GS Engineering and Construction wins $1.8 billion Saudi deal
South Korea's GS Engineering and Construction announced that it has won a US$ 1.8 billion deal to build four petrochemical...
Business
New car sales in Lebanon up by a yearly 14.3% in the first five months of 2012
According to data compiled by the Association of Car Importers in Lebanon, the number of newly registered cars stood at...
Iraq negotiating with Nissan Motors for establishing a complete factory
The Iraqi Automobile Company's director general disclosed that negotiations are underway with the Japanese company Nissan to sign a partnership...
IPIC and OOC to build a refinery and petrochemicals complex in Oman
Oman Oil Company (OOC) and International Petroleum Investment Company (IPIC) announced the formation of a 50-50 joint venture company to...
High oil income raises Saudi automotive sector hopes
The National Commercial Bank (NCB) report titled "Automotive Sector to Resume Expansion in the Medium Term" discusses the shifting trends...
GCC petrochemical sector strengthening its position globally
The petrochemical sector in the GCC continues to strengthen its position globally with increased production and regional players are also...
Qatar to bid for 2024 Olympic Games
Qatar will bid to host the 2024 summer Olympics, despite having failed to make the cut for the 2016 and...
Saudi Petrochem and Arabian Chevron Phillips start new polymer plant
also know as Saudi Petrochem, and Arabian Chevron Phillips Petrochemical Co. have started operations at their polymer plant in Jubail...
GCC’s petrochemical capacity grows by 13.5%
Petrochemicals production capacity in the six member Gulf Cooperation Council (GCC), grew 13.5% year on year in 2011 to 116...
GCC population put at 46.9 million
The total population of Gulf oil producers gained nearly 17 million in 10 years to reach 46.9 million at the...
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