Many of you may already know that an Iranian lawmaker on Tuesday said his nation's military was set to practice closing the strategic Strait of Hormuz as part of upcoming military exercises. What you may not know is why that matters to ...
Tags: Metallurgy, Mineral, Energy, oil
RIYADH: Saudi Arabia and the UAE have been rated as top investors in the GCC wood products industry, according to latest data. Gulf states' investments in the industry reached $478 million last year, said a report released by the Gulf ...
Tags: market view, wood, investment
Oman Cement is weighing moves to boost its cement grinding capacity to keep pace with escalating demand for a commodity deemed vital for the nation s continuing infrastructure modernisation. Towards this end, the company has floated a ...
Tags: cement
Pipe demand in Oman is weak as economic activity is slowing due to the upcoming Ramadan period and summer holidays. Prices are unchanged from mid-July but a small increase in pipe making raw material costs is squeezing producers' profit ...
Tags: pipe