Saudi Arabian Mining Company (Maaden) has announced that it has awarded a contract to build an ammonia plant worth US$825mn to engineering and construction group Daelim Industrial and Daelim Saudi Arabia
Manufacturing
Jindal Steel to commission steel plant in Oman
Jindal Steel and Power (JSP) will commission a two million tonnes per annum capacity plant in Oman in October 2013, which the company claims will be the largest steel plant in the Gulf
Emirates Steel eyes oil and gas sector
Emirates Steel has revealed plans to develop structural steel with enhanced mechanical properties that is often required in offshore oil, gas and petrochemical projects
Oman cement firm plans expansion into Somalia and Yemen
Oman-based cement manufacturer Raysut Cement has revealed plans to expand into Somalia and Yemen in an attempt to tap into the growing number of opportunities in both markets
Mexico?s Cemex plans upgrade of Egyptian plant
Mexican cement company Cemex has announced plans to invest US$100mn in Egypt in an attempt to upgrade its operation in the North African country