Saturday 30 August 2014
 
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Global aluminium firms upbeat on outlook

For the world's hard-pressed aluminium producers the current outlook is the rosiest in many years. Russian giant UC Rusal, for example, has just returned to profit for the first time in five consecutive quarters.

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As aluminium market shifts to deficit, all eyes on China

For the world's hard-pressed aluminium producers the current outlook is the rosiest in many years. Russian giant UC Rusal, for example, has just returned to profit for the first time in five consecutive quarters.

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Tesla to build car charging outlets in China

US electric carmaker Tesla Motors said that it would partner with China's No.2 mobile carrier China Unicom to build charging outlets across the country to push sales in the world's biggest auto market. The companies have s

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Chinese firm wins $8bn Uganda rail contract

China Harbour Engineering Company (CHEC), a leading state-owned company, has won a contract worth (about 20 trillion Uganda shilling ($8 billion) to upgrade and expand Uganda’s railway network to standard guage. Another stat

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Saudi awards key rail project contract

Saudi Arabia has awarded a contract to China Railway Construction Corporation for the renewal of the freight railway line between Dammam and Riyadh. The SR122.8 million ($32.5 million) deal was signed by Saudi Railways Organizatio

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Top-tier travel industry professionals at Yas Island summit

Yas Island has showcased its world class leisure, entertainment and business offering to nearly 90 top-tier travel industry professionals from China. The full-day tour is part of a major summit to build on the current steep growth in to

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China targets own OS to take on Microsoft, Google

China could have a new homegrown operating system by October to take on imported rivals such as Microsoft Corp, Google Inc and Apple Inc, Xinhua news agency reported on Sunday. Computer technology became an area of tension between

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Kuwait to boost China oil exports to 500,000 bpd

Kuwait plans to increase the volume of crude oil exports to China to 500,000 barrels a day (bpd) in three years, an executive at the state-run Kuwait Petroleum Corporation (KPC) said Saturday. On Monday, Kuwait concluded a new 10-

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Could shale revive China's flagging oil fields?

"I believe and will prove that our country is not deficient in oil reserves. If I can use my 20-year lifetime in exchange for a large oil field, I will." Those comments, recorded in an illustrated history of the Songliao

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EDB delegation seeks to boost China trade ties

Officials from the Economic Development Board (EDB) are currently on a visit to the People's Republic of China in preparation for a Bahraini roadshow to be conducted by a high-level delegation later this year. The roadshow wil

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