Manufacturing and Industry

looking at the manufacturing and industry sector in the Middle East

Abu Dhabi exports hit $1bn
A report by the Customs Directorate at the Abu Dhabi Department of Finance has announced that non-oil exports from the emirate totalled $1.1bn in 2007. Re-exports totalled $654m during the same period.
United Arab Emirates: Monday, May 26 - 2008 at 09:30

Iran sets $6.1bn for mining projects
The Chairman of the Executive Board of the Iranian Mines and Mining Industries Development and Renovation Organisation has announced that 36 new mines and mining operations are scheduled to launch in February 2009. The government allocated $6.1bn to mining projects at the beginning of the current Iranian new year. The Chairman noted that the country's production of copper, steel, aluminum, and iron ore would be raised by 250,000 tonnes, 15.8m tonnes, 505,000 tonnes, and 25m tonnes respectively.
Iran: Sunday, May 25 - 2008 at 09:05

Bahrain reopens afternoon work ban
The Bahraini government has reintroduced the ban on outdoor work during the months of July and August. Despite opposition from some firms workers will not be allowed to labour outdoors between midday and four pm.
Bahrain: Saturday, May 24 - 2008 at 09:38

Dubal to ship 100kt of aluminium to Japan
Dubai Aluminium Company Limited (Dubal) expects to ship 100,000 tonnes of aluminium to Japan in 2008, the majority of which will be billet (52%), followed by high purity aluminium (25%), foundry alloy (11%) and standard purity (9%). At present, Dubal has the capacity to produce more than 950,000 metric tonnes of finished aluminium products a year.
United Arab Emirates: Thursday, May 22 - 2008 at 13:30

Emal pours $2.8bn into smelter
Emirates Aluminium (Emal) has so far committed $2.8bn towards developing the Emal smelter in the Taweelah area of Abu Dhabi, a senior official involved in the project told Gulf News. Emal is being built on a six square kilometre site in two phases with a total capacity of 1.4 million tonnes of primary aluminium per year. The first phase is expected to cost $5.6bn.
United Arab Emirates: Thursday, May 22 - 2008 at 07:32

Danube builds new facility in Ajman
UAE-based Danube Building Materials has announced plans to invest Dhs50m ($13.6m) to build a new facility in Ajman. The company said the new plant, which will span 120,000 sq.ft. in Ajman's Al Jarf area, will begin large-scale operations in three months.
United Arab Emirates: Wednesday, May 21 - 2008 at 08:51

Gulf invests $18bn in new steel plants
More than $18bn is being invested in 46 steel manufacturing plants throughout the Gulf in an attempt to close the widening gap between supply and demand for steel, according to Proleads, which monitors major construction projects across the region from initial study to completion. Saudi Arabia with 17 and the UAE with 16 are leading the way in steel plant projects individually varying in value from $2bn to $15m. Of the top ten projects, four are in Saudi Arabia, three in the UAE, two in Qatar and one in Oman.
Tuesday, May 20 - 2008 at 07:40

Dubai Group buys Cairo glass firm
Financial services company Dubai Group has bought 49% of Egypt's Sphinx Glass for Dhs730m. The company bought it through its Dubai Capital Group unit in partnership with Cairo-based private equity firm Citadel Capital, Dubai Group. Sphinx Glass owns a manufacturing facility that produces float glass close to Cairo.
United Arab Emirates: Monday, May 19 - 2008 at 10:04