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Top Manufacturing News

  • Iran to put 750 industrial plans into operation in Govt. Week


    Concurrent with the Government Week (Aug. 23-30), 750 industrial and mining projects will go on stream in Iran with 18.830 trillion rials ($1.07 billion) worth of investment, announced the industries and mines minister here on Tuesday. Tehran Times - 27Aug 06:10GMT
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  • Qatar Drops Steel Project Plans In Mauritania


    The steel unit of Industries Qatar has dropped its plans to acquire a stake in a $2.1bn iron ore project in Mauritania, a company executive said. The Peninsula - 25Aug 04:33GMT
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  • VideoIndustries Qatar Drops Mauritania Steel Project


    (Arabic) Industries Qatar has abandoned Mauritania $2 billion steel project. Al-Arabiya - 24Aug 11:03GMT
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  • Iran: $33b Allocated to Industry & Mining Combination Plan


    The Iranian minister of industries and mines announced here on Wednesday that over 300 trillion rials (some $33 billion) has been allocated to the industry & mining combination national plan. Tehran Times - 22Aug 09:51GMT
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  • Rubber World signs $4m supply deal with Lanxess


    Rubber World Industries, one of the leading manufacturers of closed-cell rubber insulation, said that it has signed a contract worth $4 million (Dh14.7m) for the supply of Nitrile Rubber and speciality chemicals from Germany-based Lanxess AG, a leading company in specialty chemicals. Emirates Business 24/7 - 20Aug 06:45GMT
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  • Gulf Craft signs deal with M&C Saatchi


    Gulf Craft Inc, one of the largest boat and yacht manufacturer in the Middle East, signed an advertising and branding contract with M&C Saatchi, the global communications agency headed by Maurice Saatchi. Emirates Business 24/7 - 20Aug 05:45GMT
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  • Genesis to build 3 manufacturing plants in Saudi Arabia


    Genesis Worldwide Inc., said it has entered into a five-year license and services agreement with Sawabeh International Group of Riyadh, a diversified technology and construction group of companies, to construct three light steel panel manufacturing facilities within Saudi Arabia. The Saudi Gazette - 19Aug 05:56GMT
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  • Iran's steel production to increase to 15mn tons by year end


    Iran's Mines and Industries Minister said at opening ceremony of South Steel Plant in Bandar Abbas Monday country's steel production would increase to 15 million tons a year by (Iranian) year's end (March 21, 2009). IRNA - 19Aug 05:46GMT
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  • Industry is in critical condition in Jordan - Halawani


    Jordan Chamber of Industry (JCI) President Hatem Halawani called on the government to assist the industrial sector by reducing the prices of industrial fuel. Jordan Times - 17Aug 08:14GMT
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  • VideoSaudi Al Marai to Buy Egyptian Beeaty


    (Arabic) Al Marai has signed an initial agreement to buy the Egyptian dairy and juice manufacturer Beeaty. Al-Arabiya - 16Aug 10:29GMT
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Zawya Select
ZawyaSelect
Projects
$14.5bn Gulf MEP Market
The value of the mechanical, electrical and plumbing (MEP) contracting market in the GCC is expected to surge to $14.5 billion in 2008, according to a recent industry survey.
 

 
Egypt
Taking Away Subsidies
Industry in Egypt will survive just fine as energy subsidies are slowly phased out by the government.
 
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Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
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Capital
($mil)
1 El Sewedy Cables Egypt 3,309
2 Gulf Cable and Electrical Industries Company Kuwait 1,915
3 Saudi Cable Company Saudi Arabia 1,456
4 Middle East Specialized Cables Company Saudi Arabia 1,079
5 Oman Cables Industry Oman 697
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