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Nakheel awards USD39.7m contract to Metac
(MENAFN) Nakheel Developer announced it had awarded a USD39.7 million contract to UAE's Metac General Contracting for the construction of 84 townhouses and a new retail center in its Jumeirah ....
Saudi biometric market to hit USD1.5b by 2019
(MENAFN) The market of biometrics in Saudi is beginning to show signs of promise due to the increase in IT spending and the rise in adopting of biometrics technology across different ....
Kuwait to build USD7.65m petrochemical project
(MENAFN) Kuwait is planning to expand its petrochemical capacity from 3.4 MTP to 7.9 MTP by 2015 at an annual growth rate of 32 percent due to anticipated increase in demand, Times of ....
Asry signs USD8.6m desalination plant contract
(MENAFN) Asry, the leading ship and rig repair yard in the Gulf, agreed a build-operate-transfer (BOT) contract for the completion and upgrading of a reverse osmosis seawater desalination plant, ....
Kuwaiti Global Investment in talks to sell Al Jazeera Steel
(MENAFN) Global Investment House is in talks to sell its 51 percent stake in Oman's Al Jazeera Steel Products, Emirates 24/7 reported.The Kuwaiti private-equity firm is holding discussions ....
Dubai's Azizi Developer starts new tower in Al Furjan
(MENAFN) Azizi Developments, a Dubai-based developer, started a USD36.74 million Azizi Iris Residence in Al Furjan master development, Emirates 24/7 reported.The developer announced that ....
Saudi Arabia cement imports hit USD199.95m
(MENAFN) According to a report by the Customs Department, Saudi Arabia imported around 3.1 million tons of cement in the past nine months, priced at USD199.95 million, Arab News reported.The rise ....
Hekma Pharmaceuticals revenue up 41 percent in H1
(MENAFN) Hikma Pharmaceuticals announced posting a 44 percent increase in its profit in the January-June period due to a strong performance in its injectable business in the US, The Peninsula ....
Marriott's revenue up 3.9 percent in Q2
Dubai's retail sector to hit USD40.82b by year-end
Muslim org in Belgium condemns ISIL atrocities in Iraq
Iran seeks closer cooperation with Saudi Arabia
Syria- Ban strongly condemns Foley's "horrific murder" by ISIL
Kuwait, Yemen agree on bolstering energy cooperation


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