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Gulf Cooperation Council
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More FTA Deals in 2017
Jan 1, 2017China plans to seal free trade agreements with 40 percent of the countries and regions along the Belt and Road Initiative in 2017, officials said on Tuesday. The nation had already established FTAs or is in talks with 25 countries and ...
Tags: FTA, Belt and Road
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Smoothie King Opens First Store in Dubai
Sep 6, 2016Smoothie King is proud to announce its expansion into the Middle East, with the opening of its first location in Dubai on September 1, 2016. Through its partnership with Al Ghurair Retail, Smoothie King is providing guests at the BurJuman ...
Tags: Smoothie King, expansion, first store
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Oman Plans to Set up a Dairy Firm to Achieve Self-Sufficiency Production and Food Security
Jan 23, 2015The government of Oman has announced plans to set up a dairy firm with an investment of around OMR100m ($258.8m) to achieve self-sufficiency in dairy production and food security The proposed project is being promoted by state-owned ...
Tags: dairy production, food security, Agriculture
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Oman Planning to Set up a Dairy Firm Witn OMR100m
Jan 23, 2015The Government of Oman is planning to set up a dairy firm, which will see an investment of around OMR100m ($258.8m). The investment is in line with the government's strategy to achieve self-sufficiency in dairy production, reports ...
Tags: Dairy Firm, investment funds, private investors, Agriculture
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GCC Has to Leverage Opportunities in Order to Overcome Challenges From Global Competition
Dec 1, 2014Speakers at the 9th Annual Forum of the Gulf Petrochemicals and Chemicals Association (GPCA) stressed on the fact that the Gulf Cooperation Council (GCC) petrochemicals sector has to leverage opportunities in order to overcome challenges ...
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GCC Reduce Energy Use by 8% Through Technical Renovations
Nov 18, 2014“Gulf Cooperation Council (GCC) chemical and petrochemical producers have reduced energy consumption per ton by 8% over the last two years through technical renovations,” says a sustainability report. According to the Gulf ...
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Jiangxi Tikon Will Be Acquired by Titanium Dioxide
Nov 7, 2014The National Titanium Dioxide Company, Ltd. has entered into an agreement to acquire the titanium dioxide assets of Jiangxi Tikon Titanium Company, Ltd. The Jiangxi Tikon manufacturing facility is located in the city of Fuzhou in Jiangxi ...
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An Agreement Has Been Reached to Create The World's Third Largest Quick Service Restaurant
Sep 9, 2014An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
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ESI Has Announced That It Has Launched Its New Steel Sheet Pile Product
Apr 29, 2014UAE-based steel producer Emirates Steel Industries (ESI) has announced that it has launched its new steel sheet pile product, becoming the only steel manufacturer in the Middle East to develop and sell sheet piles. Emirates Steel plans to ...
Tags: Emirates Steel, sheet piles
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Worldsteel: in The Mena Region, Steel Demand Is Expected to Grow by 6.1 Percent
Apr 15, 2014According to the short range outlook of the World Steel Association (worldsteel), in the MENA region, steel demand is expected to grow by 6.1 percent to 66.7 million mt in 2014 after a 0.9 percent increase in 2013. Worldsteel pointed out ...
Tags: Steel Demand, Mena Region
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UAE's Jebel Ali Port Plans to Boost Its Annual Container Ships Handling Capacity by 27%
Apr 10, 2014The UAE's Jebel Ali port plans to boost its annual container ships handling capacity by 27% this year with the launch of a new terminal to cater for rising demand for petrochemicals and aluminium exports in the runup to the 2022 World Cup ...
Tags: polymer output, Petrochemicals
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Emirates Steel Industries Has Announced Its Financial Results for 2013
Feb 20, 2014UAE-based steel producer Emirates Steel Industries (ESI) has announced its financial results for 2013, stating that its sales revenues amounted to AED 6.5 billion ($ 1.8 billion), almost eight percent higher than 2012, despite sluggish ...
Tags: steel producer, steel
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Sulzer Signed an Agreement for The Acquisition of a 75%Stake in Saudi Pump Factory
Feb 17, 2014On February 2,2014,Sulzer signed an agreement for the acquisition of a 75%stake in Saudi Pump Factory with Nabil Al Hashim,the owner and founder of the company. The agreed purchase price for the 75%stake is CHF 33 million.Closing of the ...
Tags: Pump, Sulzer.Saudi Pump
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Oman Cement Places a$38m Order with Flsmidth for New Milling Equipment for a Cement Plant
Feb 12, 2014Oman Cement Company has placed a$38m order with Danish engineering company FLSmidth for new milling equipment for a cement plant. The new mill be the fifth to be be built at Oman Cement Co s HQ in the Rusayl Industrial Area,which is ...
Tags: Oman Cement, Cement, Infrastructure
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India's Electrical Equipment Industry Is Expected to Play a Critical Role
Jan 15, 2014India is targeting a gross domestic product (GDP) growth rate of 8-9 per cent in the coming years and to enable this growth, the economy needs the support of its power sector and India's electrical equipment industry is expected to play a ...