Sunday 20 April 2014
 
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Alba upgrades main entrance, lounge

Aluminium Bahrain (Alba) recently held a ceremony to unveil its brand new main gate entrance area and visitors’ lounge as part of its campaign to enhance visitors’ experience during their visit to Alba. The main gate entrance area was refurbished to present a modern a

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Jebel Ali Port's new inspection facility opens

DP World has inaugurated the largest and latest container inspection facility at its flagship Jebel Ali Port in Dubai. The new facility, which serves Jebel Ali Container Terminal 2, is one of the largest inspection facilities in the region, spanning over 7,000 sq m and providing

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Top land transport meeting opens in Dubai

Around 700 participants from 15 Arab nations attended the opening of Arab Union of Land Transport annual meeting and opening ceremony hosted by UAE’s National Association of Freight and Logistics today (April 20) in Dubai. NAFL is a non-profit organization 310 members, incl

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Sabic CEO eyes expansion abroad as Q1 profit dips

Saudi Basic Industries Corp (Sabic) reported a dip in its quarterly earnings on Sunday as its chief executive said a shortage of natural gas was limiting its domestic growth, making expansion abroad vital. Sabic, the biggest listed company in the Gulf and one of the world's l

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Savola profits jump 43pc in Q1

Saudi Arabia's Savola Group posted a 43 percent rise in first-quarter profit on Sunday, beating analysts' estimates as the food producer expanded its market share in the retail sector, revenue rose and financial charges fell. The company made a profit of 423 million riyal

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Air cargo efficiency focus for Bahrain summit

More than 300 expert delegates from 42 countries focused on  developing a secure and efficient air cargo supply chain and its role in global economic growth at a conference that recently concluded in Bahrain. The International Civil Aviation Organisation (ICAO) and the World

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Sabic Q1 profit falls 1.8pc to $1.72bn

Profit at Saudi Basic Industries Corp (Sabic), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower product prices offset rises in production and sales volumes. Sabic made a net profit of 6.44 billion riyals ($1.72 bil

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Suez Canal March revenues rise 8.5pc

Revenue from Egypt's Suez Canal rose 8.5 percent to $441.9 million in March from $407.4 million in the same month a year ago, Egypt's state information portal said. February revenues stood at $339.3 million, the lowest in four years. The waterway, the faste

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Sabic CEO meets China PM at Boao Forum

Mohamed Al-Mady, Sabic vice chairman and CEO, has reaffirmed Sabic’s commitment to Asia and China’s inclusive growth by increasing its investments in the region and supporting sustainable development. Al-Mady was delivering a keynote address at the Opening Plenary of

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Conares wins top sustainability certification

Conares, a leading provider of downstream steel products in the region, has received sustainable constructional steel certification by the UK Certification Authority for Reinforcing Steels (Cares) for its rebar manufacturing division. This is for operating a documented environmen

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