Saudi car sales to hit SR 94 billion by 2013
Saudi Arabia has ambitious plans to further expand its lucrative automobile industry. In 2011 alone, the Kingdom announced the sale...
Business
Lebanese industrial exports at $1.3bn in first five months of 2012
Figures released by the Ministry of Industry show that industrial exports totaled $1.3bn in the first five months of 2012,...
More than half of GCC population under age 25
The countries of the Gulf Cooperation Council (GCC) have a low population compared with other regions, totaling 45 million people...
Saudi Arabia's steel industry to firm up 9% during 2012-15
Saudi Arabia has become one of the favorite destinations for the steel majors due to thriving construction sector, and soaring...
GCC to raise global share of aluminum output to 15%
The Gulf Cooperation Council (GCC) will boost their share of global aluminum output to 15 percent by the end of...
Iraq re-invites bids for 44,000 tons of steel products
Iraq has reportedly re-invited bidders to supply 44,000 metric tons of steel products, having received no bids when it first...
Kurdish – Dutch business association launched
AKnews reports that a Kurdish-Dutch business association has been established in Amsterdam to enhance economic and financial relations between the...
Sabic and Exxon Mobil to proceed with $3.4 billion elastomers project in Jubail
Saudi Basic Industries Corporation (Sabic) and affiliates of Exxon Mobil announced that they will construct an elastomers facility at the...
GCC petrochemical production capacity hits 116 million tons
Petrochemical firms in the Gulf Cooperation Council (GCC) region increased their total production capacity to more than 115.994 million tons...
GCC fertilizers products expected to reach 32 million tons by 2016
Total production of GCC fertilizers products is expected to reach nearly 32 million tons by 2016, compared to 21 million...
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