News
DMCC recognised for best deal

The Dubai Multi Commodities Centre (DMCC) has received the 2007 Trade Finance Deal of the Year Award from Euromoney’s Trade Finance magazine, according to an announcement from the Centre. This award for innovative structured financing solutions was received for two inventory financing deals that were secured utilising the Dubai Commodity Receipt...

Dubai World eyes Russian power firm

Dubai World, the UAE-owned investment group, and OAO Roskommunenergo, an energy trader chaired by th ...

BioMedix opening plant in Dubai

BioMedix Inc, a leading equipment and services provider for non-invasive detection of peripheral vas ...

Prysmian bags Qatar contract

A Prysmian-led consortium has been awarded a major order of a total value of around 168 million euro ...

GE expands role in Qatar

GE Oil & Gas has opened a Qatar Service Centre at the Ras Laffan Support Services Zone, deepenin ...





Latest tenders

GI updates you with the latest tenders available in the Gulf region and beyond. BAHRAINDetails for the following four tenders can be obtained from the Ministry of Health, Directorate of Materials Management, tel: 17285199/17285572/1728559, fax: 17270979:• Tender No MOH/139/08. Supply of medical equipment replacement-Package 1 Radiology. Bid bond is...





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Statistics
Statistics

Gulf GDPs to surge 35pc in 2008Gulf Arab economies will surge 35 per cent this year on an oil price windfall, ING said, drastically raising its average economic growth forecast for the six oil producers from 10 per cent in February.Top global oil exporter Saudi Arabia should witness nominal gross domestic product (GDP) growth of 30.8 per cent this year,...





Automotives
Mercedes-Benz achieves milestone in ME

Mercedes-Benz Middle East & Levant delivered a record 10,090 vehicles in the first half of 2008, up 35 per cent from the 8,327 units delivered in the same period of the previous year.  Sales for June were 1,744, an increase of 35 per cent from the 1,292 deliveries in the same month in 2007.The S-Class continued to be the region’s favourite German...

BMW to launch new 7 Series

Seven years after the launch of BMW’s bestselling 7 Series model, the world’s most successful pr ...





Communications & IT
Netgear eyes large Saudi market

The Saudi Arabian IT market is currently witnessing an unprecedented growth, with projections for the booming sector to reach $5 billion by 2012 as companies in the oil and gas, telecoms, real estate, financial and retail industries continue to reinforce their IT infrastructure. The kingdom’s efforts to promote the growth of its non-oil verticals present...

‘Project-centric focus helpful’

Optimising the five fundamentals of project-centric management is key to greater business efficiency ...

Mobily plans to buy Zajil

Etihad Etisalat (Mobily), Saudi Arabia’s second-largest mobile phone operator, has said it will bu ...

Trend Micro offers new products

Trend Micro Incorporated, a global leader in Internet content security, has announced new products, ...





Shipping & Logistics
Maritime Academy established

Dubai Maritime City, the world’s first purpose-built maritime centre and a member of the Dubai World Group of companies, has established the Emirates International Maritime Academy,And in another development, it signed an MoU with Confitarma, the Italian Shipowners’ Association.  The move to set up the academy has been hailed as an important...

DMC assembles mobile boat hoist

Dubai Maritime City, the world’s first purpose-built maritime centre and member of the Dubai World ...

‘Logistics market needs to evolve’

Oliver Wyman, which has one of the leading transportation and logistics consulting practices worldwi ...

DHL clearances to be faster

DHL Express and Abu Dhabi Customs have signed an MoU to launch the first Electronic Data Interface ( ...

ME-China services highlighted

DHL highlighted at the China Sourcing Fair its role in strengthening trade ties between the Middle E ...





Salalah Port
A new wave of expansion for Sultanate’s hub

The move to build three new container berths and order additional container handling equipment is putting Salalah Port in a good position to tackle future growth and draw new shipping lines to participate in the transportation of local cargo as well as transshipments.Salalah is, for the moment, mainly a transshipment centre — serving the needs of Maersk...

Cavotec strikes MoorMaster deal

Global engineering group Cavotec MSL has won a major order to supply a system of 12 MoorMaster autom ...





