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New plants 'to fire up ME heavy industry'The steel industry in the Middle East is on a roll with several major players announcing plans to build new plants and expand production, said experts at the opening of a heavy industry expo in Sharjah on Monday. The Thermal Industry Middl More… |
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Alstom wins major Middle East contractsPower and transport engineering group Alstom SA said on Thursday it has secured two new contracts worth 100 million euros ($141 million) to supply air-quality control equipment in the Middle East. The contracts are part of Alstom's pus More… |
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Outsourcing 'can boost GCC heavy industry'GCC countries trying to diversify their economies need to focus their attention on further developing the heavy industry sector, says Boston Consulting Group (BCG). The region can boost its heavy industry by concentrating on energy-intensi More… |
