Mercedes-Benz delivers 250 trucks to Iraq
Mercedes-Benz recently delivered 250 of its Actros trucks to Iraq's State Company for Automotive Industry (SCAI) to assist in reconstruction...
Business
Saudi Arabia aims for 10% of the global petrochemical market
With its rich natural resources, Saudi Arabia is maintaining its progress in both the oil and nonoil sectors. "The Kingdom...
Saverglass builds Dh342 million plant in the UAE
Building its first plant out of France, Saverglass - world specialist for manufacturing and decorating luxury bottles - has announced...
Netherlands and Romania to open consulates in Kurdistan region of Iraq
The Dutch and Romanian governments have decided to open consulates in Kurdistan region, according to an official statement. This came...
New car sales in Lebanon up by 10.8%
According to data compiled by the Association of Car Importers in Lebanon, the number of newly registered cars stood at...
A new $16billion industrial city in Bahrain
Having long recognised the need to diversify its economy away from oil, the Kingdom was one of the first Gulf...
GCC aluminum production nears 5m tons/year by 2013
The Gulf Aluminum Council (GAC) indicated that the overall production capacity of aluminum smelters in the Gulf Cooperation Council (GCC)...
Fluor wins Saudi aluminum plant contract
Engineering and construction company Fluor Corporation has won contracts worth more than $1 billion for an aluminum plant in Saudi...
Bahrain’s Alba hires BNP Paribas for $2.5 billion expansion
Aluminum Bahrain BSC , which owns the world's fourth-largest aluminum smelter, announced that it has hired BNP Paribas to advise...
UAE 3rd most competitive economy in Middle East
The UAE ranks as the third most competitive economy in the region after Qatar and Saudi Arabia, according to the...
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