A report by Deloitte said that in terms of production and investment opportunity, the Middle East is set to become a key player in the metals and mining industry.
Middle East to become a major player in mining industry
Manufacturing
New manufacturing facility launched in Jubail
SAUDI FAL and Emerson launched a new 9,000sqm manufacturing facility in Jubail to meet rising local and regional demand.
Iraq to build a US$1.1 billion smelter plant
The Kurdistan Regional Government (KRG) has licensed an Iraqi firm to build a smelter and steel plant worth nearly US$1.1 billion.
Jotun seeks Bahrain growth
Jotun Powder Coatings is currently eyeing Bahrain as its key market in 2011. The company has a 70 per cent market share in the GCC region excluding Saudi Arabia, where the Jotun group operates another manufacturing unit based in Dammam.
Manufacturing unit agreement signed with Baytik Industrial Oasis
Baytik Industrial Investments (BII), a wholly-owned subsidiary of Kuwait Finance House - Bahrain (KFH-Bahrain), has announced it has signed an agreement with Siemens WLL Bahrain.
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