Business & Management
Westminster secures US$3 million security deal in Middle East
UK defence company Westminster Group has secured a US$3mn contract to supply high-technology scanning equipment for counter terrorism operations in the Middle East
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Bill Gates leads US$1 billion investment in Orascom
Orascom Construction Industries has announced that Comprising Cascade Investment, an investment vehicle owned by Microsoft founder Bill Gates and other US firms, has invested US$1bn into the Egyptian company
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UAE firm signs deal to develop power plants and mines in Turkey
TAQA, Turkey’s Electricity Generation Company (EUAS) and the Turkish government have signed an agreement for the development of power plants and mines in Turkey
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GPCA reveals 2011 UAE petrochemicals capacity expansion data
Data collated from 2011 by the Gulf Petrochemicals & Chemicals Association (GPCA) has revealed that the UAE’s petrochemicals capacity amounted to 6mn tonnes during the year
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New joint venture to build US$517 million butanol plant in Jubail
A three-way deal to establish the Saudi Butanol Company at Jubail Industrial City in Saudi Arabia has been signed between the Saudi Kayan Petrochemical Company, Sadara Chemical Company and Saudi Acrylic Acid Company
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