Oman Cement has said that its sales dropped by around 6.6% in value terms to $108.5m (OR: 39m) in the first nine months of the year, although profits increased by 2% to $38.6m. Although public spending continues to drive the ...
The World Health Organization said it is targeting 22 million children in the Middle East for polio vaccination after 13 cases of polio were confirmed in Syria. In a joint resolution, all countries of the WHO Eastern Mediterranean Region ...
Tags: WHO, UNICEF, polio, vaccination
Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in October 2013 to 143,388 barrels of oil, corresponding to 4,625 barrels of oil per day (bopd). The total production ...
Tags: Tethys, oil, update, production
Domotex Middle East, which next runs from Nov. 7-10 at the Istanbul Expo Center, is an important marketplace for anyone and everyone with a professional interest in carpets or parquet flooring. Turkey is not only one of Europe's top ...
Tags: Construction, Decoration
AkzoNobel has expanded its presence in the Middle East after acquiring a 50 percent stake and management control of Sadolin Paints Oman SAOC, which employs around 150 people. The company has signed a joint venture agreement with Omar ...
Taiwan's total crude imports in August plunged 22.8% year on year to an average 704,000 b/d due to lower refinery runs, according to data released Monday by Taiwan's Bureau of Energy at the Ministry of Economic Affairs. This was the ...
Tags: taiwan, Construction, Decoration, Crude
Netherlands-based dairy firm FrieslandCampina, German food packaging manufacturer Südpack and Oman-based PET resin and sheet producer Octal have developed a new packaging product for cheese. Made with direct-to-sheet PET (DPET), the ...
Tags: Cheese Packaging, dairy firm
Falcon Insurance Company and Bank Muscat have entered into an agreement to offer life insurance cover to all customers availing consumer loans from the bank in the region. Based on the terms of the agreement, all existing and new ...
Advent International has sold Oxea, one of the largest global manufacturers of Oxo chemicals to the Oman Oil Company (OOC), a commercial company wholly owned by the Government of the Sultanate of Oman The acquisition is subject to ...
Tags: Oxea, Advent International
Oman’s Anvwar Asian Investments (AAI) has settled with Ferrum Crescent to buy a 35% stake in Ferrum Iron Ore. AAI will pay Ferrum Crescent US$10 million for the shareholding and also invest USD 3.5 million to the Moonlight iron ore ...
Tags: Ferrum Iron Ore
Octal, a Oman-based supplier of rigid food packaging material, will supply recyclable DPET/PE trays to Saudi Arabian dairy food firm Almarai's poultry product line, Alyoum. Almarai will replace its traditional polypropylene / polyethylene ...
Tags: DPET/PE Trays, Packaging
Dubai Furniture Manufacturing Company LLC (DFMC), a market leader in premium mattress segment in Middle East, has launched iSeries by Serta at the Hotel Show 2013, to provide cooling, pressure-relieving comfort plus exceptional ...
Tags: Hotel Show, Mattress
Oman Cement Company has awarded a contract to M/s. F.L.Smidth Private Limited to build a cement mill. The company has issued Letter of Intent in this regard and the detailed contract will be finalised soon, it said in a bourse filing. ...
Tags: Cement Mill, Construction
USG, a leading building products company, announced its new brand identity and tagline, "It's Your World. Build It.," which exemplifies the organization's commitment to customers and its strategy for continued growth. Building on the ...
Tags: Construction, Decoration
Toyota Australia has exported its one-millionth car to the Middle East. Made in Altona, Victoria – which was recently earmarked for a $123million upgrade – the white Toyota Camry marked a high point for what Toyota claims has ...