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Industry News

Rio Tinto unveils $518m bet on future of automated mining

MELBOURNE: Global miner Rio Tinto has accelerated a move toward automation, unveiling a $518 million plan to pioneer the use of driverless trains in Australia and increasing its bet on a... ... read more

Posted on Monday, February 20 2012

Mohammed Bin Rashid visits Gulfood 2012

WAM Dubai, Feb 20th, 2012 (WAM) -- Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum paid a visit today to the Gulfood 2012, the... ... read more

Posted on Monday, February 20 2012

Jadwa fund acquires stake in Al-Zamil

Jadwa Investment Company and Al-Zamil Company for Industry, Trade & Transport have announced the acquisition by Jadwa Building Materials Opportunity Fund of a stake in Al-Zamil Company for... ... read more

Posted on Monday, February 20 2012

UAE is committed to maintaining stability in world oil market : Gargash

WAM Doha, 20th Feb. 2012 (WAM) -- The UAE is committed to maintaining stability in world oil markets, Dr Anwar Mohammed Gargash, Minister of State for Foreign Affairs, affirmed today, but... ... read more

Posted on Monday, February 20 2012

Saudi export ban on cement enforced, prices raised

Some Saudi cement makers have taken advantage of the grace period that preceded the start of the ban on cement export to export large quantities of the binding substance, Arab News... ... read more

Posted on Monday, February 20 2012

Tenders submitted for Empower cooling plants in Dubai's Business Bay

UAE-based district cooling firm, Empower has said 18 local and international companies are bidding for designing two of the firm's district cooling plants in Business Bay,... ... read more

Posted on Monday, February 20 2012

VW says vehicle sales rise 1.3% in Jan

Volkswagen AG, Europe's biggest car maker, said group vehicle sales rose 1.3 percent in January, powered by a 28-percent gain in North America.

Group deliveries fell 4.5... ... read more

Posted on Monday, February 20 2012

Turkey's Wind Power Capacity Grows 36% to 1,799 Megawatts

ISTANBUL, TURKEY--February 20, 2012--Researched by Industrial Info Re-sources (Sugar Land, Texas)--Turkey's newest windfarms, which were established last year, added 470 megawatts (MW) to the... ... read more

Posted on Monday, February 20 2012

Turkey's Leading Steel Producer Eregli Demir Celik Posts Record Profit for 2011

ISTANBUL, TURKEY--February 20, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Turkey's leading steelmaker, Eregli Demir ve Celik Fabrikalari AS (ISE:EREGL) (Erdemir)... ... read more

Posted on Monday, February 20 2012

India to Invest $143 Billion on Oil & Gas Pipelines in Next Five Years

DELHI, INDIA--February 20, 2012--Researched by Industrial Info Resources (Delhi, India)--The Indian government invested $106 billion on expanding the network of oil and gas pipelines during the... ... read more

Posted on Monday, February 20 2012