AATworld.com, Arab Asian Trade Group

Saudi Arabia non-oil growth to hit 2.3pc this year

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Saudi Arabias real GDP growth is expected to increase to 1.9 per cent in 2018, with non-oil growth strengthening to 2.3 per cent as reforms take hold and oil output increases, said the International Monetary Fund (IMF) in a new report. The report
Qatar plan to build LED factory ‘on track’

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Qatars plan to establish a light emitting diode (LED) manufacturing facility in collaboration with a South Korean consortium remains on track, said a report, citing a top official at the South Korean embassy in Doha. A South Korean consortium comp
Arabian Cement posts $13.5m Q2 net loss

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Arabian Cement, a leading industrial group in the kingdom, has registered a net loss of SR50.9 million ($13.5 million) for the second quarter of 2018 mainly due to poor performance of its Jordanian unit (Qatrana Cement). Also with the tough compet
Aramex partners with Saudi Arabia’s Al-Dawaa

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Aramex, a leading global provider of logistics solutions, said that its Saudi division is entering into a strategic partnership with Al-Dawaa Medical Services Co. (DMSCO), the exclusive owner of Al-Dawaa Pharmacies. The agreement will look to expa
IKEA Bahrain in final stage of fit-out

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The much-awaited IKEA Bahrain store is currently in the final stages of fit-out, a company spokesman has revealed. The Salmabad facility is almost complete and that the retail fit out works are in its final stages, said IKEA Bahrain properties and
Kuwait JTC acquires 102 new Cummins generators

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Kuwait-based Jassim Transport Stevedoring Company (JTC) said its power rental division has successfully completed the procurement of 102 new units of Cummins diesel generators, thereby taking its total fleet strength to over 700 units with capacitie
Infiniti QX70 Limited arrives in Middle East

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Infiniti today announced that the all-new Infiniti QX70 Limited has arrived in its Middle East showrooms. The specially equipped version of the iconic QX70 performance crossover features unique design elements that are expected to be available at
Qatar starts works on $250m tunnel project

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Qatar's public works authority Ashghal has begun work on the QR920 million ($251 million) Mesaimeer Pump Station and Outfall Tunnel project, aimed at providing a sustainable solution to discharge surface and storm water. It is the second phase of
Al Yousef unveils luxury residential project in Oman

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Premier Real Estate, a key subsidiary of Oman-based Al Yousef Group, has launched the first phase of its residential apartment project, Wardat Riyam, located at Mutrah Bay in capital Muscat. The project, which will come up over a 6,700-sq-m area a
Qatar Petroleum to build new petchem complex

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Qatar Petroleum has invited a group of leading international companies to submit proposals to develop and operate a new world scale petrochemicals complex at Ras Laffan Industrial City. The Petrochemicals Complex will include an ethane cracker wit
Saudi Cement, GE in gas turbine upgradation deal

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Saudi Cement, a regional pioneer in the manufacture and supply of clinker and cement, has signed an agreement with GE Power for the upgradation of three 6B gas turbines at its plant in Hafuf region of the kingdom. The deal represents the first tim
Al Haddad Motors launches the newest addition to the Mercedes-benz commercial vehicle range, the all-new Actros and Arocs

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BAHRAIN [TUBLI]: The latest addition to the Mercedes-Benz Commercial Vehicles is now in Bahrain. The all-new Actros and Arocs were unveiled at a launch event held at the Al Haddad Motors showroom on the 25thof April 2018. The event was attended
Doosan Portable Power secures Saudi compressor order

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Doosan Portable Power (DPP) has won an order worth 2 million ($2.43 million) for portable compressors in Saudi Arabia. The deal was finalised at the Intermat 2018 Exhibition which was held in Paris, France. The compressors have been purchased b
Woqod raises foreign ownership to 49pc

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Qatar Fuel (Woqod) has increased the percentage of non-Qatari ownership to 49 per cent and also raised the maximum limit of individual ownership to 1 per cent of Woqod share capital. Chief executive officer of Qatar Fuel, Saad Rashid Al-Muhannadi
KBR wins Feed contract for big Saudi COTC complex

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State oil giant Saudi Aramco and Sabic, a global leader in diversified chemicals based in capital Riyadh, have jointly awarded a major contract to KBR, a leading global provider of project management, and professional and engineering services in the

Saudi Arabia non-oil growth to hit 2.3pc this year

Qatar plan to build LED factory ‘on track’

Arabian Cement posts $13.5m Q2 net loss

Aramex partners with Saudi Arabia’s Al-Dawaa

IKEA Bahrain in final stage of fit-out

Kuwait JTC acquires 102 new Cummins generators

Infiniti QX70 Limited arrives in Middle East

Qatar starts works on $250m tunnel project

Al Yousef unveils luxury residential project in Oman

Qatar Petroleum to build new petchem complex

Saudi Cement, GE in gas turbine upgradation deal

Al Haddad Motors launches the newest addition to the Mercedes-benz commercial vehicle range, the all-new Actros and Arocs

Doosan Portable Power secures Saudi compressor order

Woqod raises foreign ownership to 49pc

KBR wins Feed contract for big Saudi COTC complex