Tuesday 26 May 2015
 
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Expansion

Burgan Bank eyes UAE, Saudi, Egypt expansion

Burgan Bank, Kuwait's third-largest lender by assets, will consider expanding in the UAE, Saudi Arabia and Egypt as it raises the share of international operations in its business, its chief executive said. Eduardo Eguren said

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Orpic borrows $910m from local, Gulf banks

State-owned Oman Oil Refineries and Petroleum Industries Co (Orpic) has taken out a RO350 million ($910 million), ten-year loan from local and regional banks, part of which will be used to fund expansion projects, the company said on Friday.

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Borouge third phase expansion to reach full capacity by 2016

United Arab Emirates petrochemical firm Borouge said that the third phase of its expansion, which is set to raise its annual production capacity to 4.5 million tonnes of polyolefins, would be fully operational by 2016.  

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Borouge third phase expansion to reach full capacity by 2016

United Arab Emirates petrochemical firm Borouge said that the third phase of its expansion, which is set to raise its annual production capacity to 4.5 million tonnes of polyolefins, would be fully operational by 2016.  

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Saudia to add over 80 planes in major expansion

National carrier Saudi Arabian Airlines (Saudia) plans to add more than 80 planes to its fleet by 2020, expanding its size by over two-thirds, a top executive was quoted as saying by state news agency SPA. Director-general Saleh b

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Alba optimistic on $2.5bn expansion approvals

The chief executive of Aluminium Bahrain (Alba), owner of one of the world's largest aluminium smelters, said on Tuesday he was optimistic the company would receive the needed approvals for its $2.5 billion Line 6 expansion project this year

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Key Bahrain airport expansion contract to be awarded

The contractor of the second enabling works package for the $1-billion Bahrain International Airport (BIA) expansion will be announced next week, according to Transportation and Telecommunications Minister Kamal Ahmed. Speaking at

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DWC terminal expansion to increase capacity to 26m

Dubai Airports today confirmed that construction is expected to begin later this year on the expansion of the existing passenger terminal of the Al Maktoum International at Dubai World Central (DWC). The expansion will boost the c

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DWC terminal expansion work to start this year

Dubai Airports today confirmed that construction is expected to begin later this year on the expansion of the existing passenger terminal of the Al Maktoum International at Dubai World Central (DWC). The expansion will boost the c

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Hyatt to open 9 new hotels across GCC

Leading hospitality company Hyatt said its continues to spotlight the burgeoning Gulf Cooperative Council (GCC) market with new hotels across several of its brands, with atleast nine new hotels expected open across the region by 2017.

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