UK & The Gulf
UKTI’s perspective on business with the Gulf

At a time when the UK Economy is showing signs of slowing down, it is good to be working with the markets of the Gulf, which continue, for the foreseeable future, to offer huge opportunities for British business. Economies across the region are booming, thanks to record oil and gas prices, and trade between the GCC states and the UK is growing rapidly. We...

IChemE, a flourishing organisation

Chemical engineering is a profession on the rise and the Institution of Chemical Engineers (IChemE), ...

Apollo XPands into the Gulf

Leading fire solutions company Apollo Fire Detectors Limited is busy introducing XPander, its new ra ...

Sabic in UK restructuring plans

Sabic Europe has announced plans to restructure its aromatics operations based on Teesside, UK follo ...

KFH-Bahrain acquires Scottish firm

Kuwait Finance House - Bahrain (KFH-Bahrain) has acquired control of a leading Scottish engineering ...





Security & Safety
Groveley units do well at Centrica

Groveley Detection’s first GDU-01 ultrasonic gas leak detectors - installed at Centrica’s Rough onshore gas terminal in Easington, Hull nearly 12 months ago - have proved 100 per cent effective for monitoring potential gas leaks, the company says. Wind and environmental conditions at the site meant that detection using conventional systems to protect...

New Honeywell system offers crew protection

Honeywell has announced the launch of the Honeywell MicroDock II—a test/calibration docking system ...

Batterjee launches Nortech products

Saudi Arabia-based Batterjee Security Products (BSP), a division of AM Batterjee Group, has signed a ...

Capital Safety brand launches Mobi-Lok

DBI-SALA, a Capital Safety brand, has introduced the Mobi-Lok self-contained vacuum anchor, availabl ...





Quality Assurance
A relentless pursuit to offer the best

Hard work and a single-minded determination to upgrade its quality systems have hoisted Dubai Cables (Ducab) on to the world stage not only as a large-scale supplier of products but also as an award-winning entity of quality.From the beginning Ducab has promoted the need of supplying quality products and assumed leadership in creating a culture of quality...

Updated ISO 9001 getting ready

A new edition of ISO 9001, the world’s most widely used quality management system standard, is bei ...





Dubai Silicon Oasis
High-tech park living up to expectations

The Dubai Silicon Oasis (DSO) Technology Park is living up to expectations as is evident from substantial investment that has poured in over a rather short period since the initiative was launched. The oasis has so far witnessed total investments of Dh19 billion ($5.17 billion), of which Dh2 billion is Foreign Direct Investment (FDI) in the form of...





Paints & Coatings
Yellow a favoured colour

A colour consultant has put yellow ahead of other hues for the Middle East environment. “Yellow is the perfect colour for homes in the Middle East. It signifies respect for the past and optimism for the future. It represents the balance of mind, body and spirit,” said Al Gurg Leigh’s Paints (AGLP) colour consultant Amna Saquib.According to experts,...

Angus launches amine product for paints

Angus Chemical Company, a wholly owned subsidiary of the Dow Chemical Company, introduced an enhance ...

GM honours coatings specialist

General Motors, the world’s largest automaker, recently presented a 2007 Supplier of the Year awar ...

Sadolin ushers in new range

Sadolin Paints of Oman has launched a new colour collection to jazz up the living space. Created by ...

DuPont, Nissan ME sign deal

DuPont has announced that it recently signed a three-year agreement with Nissan Middle East FZE to s ...





Plastic Products
Polymers Park set for hub status

Recently launched Abu Dhabi Polymers Park, the first industrial cluster in the UAE dedicated exclusively to plastics conversion, says it has received good response from the industry both at the local and international levels.“Our pre-launch marketing campaign has resulted in a strong request for almost 30 per cent of the park,” said Gustaf Akermark,...

Aramco, Sabic sign marketing deal

Saudi Aramco’s share of petrochemical products in its Chinese joint venture will be marketed by a ...

Sabic markets new grades for Europe

Sabic has launched in Europe a new family of special polyethylene grades for the European pharmaceut ...

Compounding plant coming up

Sabic has announced it will build a new compounding plant in Genk, Belgium, that will have an initia ...

