Little-known Moroccan sports car maker Laraki has rolled out its 1305kW Epitome concept at the annual Pebble Beach Concours d’Elegance. The Laraki Epitome, a $2-million rebodied C6 Corvette, flaunts a heavily sculpted carbonfibre ...
Tags: Laraki Motors
The Unites States' plan to cut reliance on oil imports will not affect the oil production in the Gulf countries as Asia's demand for Middle East oil is rising, said a report released Monday by research firm Orient Planet. Recent major ...
Tags: Oil Production
Aluminium Bahrain (Alba), one of the largest aluminum smelters in the world released its financial result for the first half of this year. In the first half of this year, Alba’s sales profits increased by 7% year on year even ...
Tags: Aluminium Bahrain, Mineral
Bahrain-based private equity firm Investcorp has agreed to acquire UK-based producer of premium crisps Tyrrells from Langholm Capital for £100m. Established at Tyrrells Court Farm, Herefordshire in 2002, Tyrrells is a producer of ...
China imported 275,337 mt of methanol in June, 40% less than it did in May, data released by the General Administration of Customs on Tuesday showed. The fall can be explained by the high domestic methanol production in the country. Over ...
Wilo Middle East organized a seminar titled ?Save Water. Pave Future?. The seminar, conducted by Mr. Thomas Lang ?Director Group Competence Team? in Wilo SE, Hof, Germany transpired at The Address Dubai Marina. "The all-round development ...
Tags: Processing Machinery, pump
The annual revenue of downstream polypropylene converters in the six-member Gulf Cooperation Council will reach a combined total of $1.34 billion in 2016, US based consultancy Frost & Sullivan said Monday. The GCC comprises of the UAE, ...
Tags: Polypropylene Converters, Electronics, Industrial Equipment, Instruments
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
Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF). ORIX, which entered ...
Tags: Service
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
AXA Insurance Gulf has introduced a new car insurance solution designed to provide customers with choice to select desired car insurance covers and options. Dubbed AXA Motor Select, the product provides a reasonable entry price for ...
Tags: AXA Insurance, Select Car
It is reported that the United Arab Emirates is forming the world's fifth largest aluminum company by merging its 2 state owned aluminum company. The merger of Dubai Aluminium and Emirates Aluminium creates a company with enterprise ...
Tags: UAE, Aluminum Firm, Construction&Decoration
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
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 US Navy and 40 allies gathered in Bahrain Monday to begin two weeks of naval anti-mine exercises designed to keep the Persian Gulf open to oil shipping. Although the exercises, billed as the largest ever in the region, have been ...
Tags: US Navy, Allies, Persian Gulf