Maaden and Alcoa signed financing agreements for the second phase of the US$10.8 billion Maaden Bauxite and Alumina Company joint venture.

Siemens WLL's new Middle East Service Centre for Metallurgical Services will be based at Bahrain International Investment Park in Salman International City, Bahrain.

Modular Wiring Systems, a subsidiary of electrical cable manufacturer Tratos Ltd., has opened its first overseas office in Dubai's Jebel Ali Free Zone (Jafza).

Emirates Aluminium (Emal) unveiled the ground breaking of its Phase Two development expansion project which is worth US$4.5 billion.

The Saudi unit of ArcelorMittal will start producing in the first half of 2012 at its new mill at Jubail.