 1 per cent of the total world aluminium production. Today, it accounts for about seven per cent of the 38 million tonnes of metal produced on the world market each...

MBS begins Lahore supplies

Mammut Building Systems (MBS), one of the leading manufacturers of pre-engineered steel buildings, h ...

Aluminium extrusion plant opens

Dubai-based Gulf General Investment Company (GGICO) officially inaugurated one of the largest alumin ...

Maaden venture cost revised

Saudi Arabian Mining Co (Maaden) said an aluminium venture it is developing with Rio Tinto will cost ...

Gold sales cross $800m mark

The World Gold Council’s regional office in Dubai announced that UAE gold sales increased from Dh2 ...





Risk Management & Safety
Smart Mobilarm device for MOB rescue

Australian marine technology innovator Mobilarm launched its new commercial marine product to coincide with the Offshore Technology Conference in Houston, held in early May.  The Mobilarm V100 VPIRB (VHF position indicating radio beacon) is designed to provide commercial mariners with a faster, more efficient man overboard (MOB) rescue system than...

Improved refinery safety with RBI

Risk-based inspection (RBI) is an approach to asset integrity management (AIM) where the probability ...

PGWS to market Jackson Products

Jackson Products Ltd, based in Kingswinford, West Midland, UK and European subsidiary of Jackson Pro ...

New Draeger flame detector ‘reliable’

Representing a significant development in Flame Detector technology, the new Draeger Flame 5000 is a ...

E2S develops Spectra beacons

E2S, Europe’s leading manufacturer of sounders and beacons, has developed Spectra to extend its in ...





Power Generation & Energy
Adwea faces contractor challenge

Abu Dhabi aims to raise power generation capacity by 35 per cent within five years, but may face challenges in attracting foreign firms as competition for projects across the Gulf Arab region heats up. Demand will rise almost 80 per cent in the same period to 10,600 MW, while capacity reaches 12,503 MW in 2010, Abu Dhabi’s five-year strategic plan...

UAE getting Thorium advice

US firm Thorium Power has revealed its recently announced consulting and strategic advisory service ...

GE wins contracts for Saudi projects

GE Energy has signed contracts totaling more than $500 million (SR1.87 billion) to supply gas turbin ...

‘Centre of excellence’ coming up

GE Energy, a global supplier of power generation and energy delivery technologies, is expanding its ...

Towards cleaner coal technology

GE Energy has signed a carbon sequestration alliance agreement with Schlumberger Carbon Services to ...





Flowmeters
WaterMaster flow profile better

A new generation of flowmeters for water and waste water treatment applications has been launched by ABB at the International Water & Effluent Exhibition in the UK (IWEX). The WaterMaster flowmeter range brings a host of advanced features and functionality, including superior measurement capabilities enabling users to operate more efficiently, reduce...

Study on clamp-on flowmeters

Clamp-on flowmeters are to be independently evaluated by TUV NEL in a joint industry project (JIP) f ...





Marketing & Promotion
Induction heating scores, says PGTS

Pan Gulf Technical Services (PGTS), a specialist in induction heating applications for a range of industries, has currently around 50 units with 100 per cent utilisation on sites in Saudi Arabia, a company spokesman said. PGTS, a division of the Saudi Pan Gulf Group, performs as a rental service provider in exclusive partnership with Rapid Heat Systems- UK...

PM Asia convenes in October

Leading project management practitioners from across the diverse Asia Pacific will gather in Singapo ...





Heavy Equipment
Caterpillar workhorse 589 gets new life

Normally, pipelayers are found wherever water, gas or oil pipes need to be laid. Where most of the construction machines of this type are being used to build pipelines, there are also a few that move conveyor belts at open pit mines. This is the case in Garzweiler, Germany, where one of Europe’s largest power producers, RWE Power, produces approximately...

Port deploys radical ABB cranes

A complete ABB crane systems solution has helped create the world’s first fully automated bulk car ...

Bobcat skid-steer loader shrinks

Against the backdrop of 50 years of leadership in the compact loader market, Bobcat is aiming to bui ...

Caterpillar to expand capacity

Caterpillar Inc has said it will spend $1 billion over the next two years to expand capacity in five ...





Jubail & Yanbu
Yanbu set to host many new projects

The Industrial City of Yanbu is set for its next big phase of expansion with 80 projects in the design and planning stages, according to details provided by the Yanbu directorate of the Royal Commission of Jubail and Yanbu. Among companies that feature in the list are Saudi Aramco, Sabic, Marafiq and Al Yamamah. Start-up for the projects will occur between...

76 tenants in 2007

There were 76 industries operating in Yanbu in 2007, of which 12 were primary, 16 secondary and 48 l ...

Jubail, an industrial powerhouse

Jubail Industrial City, Saudi Arabia’s industrial powerhouse and hub for petrochemical industries, ...

Maadaniyah QI sales surge

Jubail Industrial City’s National Metal Manufacturing and Casting Co (Maadaniyah) made a good star ...

Darvico responding to demand

One of Saudi Arabia’s prominent manufacturers of valves and process instruments has announced it w ...





International News
‘Weak dollar not in anyone’s interest’

As signs appeared that the US was still facing recession, a senior Chinese finance ministry official said any excessive fall in the dollar’s value would not be in the interest of the US or the global economy and that China hoped US officials would take effective steps to address that issue. “We hope that the US will take a responsible stance to the...

US manufacturing contracts again

A gauge of manufacturing in New York state contracted in June for the fourth time in five months, th ...

China economy facing slowdown

The Chinese economy is at risk of a sharp slowdown in 2008 and may need to accept above-target infla ...

Investment into India will flow: KPMG

Soaring inflation and slowing growth in India will not affect foreign investment flows, as these phe ...

Africa woes discussed at WEF

The lack of requisite skills and the shortage of power will likely be the main stumbling blocks to e ...





Project Information
Project Information

BahrainBahrain Wastewater PrivatisationOwner: Bahrain Ministry of Electricity and Water Budget: $2 billionScope: The project calls for the privatisation of Bahrain’s wastewater sector. The project also includes the construction of a new sewage treatment plant in the Muharraq region.Update: Sources close to the project indicated that HSBC would lead a...





Tags
Regional News International News Jubail & Yanbu Heavy Equipment Marketing & Promotion Flowmeters Power Generation & Energy Risk Management & Safety Metal Industries Chemicals, Plastics & Paints Dubai Cargo Village Sohar Industrial Port Shipping & Logistics Communications & IT Statistics Calendar of Events Tenders Project Information