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Iran eyes $2bn investment in seven steel projectsIran has allotted an investment of over €2 billion ($2.263 billion) on seven new steel projects, said Mohammad Reza Nematzadeh, industries, mines and trade minister of Iran. Speaking at the the inaugural ceremony of the secon More… |
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Egypt set to pass mining, industrial land lawsEgypt will pass laws next week related to mining and the allocation of industrial land as it pursues reforms to attract foreign investors deterred by political turmoil, the investment minister said on Tuesday. But Asharf Salman ga More… |
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Ma'aden spearheading Saudi mining sector growthThe Saudi Arabian Mining Company (Ma'aden) investments have now exceeded SR85 billion ($22.6 billion) making the kingdom a major player in the phosphate and aluminium industry, according to experts. Ma'aden, they stated, w More… |
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Saudi Maaden pumps $20bn into industrial projectsSaudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, has invested more than SR85 billion ($20 billion) in three major phosphate and aluminium projects in the kingdom. The company has till date pumped more than More… |
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Saudi Maaden pumps $20bn into industrial projectsSaudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, has invested more than SR85 billion ($20 billion) in three major phosphate and aluminium projects in the kingdom. The company has till date pumped more than More… |
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IranConMin to become annual eventIranConMin, a leading international construction and mining exhibition held in Iran biennially, will now take place every year in response to an increasing interest in the event. This year, more than 250 exhibitors from 11 countri More… |
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Lockheed plans cargo airship to transport oil equipmentLockheed Martin Corp expects to reach an agreement next year with a launch customer for a giant new hybrid airship that would revolutionise the way oil and mining companies haul equipment to the Arctic and other remote areas without roads. More… |
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Maaden's $1.5bn rights issue to start TuesdaySaudi Arabian Mining Company (Ma'aden) has announced the subscription period for its SR5.6 billion ($1.5 billion) rights issue will start on Tuesday. Shareholders can buy shares in the capital increase until December 2, the co More… |
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Ma'aden Q3 net profit falls 66pc, beats forecastsSaudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, beat analyst forecasts as it reported a 66 per cent fall in third-quarter net profit after a one-off gain was not repeated. The company's net profit in More… |
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CDE names top official for Gulf business opsCDE Global has appointed Ruchin Garg as business development manager to further strengthen region-wide business operations. CDE designs and manufactures a range of modular materials washing equipment with applications in the const More… |