New compounds reduce cost

To provide electrical device and connector manufacturers with a lower-cost alternative to traditiona ...





Marketing & Innovation
Tyco’s new test bench at Fasani

Tyco Flow Control’s Fasani plant near Milan has inaugurated a new test bench for large gate, globe and check valves that is believed to be the biggest in Europe. In the presence of a number of clients and an enthusiastic workforce, a hydraulic test was successfully performed on a 72-inch gate valve purchased by Reliance for its Jamnagar project in...

Siemens to test DD turbines

Siemens Energy has announced that it will test two 3.6 MW wind turbines with direct drive (DD) techn ...

Measuring devices shipped to Kuwait

ABB has supplied Q8 National Petroleum with 12 23-m-long multipoint temperature-measuring devices fo ...

Printer added to Acu Laser range

Epson has announced that it will be adding a new high-specification printer to its popular AcuLaser ...

Seafood event set for October

Sea Food Expo 2008, the region’s only dedicated seafood event, is set to host leading players from ...





Aluminium Industry
Dubal hosts ‘changing dynamics’ forum

The eyes of the global aluminium industry will be focused on Dubai this November, when key decision-makers from all sectors of the industry and a broad cross-section of industry stakeholders congregate for the 13th International Arab Aluminium Conference and Exhibition (Arabal). The biennial event, which takes place at the Grand Hyatt Dubai from November...

‘Don’t put all eggs in one basket’

An extrusions company official has advised downstream aluminium companies not to put all their eggs ...

Prices rise on China output news

Aluminium prices rose to a record on the London market following news that China will produce 6.5 pe ...

Adbic, Midal sign MoU

Abu Dhabi Basic Industries Corporation (Adbic) has joined hands with experienced Bahrain-based Midal ...

Daylami urges GCC-Europe FTA

A senior Aluminium Bahrain (Alba) official has called for the implementation of what he described as ...





Fabrication
J Ray fast tracks for India gas dream

J Ray McDermott Middle East Inc (J Ray) recently completed one of the industry’s most challenging and fastest projects ever undertaken – involving the engineering, procurement and construction (EPC) of the 18,100-metric-tonne (MT) control and riser platform (CRP) as part of the development of the Dhirubhai 1 and 3 blocks in the KGD6 gas fields of the...

New show is ‘one-stop shop’

A new, consolidated annual trade show will be held in November 2009 for industries involved in fabri ...

Bilad Oman opens Sohar yard

Oman’s premier fabrication company has opened a new facility in the Industrial Port of Sohar which ...

Fabtech adds to its facilities

Fabtech International has grown beyond its fabricating bases in Jebel Ali and Abu Dhabi with the est ...

Bemco poised for regional role

Bemco Steel Industries is poised to take on a greater regional role following large-scale investment ...





International News
Steel producers warned on prices

Germany’s biggest steel consumers have banded together to send a warning to producers that high prices are driving a dangerous wedge between them.“In the past, the partner-like relationship between our members and the steel industry was an element of our mutual success,” a group of seven German industry associations said in a joint statement.“This...

Global recession fears persist

The International Monetary Fund revised up estimates it made in April for global growth this year an ...

US inflation picks up speed

US inflation accelerated in June to its fastest rate since the aftermath of Hurricane Katrina in 200 ...

Americans told trade’s good for them

US consumer electronic companies, who depend on open markets to keep their costs low, are mounting a ...

China economy slows in Q2

China’s economy slowed in the second quarter as exports weakened and lending curbs bit, prompting ...





Project Information
Projects in the Gulf

BahrainGPIC – Ammonia & UreaOwner: Gulf Petrochemical Industries Company BSC (GPIC)Budget: $1.8 billionScope: The scope of work includes the engineering, design and construction of an ammonia/urea plant with infrastructural facilities in Manama. Expected production of ammonia is 2,100 tonnes per day (tpd) and urea 3,600 tpd.Update: Sources close to...





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Regional News International News Fabrication Aluminium Industry Marketing & Innovation Plastic Products Paints & Coatings Dubai Silicon Oasis Quality Assurance Security & Safety UK & The Gulf Salalah Port Shipping & Logistics Communications & IT Automotives Statistics Events Tenders Project Information