Features
Kuwait awards $18.39bn projects

Kuwait's project activity in 2016 remained relatively healthy at KD5.6 billion ($18.39 billion), though it eased somewhat from exceptionally strong years in 2014 and 2015. Awards in 2016 continued to exceed levels seen before 2014, when the projects pipeline had witnessed significant delays due to administrative and technical challenges, according to a...

Kuwait projects $25.9bn deficit next fiscal

Kuwait's government projects a budget deficit of KD7.9 billion ($25.9 billion) in the new fiscal ...

Asar helps Kuwait set up $8bn issue

AI Ruwayeh & Partners (Asar), a leading corporate law firm said it had acted as law counsel ...

Kuwait to set up largest children’s hospital

SSH, one of the leading master planning, infrastructure, building design, construction supervision a ...

Hempel opens new factory in Kuwait

Hempel, a leading paint manufacturer, inaugurated a new factory in Kuwait to meet increased demand a ...





Wacker is in good shape

German specialty chemicals maker Wacker Chemie has reported that it met its sales target and exceeded its earnings expectations in 2016. However, it fears that its earnings this year may shrink as the spiralling cost of raw materials eats into its profit. “We are... facing headwinds from raw-material prices. At present, they are rising significantly...

Continued growth in Mideast seen

German chemical company Wacker Chemie continues to see the Middle East region as a growing market, r ...

Expanding production capacities worldwide

Wacker Chemie’s one of the priorities of investing activities last year remained the comp ...





Kizad shows stable growth in 2016

Investments at Khalifa Industrial Zone Abu Dhabi (Kizad) went a notch up last year as it expanded, contributing 3.2 per cent of Abu Dhabi’s non-oil growth and furthering the emirate’s economic diversification plans. 2016 also marked a year of important agreements and partnerships for Kizad, which registered stable growth in leasing activity...

Schmidt opens ME HQ in Kizad

Schmidt Middle East logistics, a wholly owned company by Schmidt Heilbronn, a world leader in dry bu ...





Masa defends pharma facilities

Saudi Arabia’s rapidly growing pharmaceutical and healthcare sector offers many attractive opportunities not only to the business investors but also to pests such as crawling insects, flying insects and rodents. The pharma businesses and healthcare facilities always necessitate utmost quality commercial pest control as they cannot risk possible...

Masa, the pest control leader

Masa Establishment, based in Jeddah and owned by Mousaied S Al Shieshakly, who also officiates as ge ...

Mena drug market to reach $50bn

The pharmaceutical market in the Middle East and North Africa (Mena) region is expected to grow to a ...

UAE ‘has best ecosystem for halal drugs’

The UAE has been found to have the best developed ecosystem for producing Halal pharmaceuticals, in ...

Martek, Nautilus in healthcare survey

Global maritime technology innovator Martek Marine has teamed up with maritime professionals’ ...





GE centre to help reduce emissions

GE has announced its new global Powering Efficiency Center of Excellence (COE), which brings together cross-business experts in its energy businesses to apply a total plant hardware and software solution approach to boost the efficiency of the world’s new and existing coal-fired power plants and significantly reduce their emissions. The global COE,...

GOIC to hold course on green industries

The Gulf Organization for Industrial Consulting (GOIC) will organise a training course entitled &ldq ...

Global AQCS market to hit $12.8bn by 2020

The global Air Quality Control System (AQCS) market is set to grow from $9.7 billion in 2016 to arou ...





Qatar’s material supply gets a boost

Aurecon, a global engineering and infrastructure advisory company, played a key role in designing solutions that ensured the Qatari construction industry a steady and reliable supply of gabbro, a construction material for concrete and asphalt. The company provided the vital design, delivery, advisory and asset management services to Qatar Primary Materials...

QNCC to commission two new cement mills

QATAR National Cement Company (QNCC) is set to commission two cement mills during the first half of ...

EGA, Arkan in a test project

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, and ...

Arkan shuts plant, consolidates biz

Arkan, a leading building materials industrial conglomerate, has announced its decision to permanent ...

Rate hike may push up property prices

An increase in building materials price could push up the prices of apartments, villas and office sp ...





AkzoNobel marks $3bn in fuel savings

Ship owners and operators using the Intersleek range of biocide-free marine coatings supplied by AkzoNobel have achieved fuel savings worth a combined total of $3 billion since the technology was first introduced 21 years ago, the company said in a statement. The company said that more than 5,500 vessels have been coated with the company’s Intersleek...

Hempel opens flagship showroom in Jubail

Hempel Paints, a global supplier of marine, protective and decorative coatings, said the company has ...





KAEC inks $426m project contracts

King Abdullah Economic City (KAEC), the world’s largest privately-funded new city, said it had awarded contracts worth SR1.6 billion ($426 million) for its upcoming residential and industrial development projects in 2016. Located on the west coast of Saudi Arabia, KAEC covers an area of 181 sq km, approximately the size of Washington DC. It comprises...

KAEC, Petro Rabigh launch association

King Abdullah Economic city (KAEC), a special economic zone on Saudi Arabia's Red Sea coast ...





Agility buys warehouse in S’pore

Agility, a leading global logistics provider, has acquired a two-storey warehouse close to Changi International Airport, giving it more than 600,000 sq ft of warehouse space in total in Singapore. The newly acquired 177,000-sq-ft warehouse is located in an area with access to an array of logistics services and two major expressways, said a statement from...

DP World net income tops $1 billion

Dubai-based global marine terminal operator DP World has announced strong financial results from its ...

Consortium to use DP World’s UK ports

Global container shipping consortium ‘The Alliance’ has announced that all of its mainli ...

Mid-range boats keep global market afloat

The small to mid-range luxury boats market is the lifeblood of the marine industry keeping the marke ...

Working towards zero-breakdown port

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port (KBSP) in Hidd region of the Kingdom ...





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