Bissat supermarket expands into a chain in Lebanon, two opened, ten underway
Yehya El Bissat, known for his single, long-standing Saida supermarket, has just begun its nationwide expansion. His company recently opened...
Business
Italy's Campari to buy maker of Grand Marnier cognac
Bob Kuntze-Concewitz, CEO of Campari Group announced that the Italian Group (owned by the Garavoglia Family) has launched a Public...
China to implement three aluminum projects in Iran
China’s Sinosteel Corporation has inked a Memorandum of Understanding (MoU) with Iranian Mines & Mining Industries Development & Renovation, known...
Group of Arab companies asks to establish industrial city in northwest Gulf of Suez with $3 billion investments
Alliance formed of a group of Arab companies including Saudi, UAE, and Lebanese companies, which decided to submit a request...
TSC supermarket announces major expansion in Lebanon
The Sultan Center (TSC), the Kuwait-based supermarket chain, is planning to enhance its presence in the local market by renovating...
Egyptian-Chinese industrial zone to attract $5 billion investment
There are projections that 80 to 100 international companies will invest approximately $5bn in the Egyptian-Chinese industrial zone in Ain...
Saudi Arabian industries feel the pinch
A continued scaling back on energy, feedstock and utilities subsidies is likely to impact earnings in Saudi Arabia’s industrial sector,...
Abu Dhabi looks to metals to build export growth
Rising demand for processed metals, fuelled by regional infrastructure projects, is set to help Abu Dhabi’s industrial sector build new...
Dubai unveils plans for $8.2 billion 'Wholesale City'
Dubai has revealed plans for a AED30 billion ($8.2bn) ‘Wholesale City’ spanning over 51 million sqm. Dubai Wholesale City is...
Siemens to transfer Class F turbine technology to Iran
A five-year agreement for transferring the technology of Class F turbines, as the first step toward making the expertise indigenous...
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