Raysut Cement chief executive Joey Ghose. (Image source: Raysut Cement)
Following a letter of intent (LoI) it signed early this year with Sohar Cement Factory LLC?s shareholders, Oman?s largest cement manufacturer and one of the GCC?s largest, Raysut Cement Company has announced the acquisition of Sohar Cement Factory LLC at a value of US$60mn
Initiatives are being implemented to improve business environment, reduce operational costs and increase demand for local product. (Image source: ????????? ????????/Adobe Stock)
The industrial sector in Abu Dhabi has witnessed a rise as the growth rate of manufacturing industries increased to 5.9 per cent and 42 industrial facilities entered production with a total investment of US$3.35bn
The new strip steel aims to contribute to stronger equipment with increased performance in the lifting and transportation sectors. (Image source: SSAB)
SSAB has launched Strenx 1100 Plus strip steel, aiming to provide high-quality welding and bending performance in booms, frames, cranes and other lifting equipment
The XENON1T detector with its low-background cryostat is installed in the centre of a large water shield to protect the instrument against cosmic ray backgrounds. (Image source: XENON1T collaboration)
New York University Abu Dhabi (NYUAD) researchers are part of an international team of scientists who have introduced XENON1T detector, which directly measures the rarest nuclear decay process ever recorded by a detector
Economic diversification efforts in the GCC continue but fiscal consolidation is still suppressing construction activities. (Image source: marcin049/Pixabay)
Global steel demand is projected to reach 1,735 metric tonnes (mt) in 2019, up 1.3 per cent from 2018, and 1,752 mt in 2020, according to a report by the World Steel Association (worldsteel)
