Proton Energy Systems announces joint venture
Proton Energy Systems announced a joint venture with SupplyCore Middle East to provide on-site hydrogen generation and control solutions to Saudi Arabia and the region.
Manufacturing
ABB system helps cut water leaks in Saudi Arabia
ABB FlowMaster flowmeters are helping the Saudi Arabian capital, Riyadh, to cut leakage in the water distribution network by around 40 per cent.
Emirates Steel Industries in US$1.1bn finance deal
Al Khalij commercial Bank (Al Khaliji) Q.S.C and its subsidiary, Al Khaliji France S.A have announced their participation in a US$1.1bn, seven-year financing deal for Abu Dhabis Emirates Steel Industries (ESI).
Cable manufacturing plant earmarked for Libya
Egyptian group, El Sewedy Cables, has reportedly revealed it is due to set up a US$50m cable manufacturing plant in Libya by the end of 2011.
Egyptian glass manufacturer stake bought
Kuwait based Investment company, North Africa Holding Company (NorAH), has announced that it has acquired a 50 per cent stake in Kandil Glass, one of Egypts leading manufacturers of glass containers.
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