GCC controls 11% of the $600 billion global petrochemical industry
The Gulf petrochemicals industry continues to be the world's largest producer and exporter, offloading the majority of its output to...
Business
Arab fashion posts 400% growth
Arab fashion industry has registered a solid growth of more than 400 per cent over the last decade with the...
Paris Gallery set to open five franchise stores in Iraq
Paris Gallery has planned to open five franchise stores in Iraq in the next three years and first one will...
New car sales in Lebanon up 7.4%
New car sales rose 7.4 percent in the first eight months of 2012 as 27,832 units, including commercial vehicles, were...
Ma’aden gets $320 million financing for aluminum project
Saudi Arabian Mining Co (Ma’aden) said it had signed financing agreements worth $320 million with a Saudi government fund to...
Holcim Liban declares net profits of $9.1 million
Holcim Liban, one of Lebanon’s leading cement producers, declared net profits of US$ 9.1 million in the first half of...
Samsung Engineering wins Aramco lubricants JV expansion
South Korean group Samsung Engineering is to double the capacity of a Luberef oil lubricants refinery in Yanbu that is...
Saudi automotive sector to hit $7 billion
The Saudi automotive industry is projected to reach around SR26 billion ($7 billion) in the coming years, industry experts said....
Saudi franchising sector most promising in Mideast
Franchising is positioned for explosive growth in countries scattered throughout the Middle East, Francorp said in a report, with new...
UAE automotive market to grow around 23%
The UAE automotive market is expected to record a significant 23 per cent growth in 2012 against nine per cent...
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