Oman’s chrome ore mining group, Gulf Mining Materials Co (GMM) has signed an agreement to set up a ferrochrome smelter at Freezone Sohar, Oman Daily Observer has reported. GMM will...... ... read more

Posted on Thursday, May 17 2012

Saudi Arabia’s Ma’aden Aluminium Co has selected Bechtel to conduct the feasibility study for its proposed copper and zinc smelter projects on the Gulf Coast, Saudi Gazette has...... ... read more

Posted on Thursday, May 17 2012

Bloomberg reports that Iran Khodro, the country's largest carmaker, plans to manufacture 30,000 cars at its production site in Iraq this year.

The company is delivering...... ... read more

Posted on Wednesday, May 16 2012

Saudi-based dairy producer, Almarai has signed an agreement with the Saudi Electronics and Home Appliances Institute (Sehai) to train around 100 students this coming academic year,...... ... read more

Posted on Wednesday, May 16 2012

Mohammed Abdullah, deputy minister of Iraq's industry and minerals ministry has said the country plans to lure foreign firms to invest $35bn-$50bn in its gas sector to power...... ... read more

Posted on Tuesday, May 15 2012

ADELAIDE: High oil prices are threatening the global economic recovery, the Executive Director of the International Energy Agency Maria van der Hoeven said yesterday.

Prices have...... ... read more

Posted on Monday, May 14 2012

According to a report by Saudi-based Al Rajhi Capital, the Saudi government will not increase ethane prices in 2013, as it is keen to preserve the feedstock advantage for the local...... ... read more

Posted on Monday, May 14 2012

DAMMAM: The power and water sectors are experiencing a massive boom in Saudi Arabia, said Deputy Minister for Water Affairs Mohammed Ibrahim Al-Saud. "The Kingdom is set to invest SR500...... ... read more

Posted on Sunday, May 13 2012

Saudi Kayan Petrochemical Co, an affiliate of Saudi Basic Industries Co (Sabic), has said it has resumed operations at its plants last Thursday after a temporary halt of most of...... ... read more

Posted on Sunday, May 13 2012

Qatar Investment Authority (QIA) plans to increase its stake, currently at 8.5%, in global mining firm, Xstrata to at least 10% and could go higher, The Financial Times has...... ... read more

Posted on Saturday, May 12 2012