Business & Management

Oman Chlorine affiliate to set up new plant in Abu Dhabi

640px-Chemical Plant Western ReclamationOman Chlorine has announced that its joint-venture company Union Chlorine plans to set up a US$70mn chemical plant in Abu Dhabi

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Dubai DED introduces new licensing rule for business owners

dubai businessThe Department of Economic Development (DED) in Dubai has introduced a new rule giving permission to business owners in the emirate to operate across the industrial, commercial and professional services sectors with a single licence

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AkzoNobel to buy 50 per cent stake in Sadolin Paints Oman

AkzoNobel HQNetherlands-based paints manufacturer AkzoNobel has signed a joint venture agreement with Oman’s Omar Zawawi Establishment (Omzest) to acquire a 50 per cent stake in its Sadolin Paints business

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Dubai’s DAMAC Properties plans IPO

20131007 Mr-Hussain-SajwaniDubai-based real estate developer DAMAC Properties has planned to raise US$500mn through an initial public offering on the London Stock Exchange before the end of this year

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IDB to set up cheese manufacturing facility in Saudi Arabia

cheeseThe Irish Dairy Board (IDB), a cooperative enterprise of farmers, has announced plans to build a cheese manufacturing facility in Saudi Arabia, which would serve as its hub in the Middle East and North Africa (MENA) region

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