PTI quoted Directorate General of Shipping saying that private sector shipping company Pratibha Shipping, which has a fleet of nine oil tankers, is planning to either sell or scrap 5 vessels due to financial crunch. A DGS statement said ...
Tags: Pratibha Shipping, ships, shipping company, shipyards
A top businessman said that the volume of overall investment is expected to top USD 45 billion over 5 years in Bahrain. Dr Essam Fakhro chairman of Bahrain Chamber of Commerce and Industry said that public sector investments are expected ...
Tags: overall investment, Bahrain, Dr Essam Fakhro, public sector investments
The aluminium scrap and recycling market in the GCC was estimated at 292,281 metric tonnes in 2010 and is expected to reach 593,434 metric tonnes in 2017 at a compound annual growth rate of 10.6%. The aluminium recycling market is at a ...
Tags: aluminium scrap, aluminium scrap recycling market, aluminium, metal
The aluminium recycling market is at a nascent stage in the GCC, as it is predominantly an export driven market; but it is growing. According to Frost & Sullivan, the aluminium scrap and recycling market in the GCC was estimated at ...
Tags: Nascent Aluminium Recycling, aluminium recycling market, aluminium
It is reported that Bahrain has signed 6 financing agreements totaling USD 448 million with the Saudi Development Fund to support a number of infrastructure projects as part of the GCC Development Program. A report in our sister ...
Tags: Bahrain inks, Saudi fund, infrastructure projects, Development Program
British carmaker Jaguar plans to boost its presence and visibility in Bahrain in the next few years through a major campaign that will not only promote the brand as an affordable luxury car but also its heritage. Mr Stephen Harris ...
Tags: Jaguar, campaign, luxury car, car industry
A top government official said that the work on the BHD 24.2 million Mina Salman Interchange project has reached 47% and is expected to be opened for traffic in November next year. Mr Essam Khalaf, Works Minister said that “The ...
Tags: Mina Salman Interchange, infrastructure project, transport
GCC rail infrastructure consultants said that Gulf Cooperation Council governments are likely to spend around USD 100 billion laying an estimated 6,000 kilometer to 8,000 kilometer of new railway track up to 2020, a move that will require ...
Reuters reported that the new trading arm of state run Saudi Aramco has finalized a January to June 2013 term contract to sell jet fuel with at least one buyer. Traders said that Saudi Aramco Products Trading Company has agreed to sell ...
Tags: Saudi Aramco, jet fuel, fuel price, Middle East
Bahrain-based Jasmi's, a food service company, has introduced Ultimate Organic Burger, an addition to its regular burger meals. The Ultimate Organic Burger is made with a patty of organic beef, lettuce, sliced tomatoes, onions, and ...
Tags: Jasmi's, food service, burger meals, Ultimate Organic Burger
Jabong.com, India’s leading fashion and lifestyle e-store, announced the introduction of premium Spanish brand, Desigual which will be exclusively available on its website. Jabong.com has always been acknowledged for bringing the ...
Tags: Jabong, premium Spanish brand, Desigual, brands
MENAFN reported that Aluminium Bahrain stated that it has inked USD169 million bank loan agreements with several banks to refinance a bond maturing in March Alba said that it inked a USD85 million 5 year loan deal with a local commercial ...
Tags: MENAFN, Aluminium Bahrain, loan, Alba
Aluminium Bahrain has announced that it is to undertake a feasiblity study to investigate the expansion of its plant to incorporate a sixth production line. The company said that it expects production within its current year to exceed ...
The annual summit of Arab monarchs in the Gulf opened in Manama on December 24th Monday with a call for closer economic integration and unity in the face of the turmoil which has swept much of the Middle East. Mr King Hamad of host ...
Tags: Economy Integration, annual summit, Cooperation Council
Proactive Investors reported that Medallion Resources shares with volume exceeding their 50 days average.The company is preparing to announce the exact location of its proposed monazite based rare earth processing facility in the Middle ...
Tags: Medallion Resources, Rare Earth, Middle East, rare earth processing