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Saturday 17th, May 2008 -- 10:18 GMT
 Industry
 
UAE petrochemical capacity to treble
 US$40 billion in new investments expected in Gulf chemical and petrochemical sector by  ...
Emirates International Investment Company reveals ambitious AED1.8bn plan to establish six hi-tech cable factories globally
 The company is to build factories in UAE, KSA, Algeria, Romania and Vietnam Abu Dhabi 10 May 2008: As part of its strategy to broaden its international presence and develop its business units, the Emirates International Investment Company (EIIC)  ...
Gulf Finance House to create one of the largest cement companies in MENA region
 Gulf Finance House, the leading Islamic investment bank with a track record for innovation today announces plans to create CEMENA, which is set to become one of the largest cement companies in the Middle East and North Africa. In a deal with an  ...
Emirates Float Glass LLC set to commence operations by mid 2008
 Dubai Investments PJSC, the largest investment company listed on the UAE stock exchange has announced that its Green Field Venture, Emirates Float Glass (EFG) LLC is shaping up well in its bid to become the UAE’s leading integrated glass  ...
Conmix becomes first industrial operator at Dubai Industrial City
 Dubai Industrial City, a member of Tatweer, today welcomed its first industrial operator, Conmix Limited, one of the Gulf’s leading providers of Ready Mix concrete, Pre Mix Plaster and Construction Chemicals for more than 30 years. Two factories  ...
Kuwait’s GIC and global to take up 32.95% stake in Alumco
 Alumco LLC, the UAE’s leading specialized aluminum façade manufacturer and major glass façade processor, has today announced a substantial private equity investment from Gulf Investment Corporation (GIC) and Global Investment House (Global) of  ...
Lighting fixtures market to exceed AED345 billion by 2010 - ME region growing at a CAGR of 7%
 Developments in the industrial, commercial, residential and public lighting segments have boosted the global demand for lighting fixtures that is now set to exceed AED 345 billion by 2010, according to conservative industry estimates*. Epoc Messe  ...
SABIC profits up
 Saudi Basic Industries Corporation (SABIC), reports first quarter 2008 (1Q08) profits of 6.92 billion Saudi Riyals, compared with 6.28 billion Saudi Riyals for the same period in 2007, an increase of 10 percent.  ...
Zamil Industrial announces new JV with Rabiah and Nassar Group
 Zamil Industrial signed a new joint venture agreement with Rabiah and Nassar Group on Wednesday, 9 April 2008, whereby Zamil Industrial acquires 50 percent shares in Rabiah and Nassar Precast Concrete factory (RANCO Precast), based in Riyadh, Saudi  ...
Middle East cosmetics market worth more than AED 7.70 billion
 Consumers in the GCC are appearance conscious and this is related to their state of wellbeing according to a recent research conducted by Epoc Messe Frankfurt, organizers of Beautyworld Middle  ...
Octal Petrochemicals to add 500,000 tpa of PET capacity
 Octal Petrochemicals [www.octal.com] will add 500,000 metric tons of production capacity in PET resins by May 2010, making it one of the world’s largest polyester producers with 800,000 metric tons of annual capacity. Octal Chairman Sheikh Saad  ...
Qatar: FPI wins new US$138 million contract to supply pipe systems
 Dubai-based Future Pipe Industries Group (FPI), the leading global manufacturer of large-diameter fiberglass pipe systems, has won a major new contract to supply Fiberstrong fiberglass pipes and fittings for Phase 2, category II, of the project to  ...
Emirates Glass completes supply of premium glass to Etihad terminal at Abu Dhabi airport
 United Arab Emirates: Emirates Glass LLC (EGL), one of the leading processors of architectural flat glass in the Middle East and a subsidiary of Glass LLC, which is wholly owned by Dubai Investments (DI), has announced that it has successfully  ...
Saudi Arabia: General Authorities of Civil Aviation awards SR 1.5 million contract to Jotun Paints
 Jotun Paints, one of the world's leading producers and suppliers of paints and coatings, announced that it has secured an SR 1.5 million contract with the General Authorities of Civil Aviation (GACA) in Saudi  ...
Scania increases presence in Arab markets on the Gulf
 Scania is establishing an industrial facility in Dubai for bodyworking and equipping complete vehicles. “From here we will deliver high-quality fully built vehicles that are adapted to the requirements and operating conditions that apply in the  ...
   
 
Gypsemna setting up a world-scale  ...
Arabian Gulf Mechanical Centre (AGMC)  ...
Al Jaber Group seals $220 million deal  ...
US$50 million RAK Steel factory  ...
New Chemicals Industrial City planned  ...
RAK Ceramics net profit surges to AED  ...
Rubber World Industries expects to  ...
Dubai: Diamond trade  ...
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