Malaysia-based Brahim's(BHB)has signed a memorandum of understanding(MoU)with Dhyafat Albalad Alameen(Dhyafa)to set up a joint venture(JV)project to produce,sell and distribute food products in Makkah,Saudi Arabia. The JV will also ...
Tags: Food Facility, Dhyafa, BHB
Over 500 lingerie shops in Saudi Arabia have been shut down by the Government during inspection for non-compliance and violating orders of mandating feminization in businesses operating in women’s innerwears and intimatewears. ...
Dubai has its famed Burj Khalifa, but the world’s tallest building is getting a lot of company these days with the business of building skyscrapers suddenly booming as the global economy recovers. The Shanghai Skyline (photo by ...
Tags: Skyscrapers
Glass LLC, glass pioneers in the Middle East and wholly-owned by Dubai Investments PJSC [DI], announced on Thursday that its coating lines, comprising subsidiaries Emirates Glass LLC [EGL] and Saudi American Glass, have won projects worth ...
Tags: glass, Construction, Decoration
Glass LLC, glass pioneers in the Middle East and wholly-owned by Dubai Investments, said its coating lines, comprising subsidiaries Emirates Glass and Saudi American Glass, have won projects worth AED 100 million from January 2013 till date ...
Tags: Glass, Construction, Decoration
Saudi Arabia s King, HH King Abdullah bin Abdulaziz Al Saud has issued a directive to fund more cement plants and import around 10 million tonnes of cement in order to offset a shortage in the country. Saudi Press Agency said that the ...
Tags: King Imports Cement, Construction
Yanbu Cement Co recorded a net profit of $65.9m (SR: 247m) in the first quarter of 2013 - a 70.4% increase on the same period in 2012. The company attributed the growth due to much higher sales as a result of the start of commercial ...
Tags: Yanbu Cement, Construction
SAP and Saudia announced on Wednesday that they had signed a MoU to set up a competency centre at King Abdullah Economic City in Makkah. The idea is to prepare Saudi graduates for the job market through teaching essential business, IT and ...
Dwindling cement supplies in Makkah has triggered a growth in the sale of supplies on the black market, where prices have climbed to more than $5 (SR: 20) per bag. Supplies have been dwindling for more than a week, causing concern that ...
Tags: Makkah, Cement Shortage, Black Market, Construction
Reuters reported that Dubai listed Drake and Scull helps lift the emirate's bourse after the firm's JV won a new contract in Saudi Arabia valued at SAR 2.7 billion. Shares in DSI rise 1.6%. The contractor and engineering firm along with ...
Tags: Etisalat recovers, telecom operator, telecom, Etisalat
Saudi Arabia - Sennheiser Group has announced that its Middle East regional office has partnered with Modern Lifestyles to set up a state-of-the-art audio system for Souk Okaz public theatre in Taif, Saudi Arabia. The historic Souk Okaz ...
Tags: Lights, Lighting, Saudi Theatre, Audio
Bahra Cables Company, an affiliate of Saudi-based Construction Products Holding Company has signed SAR 400 million contract for supply of low and medium voltage cables to Saudi Electricity Company in 2013. Mr Talal Idriss CEO of Bahra ...
Tags: cable company, electrical cables, high voltage cables, cable splicing
Al Kabeer, a Dubai-based manufacturer of frozen foods, has plans to open a frozen food facility in Saudi Arabia with an investment of SAR50m ($13.3m). The plant will be based in Jeddah and will have a capacity to produce 2,000 tonnes of ...
Southern Province Cement announced a 16% increase in net profit to $199m for the nine months to September 30, and an 11% increase in year-on-year profits to $53.3m for the three months since June 30. The company, which operates three plants ...
Tags: market view, cement
Major hikes in the cost of construction materials are forcing projects in Saudi’s holiest city Makkah to grind to a halt, according to a local newspaper report. The Al-Eqtisadiah paper reported that a sharp increase in the price of ...
Tags: market view, cement