Manufacturing and Industry

looking at the manufacturing and industry sector in the Middle East

Canadian firms wins $100m Saudi deal
Canadian company Fiberex Glass has won a $100m contract to provide engineering, technology and equipment for the project by Eastern Petrochemical Company in Jubail. According to Khaleej Times, work is already beginning on the 30 month contract; the Saudi factory will cost $280m in total.
Saudi Arabia: Sunday, March 30 - 2008 at 08:40

DIC priority to fire-damaged businesses
Businesses whose premises were damaged by the massive fire at the Al Quoz industrial estate last week will be given priority leasing at Dubai Industrial City. Companies need to present official documentation showing that they have been affected by the fire to be eligible.
United Arab Emirates: Sunday, March 30 - 2008 at 08:17

Aldar Readymix concrete deal
Abu Dhabi-based real estate company Aldar Properties has set up a joint venture with concrete supplier Readymix Abu Dhabi, creating Aldar Readymix. The new company can supply 15,000 cubic metres a day of concrete, and will mainly supply Aldar's developments at Al Raha Beach, the Central Market and Yas Island.
United Arab Emirates: Sunday, March 30 - 2008 at 08:00

Egypt bans cement export
Egypt's trade and industry ministry said it will ban cement exports from March 29 until October 1 as part of measures to 'control the markets' cited Reuters. The ministry said booming local construction sector in Egypt has set the temporary ban to address increased needs during the summer. About 13 licences for greenfield cement operations and factory expansions have been granted by the government in October, and another one in January.
Egypt: Saturday, March 29 - 2008 at 08:53

Whirlpool targets growth in Dubai boom
US white goods manufacturer Whirlpool is expanding operations in the UAE and the Middle East, targeting Dhs95m of sales by the middle of next year. It hopes to do this through sales to the high-end market. It has tendered for a number of Dubai residential contracts, including supplying kitchen equipment in the Rolex Towers and homes in Motor City.
United Arab Emirates: Thursday, March 27 - 2008 at 14:16

Fire causes Dhs600m of damage
Yesterday's massive warehouse fire in the Al Quoz industrial zone in Dubai is estimated to have caused over Dhs600m of damage. The fire started at a fireworks warehouse and quickly spread to another 83, killing at least two people. The true cost of the fire will not be known until loss adjusters have been able to complete their investigations. Some warehouses affected are believed to have not had adequate insurance to cover losses.
United Arab Emirates: Thursday, March 27 - 2008 at 08:53

GCC projects to spend in services
According to AME Info sister concern, Middle East Economic Digest (MEED), Gulf project spending in the public and private sectors is now moving away from construction to services, cited Gulf News. Project services industry in the GCC has reached $2 trillion and is projected to hit $4 trillion in the next 20 years, with half of it to finance logistics.
United Arab Emirates: Wednesday, March 26 - 2008 at 08:23

Ras Laffan opens utility facility
The Ras Laffan B Power and Water Plant has opened its second independent electricity and water production facility at Ras Laffan Industrial City (RLC), reported The Peninsula. Also known as QPower, its output will go up to full capacity at 1,025 MW and 60 MIGD of electricity and water respectively, an increase of 37% in the country's electricity output and almost 47% in the water output.
Qatar: Tuesday, March 25 - 2008 at 08:11