Annual retail sales top $66 billion in the UAE
The GCC continues to show strength as a dynamic retail market with four countries ranked among the top 25 in...
Business
4 firms to build $1 billion pipes plant in Saudi Arabia
Four companies from four countries -- Saudi Arabia, Germany, Czech and India -- have formed an alliance to build a...
Industrial investments in Qatar Reach $68 billion
The Minister of Energy and Industry Dr. Mohammad Bin Saleh Al Sada said that the ministry had provided a distinct...
Saudi car imports hit $20.5 billion
Saudi Arabia imported 981,000 cars in 2012 valued SR77 billion ($20.5 billion), or 13 percent of total Saudi imports in...
Saudi Arabia to excavate 500,000oz of gold
Saudi Arabian Mining Company ( Maaden ) is planning to excavate 500,000oz of gold across the Kingdom, including in Madinah...
Private health care attracting Omanis
A two-pronged drive to tackle the rise of lifestyle diseases in Oman and broaden the range of medical facilities available...
New factory to manufacture Nimr vehicles in Abu Dhabi
Tawazun Holding 's vehicle manufacturer Nimr Automotive held a groundbreaking ceremony for its new integrated facility for production of Nimr...
Aluminum Scrap generated in the Middle East estimated to reach 500,000 MT by 2015
Mining is the most important industrial activity driving the global economy today, with 10-12 per cent direct and 40-50 per...
Saudi Arabia largest consumer of steel in the GCC
Saudi Arabia's steel demand has made the country one of the largest consumer in the GCC region. The country also...
Aramco to invest $100 billion in downstream projects
Saudi Aramco said its downstream investments would exceed $100 billion over the next decade, as global demand for oil rises...
The resource of credible, industry-specific updates