Jovani Fashions Ltd. is taking their internationally recognized brand to the next level with the opening of their first ever franchise in the Arabian Gulf—an area that has become a hot spot for all things luxury. As the "Heart of ...
Tags: Apparel, Accessories
The US saw its biggest ever yearly rise in oil production last year as its booming shale oil industry continues to transform the global oil market, BP said Wednesday. At the same time, global proven oil reserves continue to grow and are ...
The GCC s cement companies witnessed a double-digit rise in both turnover and profit during the first quarter of 2013 as demand continued to rise. An analysis of the results of the GCC s listed cement companies by Kuwait s Gulf Investment ...
Tags: Cement Sector, Construction
The petrochemical production by the six-member Gulf Cooperation Council (GCC) comprising of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman has risen by 5.5 percent in 2012, according to the Annual Report released ...
Tags: Petrochemical Output, Textile
Kuwait will increase its oil production capacity to about 3.6 million b/d by 2022, according to a study by the emirate's Diplomatic Center for Strategic Studies (DCSS). The official KUNA news agency reported Wednesday that the study said ...
Tags: Oil, Metallurgy, Mineral, Energy
Spanish seamless tube and pipe producer Tubos Reunidos has announced it will open a new commercial office in Dubai in order to lead the group's commercial activities in the UAE, Qatar, Kuwait, Oman and Iraq. Tubos Reunidos aims to satisfy ...
Tags: seamless tube, Metallurgy, Mineral, Energy
Saudi Aramco boosted its crude production to a record 9.506 million b/d in 2012, excluding blended natural gas liquids, up 5% from 9.068 million b/d in 2011, the company said in its latest annual report. "During 2012 at Saudi Aramco, we ...
Tags: Saudi Aramco, Crude Output
The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
Kuwait's government has accepted the resignation of the country's oil minister, Hani Hussein, the official KUNA news agency reported Monday. Sheikh Mohammed Abdulla, minister of state for cabinet affairs and for municipal affairs, issued ...
Tags: Kuwait, Oil, Hani Hussein
Global money transfer brand Xpress Money is offering free life insurance coverage for its Indian expatriate customers, who send money from the UAE, Kingdom of Saudi Arabia, Oman, Qatar, Kuwait and Bahrain. Xpress Money vice president and ...
Tags: Xpress Money, Free Insurance
MEGlobal set its June North American Benchmark price for monoethylene glycol at 63 cents/lb, a rollover from May, a company source said Friday. Market players said Friday there was also talk that other US producers could keep prices flat ...
Tags: MEGlobal, MEG Benchmark
Vietnamese Prime Minister Nguyen Tan Dung has agreed in principle to the construction of a huge refinery and petrochemical complex by Thailand's PTT in the central Vietnamese province of Binh Dinh, a senior regional politician said Sunday. ...
Tags: PTT Vietnam, PTT
Turkey exported 297,470 tons of wire rods in the first quarter of this year with average prices of US$608.69/ton FOB, according to data released by the Turkish Statistical Institute (TUIK). In the first quarter of this year, Singapore was ...
Tags: Wire Rods Exports, Wire Rods
Huawei's CEO hasn't spoken to the press in 26 years After 26 years at the helm of Huawei, the company's CEO and Founder Mr. Ren Zhengfei, has given his first ever press briefing outlining Huawei's business ambitions including addressing ...
Tags: Huawei, cellphones, Ren Zhengfei
The largest ever gathering of Lamborghini supercars will set off in Italy today, as 350 cars take part in the brand’s 50th anniversary grand tour from Milan to the Raging Bull’s headquarters in Sant’Agata Bolognese. ...
Tags: Lamborghini, sport cars