Egyptian Steel?s production capacity is expected to reach two million metric tonnes by 2017. (Image source: JWPhotoWerks/Flickr)
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 will own a 40 per cent stake in the antimony metals roasting and processing facility. (Image source: Tri-Star Resources)
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
In 2012, fertiliser production capacity of the six GCC nations was about 31.4mn tonnes. (Image source: Wikimedia commons)
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
Drake & Scull CEO Khaldoun Rashid Tabari. (Image source: Drake & Scull)
Drake & Scull International (DSI) has won a US$68.3mn engineering contract for a government facility in Abu Dhabi
Siemens has expanded its low- and medium-voltage panel manufacturing facility in Jeddah to more than 6,000 square metres
