Saudi Arabia's steel industry to firm up 9% during 2012-15
Saudi Arabia has become one of the favorite destinations for the steel majors due to thriving construction sector, and soaring...
Business
GCC to raise global share of aluminum output to 15%
The Gulf Cooperation Council (GCC) will boost their share of global aluminum output to 15 percent by the end of...
Iraq re-invites bids for 44,000 tons of steel products
Iraq has reportedly re-invited bidders to supply 44,000 metric tons of steel products, having received no bids when it first...
Kurdish – Dutch business association launched
AKnews reports that a Kurdish-Dutch business association has been established in Amsterdam to enhance economic and financial relations between the...
Sabic and Exxon Mobil to proceed with $3.4 billion elastomers project in Jubail
Saudi Basic Industries Corporation (Sabic) and affiliates of Exxon Mobil announced that they will construct an elastomers facility at the...
GCC petrochemical production capacity hits 116 million tons
Petrochemical firms in the Gulf Cooperation Council (GCC) region increased their total production capacity to more than 115.994 million tons...
GCC fertilizers products expected to reach 32 million tons by 2016
Total production of GCC fertilizers products is expected to reach nearly 32 million tons by 2016, compared to 21 million...
GS Engineering and Construction wins $1.8 billion Saudi deal
South Korea's GS Engineering and Construction announced that it has won a US$ 1.8 billion deal to build four petrochemical...
New car sales in Lebanon up by a yearly 14.3% in the first five months of 2012
According to data compiled by the Association of Car Importers in Lebanon, the number of newly registered cars stood at...
Iraq negotiating with Nissan Motors for establishing a complete factory
The Iraqi Automobile Company's director general disclosed that negotiations are underway with the Japanese company Nissan to sign a partnership...
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