Posted: 12-08-2011
INTERNATIONAL.First, the bad news - China's constrained rare earth supplies will be an "irreversible trend" and prices will remain at high levels, according to Zhang Zhong, general manager of Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. Zhang should know, as his concern is China's leading rare earths producer - the Baatou mine produces more than 95 percent of China's production, while Chinese mines currently account for 97 percent of global supplies. The increase in global demand for rare earth metals has sent prices soaring in world markets. According to the China Nonferrous M
Posted: June 18, 2014
SAUDI ARABIA. New offerings will help provide long awaited solutions to airlines' quest for differentiated cabin interior designs while also helping to take out significant weight.
Posted: June 12, 2014
SAUDI ARABIA. SABIC has passed the milestone of having more than 10,000 patents either issued or pending approval.
Posted: June 11, 2014
UAE. Emirates will drop 50 A350-900 airliners and 20 of the larger -1000, Airbus said in a statement. The order for aircraft due from 2019 was valued at US$16 billion at the list price when Emirates announced the deal in 2007.
Posted: June 10, 2014
SAUDI ARABIA. The new grade will be produced at SABIC's manufacturing affiliate, Al-Jubail Fertilizer Company (Al-Bayroni) in Jubail, with a capacity of 80,000 tons per year.
Posted: June 9, 2014
UAE. The facilities will be used to refinance US$1.1 billion worth of existing financing that was put in place to finance expansion projects; The deal, which was brokered by BNP Paribas, was four times oversubscribed.
Posted: June 9, 2014
UAE. Family firms are the backbone of the Gulf economies, generating an estimated 80% of non-oil GDP; the next generation is going to inherit large often supra-regional businesses; Global statistics however suggest that only 15% generate value in their third generation.
Posted: June 7, 2014
UAE. Newly-formed aluminium giant taking a leading role at Harbor's 7th Aluminium Outlook Summit (Harbor 2014), being held in Chicago from 9-11 June.
Posted: June 6, 2014
INTERNATIONAL. Lockheed Martin (NYSE: LMT) delivered the first of 36 F-16 Block 52 aircraft to the Iraqi Air Force during a ceremony today at its Fort Worth facility.
Posted: June 2, 2014
SAUDI ARABIA. The venture, which may make its first investment before the end of the year, will target the advanced materials, sustainable energy, and information, communication and technology industries.
Posted: May 29, 2014
SAUDI ARABIA. The awards recognise the best projects completed in the GCC in the previous two years and include eleven categories across the construction industry.
Posted: May 28, 2014
UAE. Aims to accelerate, expand portfolio of Intel-based solutions for tablets.
Posted: May 28, 2014
UAE. "This opportunity will not only offer new jobs, but will meet the growing demand for float glass in both local and export markets."
Posted: May 13, 2014
EGYPT. Firm nears exit of investment in state-of-the-art glass manufacturer Sphinx Glass as part of its strategy to divest non-core assets.
Posted: May 12, 2014
UAE. The new solutions greatly reduce the manual efforts associated with baggage and cargo handling.
Posted: May 9, 2014
JORDAN. Boost for defence industrial capability as Middle East - Africa JV signs first deal.


date:Posted: July 25, 2014
UAE. Royal Decree amending some of the provisions of the Oman Agencies Law comes into force; Marks a significant departure from the regime under the old law.
date:Posted: July 24, 2014
UAE. There is evidence of a more litigious approach developing in the area of medical malpractice. Damages awards which have historically been low, are now on an upwards trend.
date:Posted: July 24, 2014
UAE. Report data shows that 64% of TV viewers in Saudi Arabia and 50% in the UAE are engaged in other digital activities simultaneously, higher than the global average.
INTERNATIONAL. U.S. Secretary of State John Kerry pressed regional proxies to nail down a Gaza ceasefire as the civilian death toll soared, threatening to spread Israeli-Palestinian bloodshed to the occupied West Bank and Jerusalem.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.