News
Siemens wins KAEC T&D deal

Siemens has been contracted to accomplish the electrical transmission and distribution (T&D) work for the first phase of King Abdullah Economic City (KAEC).The SR553-million ($147.15 million) contract was awarded by Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing KAEC. The work is scheduled to be completed by 2010.Fahd...

Sabic slashes steel prices

Saudi Basic Industries Corp (Sabic), the Gulf’s largest steel maker, has slashed some prices amid ...

Industrial city begins leasing

Dubai Industrial City, a member of Tatweer and the third largest non-real estate project in Dubai, h ...

ACWA wins airport contract

ACWA Emirates has won a £20 million ($36.6 million) contract for the construction of a sewage treat ...

Mubadala, Veolia to focus on Mena

Abu Dhabi’s Mubadala Development Company and Paris-based Veolia Water have announced their intenti ...





Latest tenders

GI brings you the latest tenders available in the Gulf region. BAHRAIN• Tender No MUN/ISD/03/2K8. Supply of computers and peripherals. Bid bond is BD1,000. The Finance and Support Division, Ministry of Municipalities and Agriculture Affairs, Directorate of Human Resources and Finance – Municipalities Affairs building Manama, tel: 17501586, fax:...





Projects in the Gulf

BAHRAINBahrain Wastewater Privatisation - Muharraq Sewage TreatmentOwner: Bahraini Ministry of Electricity and WaterBudget: $1 billion Scope: The project calls for the privatisation of Bahrain’s wastewater sector. A new sewage treatment plant is being planned in the Muharraq region.Update: The project is still in the design stage. CNIM - Waste...





Statistics

ME assets above global average The Middle East’s assets under management at the end of last year were around $1.5 trillion with the average wealthy family holding an estimated $1 million, well above the global average of $400,000. That is one of the findings of the report “A Wealth of Opportunities in Turbulent Times.”“The region shows signs of...





Chevrolet Cruze unveiled

General Motors officials revealed recently the all-new Chevrolet Cruze at a special premiere event at the “Le Pavillon Dauphine,” located in the heart of Paris. Guests got a first-hand look at the arching roof-line of the Cruze that extends from the steeply raked windshield to its sloping rear pillars and short rear deck, bringing coupe-like...

Big guns clouted by sluggish economies

Grim economic prospects and lower demand, fuelled by the financial crisis originating in the US and ...





Atic joins AMD to make semiconductors

Advanced Micro Devices (AMD) and the Advanced Technology Investment Company (Atic) of Abu Dhabi have announced the creation of a US-headquartered, leading-edge semiconductor manufacturing company to address growing demand for independent, leading-edge foundry production capabilities. The new global company, to be temporarily called The Foundry Company,...

Barracuda makes a free offer

Barracuda Networks Inc, the worldwide leader in email and Web security appliances, has announced it ...

Saudi IT market growing fast

The Saudi IT market is estimated to reach $3.8 billion by 2010 thanks to recent developments pointin ...

DSO to use MessageLabs service

Dubai Silicon Oasis Authority (DSOA) has announced the selection of MessageLabs, one of the UAE’s ...





Shippers squeezed by credit crunch

Access to credit is the lifeblood of maritime trade and the credit crunch has largely cut off that supply, threatening to weed out weaker shippers and shipyards, as well as hamper global trade. “The credit crisis has made banks nervous and the last thing on their minds is making fresh loans,” said Omar Nokta, an analyst at investment bank Dahlman Rose,...

Shipping seeks green solutions

The Middle East maritime sector is waking up to the need for greater fuel efficiency, which could le ...

Agility buys Chinese firm

Kuwait’s Agility, the Gulf’s biggest logistics provider, has said it had signed a deal to buy Ch ...

Capacity at terminals still down

Maritime consultancy firm Drewry has suggested that a significant shortage of global container termi ...

Emirates SkyCargo wins award

Emirates SkyCargo, the cargo division of the Dubai-based airline Emirates, has been voted Best Airli ...





New offerings live up to Bosch standards

Bosch Power Tools and Accessories recently introduced two categories of tools, namely the 18 V and 14.4 V Li-ion platforms and the CS5 circular saw considered ideal for demanding framers, roofers and deck builders. Bosch’s first Litheon-powered offerings in the popular 18 V and 14.4 V size ranges build on the success of award-winning 36 V and 12 V Max...

Hilti training centre opens

The Hilti regional office for the Middle East and South Asia region based in the Jebel Ali Free zone ...

DeWALT facility to boost growth

DeWALT, a market leader in portable electric power tools, has reached another milestone. The compan ...





New Borealis grade simplifies operations

Plastics solutions provider Borealis, majority owned by an Abu Dhabi firm, has introduced a new grade of Borstar random polypropylene (PP) with a unique combination of flow and transparency. “Borstar RJ900MO was developed to meet the packaging market need for shorter cycle times, transparency and mechanical properties in applications such as house- and...

Gulf Pack show set for April

Gulf Pack 2009, to be held in Dubai from April 6 to 9, will showcase environmentally sustainable pac ...

Algerian dairy uses combiSwift

Algerian dairy firm Tchin Lait has opted for SIG Combibloc Obeikan’s combiSwift packaging. SIG C ...

Borstar capacity expanded

Borealis has expanded the capacity of its leading-edge, customer-oriented polypropylene (PP) packagi ...

PA alters line for more sizes

A design enhancement to an existing filling and sealing line means it can accommodate a wider range ...





