The UAE?s Moon Iron and Steel Company (MISCO) has announced that its billet manufacturing and rebars production facility in Oman is expected to become operational in 2015
Manufacturing
Al Ghurair Group opens new aluminium fabrication plant in Jebel Ali
Al Ghurair Group has opened up a new aluminium fabrication plant in Jebel Ali, Dubai, which will initially supply sun roof tops for automobile manufacturers such as Land Rover, Nissan and Hyundai
Egyptian Steel planning for IPO in 2015
Manufacturer Egyptian Steel has announced that it has planned for an initial public offering (IPO) in 2015 and expects to float up to 30 per cent of its shares in the local stock market
Tri-Star Resources to set up metal roasting facility in Oman
UK-based Tri-Star Resources has signed a Memorandum of Understanding (MoU) with the Oman Investment Fund (OIF) and Dubai?s Castell Investments for the establishment of a US$60mn antimony metals roasting and manufacturing facility in Freezone Sohar, Oman
GPCA expects GCC fertiliser production capacity to rise by 47 per cent
The Gulf Petrochemicals and Chemicals Association (GPCA) has estimated that the GCC fertiliser industry?s production capacity will increase by 47 per cent from 2012 levels to 46.6mn tonnes by 2018