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Siemens to expand its presence in Saudi with a land lease deal.

Siemens Energy signed a land lease agreement with Saudi Industrial Property Authority (MODON) that will see the German company build a US$3mn manufacturing and service facility in Dammam Industry City.

The GCC is poised to become a primary aluminium production powerhouse over the next decade and expectated to contribute to over 13 per cent of the worlds aluminum production by 2013.

The GCC is poised to become a primary aluminium production powerhouse over the next decade and is expected to contribute over 13 per cent of the worlds aluminum production by 2013.

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