Packaging show lines up great attractions

Emballage, the world packaging exhibition to be staged in Paris this month (November) has lined up attractions aimed at raising awareness of new products, gaining greater understanding of packaging issues and facilitating interaction between manufacturers and buyers. Highlights will be the Trends Area, the Pack Vision conferences and Gold Meetings. The...





Top professionals to discuss key topics

Serious issues linked to power generation and water desalination in the Gulf’s most populous state will come to the fore at the Saudi Water & Power Forum 2008 which convenes at the Jeddah Hilton from November 1- 4. Discussions will include investments for expanding capacities at power and water plants, technologies and environmental aspects relevant...

A galaxy of speakers at event

A galaxy of speakers from across the world will be on hand at the Saudi Water & Power Forum in J ...





ADSB, Rolls-Royce sign waterjet deal

Abu Dhabi Ship Building (ADSB) and Rolls-Royce Marine Middle East recently joined hands to set up a Waterjet Centre of Excellence in Abu Dhabi to provide support services to ADSB customers in the Gulf. ADSB is the only naval shipyard in the Middle East providing both build and support services for all GCC naval vessels. Rolls-Royce will work with the...

MIS to build rigs for MENAdrill

The Maritime Industrial Services (MIS) Company yard in Sharjah has been awarded a contract for ...

Bhel wins repeat order from UAE firm

India’s top producer of products for power projects is implementing an export contract received fr ...

US firms seek increased ME sales

American manufacturers of plant, machinery and construction vehicles are looking to the building boo ...

Toolcat 5610 versatile for utility work

Bobcat recently announced the launch of its Toolcat 5610, a new model in the company’s line of uti ...





Tasnee projects make headway

National Industrialisation Company or Tasnee is in the process of making major headway in the chemicals and plastics field with two projects in the final stages of completion. Its Saudi Polyolefins Company (SPC) affiliate in Jubail, which is undergoing a capacity expansion to 720,000 tonnes per year of polypropylene from the current level of 450,000...

Sabic unveils automotive products

Sabic Innovative Plastics and Sabic PP Automotive are introducing Sabic’s expansive, world-class p ...

EASI wins German award

Quadrant Plastic Composites, voestalpine Polynorm and Bekaert are recipients of the AVK (German Fede ...

Trespa offers largest panels

Trespa International, a leading manufacturer of high-quality architectural panels for exterior cladd ...

New profiles work well for masks

To increase precision, safety and usability for patient immobilisation during radiation therapy, Orf ...





Pan Gulf setting up major projects

Saudi-based Pan Gulf Holding has announced it is in the process of launching three major industrial projects in collaboration with international companies as part of its ongoing expansion and restructuring strategy. The new projects will be set up at an investment of $264 million with the aim of “nationalising” products that currently are being...

Pan Gulf, a versatile group

In 1978, Fahad Al-Saja and Khaled Al-Hamdan laid the foundation of Pan Gulf Company with the specifi ...

GSW optimistic about growth

Gulf Steel Works (GSW), which has supplied to top-level EPC contractors, is working toward gaining a ...

PGIS considering expansions

Pan Gulf Industrial Systems (PGIS), a wholly owned subsidiary of Pan Gulf Holding, has said it is lo ...





Silverwing chooses JLT testing unit

Non-destructive testing equipment specialist Silverwing UK has chosen the rugged JLT fixed-mount PC for its FloormapVS2i advanced oil and petrochemical storage tank inspection device that detects corrosion using magnetic flux leakage (MFL). Supplied by JLT value-added reseller partner Rugged Mobile Systems, Silverwing UK selected the 12.1-inch touch...

Sumitomo transceivers now have long reach

Sumitomo Electric Industries Ltd, a leader in optical solutions, has announced that it is expanding ...

Ultra-fast EBSD system launched

Bruker AXS Microanalysis has announced the European launch of several new products and options for S ...

Atlas Qapco achieves rebranding

Over the past decade, Atlas Copco has purchased five rental companies with each of the companies con ...

Valve company makes it big

Oliver Twinsafe Valves has just finished producing the largest valve in its history. The product ha ...





Qafco’s melamine project advancing

A Qatar Fertiliser Company (Qafco) revamp project for its first urea plant is making headway and is scheduled for completion by the end of this year. The increase in urea production from 1,300 to 1,610 tonnes per day will be integrated into the up and coming melamine plant whose completion is set for the second quarter of 2009, said Qafco industrial...

Qatari-Korean firm making panels

A Qatari-Korean joint venture firm has commenced manufacturing in Doha corrugated core panels and co ...

Qapco poised for big ethylene output

Qatar Petrochemical Company (Qapco) and its subsidiaries are on the threshold of significant develop ...

Osho engaged in Qatar projects

Qatar projects keen to maintain high safety standards and improve efficiency have contracted a Bahra ...

QSTP emerging as top R&D hub

New research initiatives, new tenants and the handing over of the first grants under the Proof of Co ...





Global steel output declines

Global crude steel production sank 3.2 per cent in September to 108.4 million tonnes in the 66 countries reporting to the World Steel Association, formerly known by its acronym IISI. “In September 2008, the world crude steel production moving annual total (MAT) growth rate further slowed to 4.7 per cent from 5.6 per cent in August,” the association...

Plant start-up postponed

China’s Shougang Group has postponed the start-up of a new steel mill on the coast of northern Chi ...

Another decline in US factory activity

An index of US factory activity has declined for four straight quarters and indicates the pace of ac ...

UK sees itself entering recession

Britain’s economy is probably entering its first recession in 16 years, and the outlook has not wo ...





Calendar of events

GI updates you with the latest calendar of events from the Middle East and...





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