• GPCA honors innovators in plastics


     
     
    THE Gulf Petrochemicals and Chemicals Association (GPCA), announced the winners of its Third Annual Plastics Innovations Awards, held at a gala dinner on the first day of GPCA PlastCon.

    The third edition of this prize saw an exceptionally …

  • Saudi mobile communications market grows further: Nimbuzz


     
     
    JEDDAH – As the global landscape for mobile and wireless communications changes quickly, the challenges of mobile advocacy as well as competitions among apps providers mount.

    And as competition heats up, Nimbuzz, a leading cross-platform global communications solution, …

  • Kingdom lifts oil exports to 8-month high

    RIYADH – Saudi Arabia boosted crude exports in February to the highest level since June while it cut oil use at local power plants and refineries to the lowest since March 2011, according to Joint Organizations Data Initiative (JODI).

    The …

  • Saudi firm to build polysilicon plant in Sarawak

     
     
    KUALA LUMPUR – Saudi Arabia's Project Management & Development Company Co. Ltd (PMD) will develop a $1.6 billion polysilicon manufacturing plant in Sarawak, the firm said in a statement Wednesday.

    The plant, which will be one of Asia's …

  • Turkey plans wealth amnesty

     
     
    ISTANBUL – Turkey is working on plans for a "wealth amnesty" to lure back funds which affluent Turks keep abroad as it seeks to bolster economic growth, the country's finance minister said on Wednesday.

    Mehmet Simsek said the …

  • Kingdom, UAE key growth markets in GCC, says DSI


     
     
    RIYADH – Dubai's Drake & Scull International (DSI) has been awarded a set of contracts in Saudi Arabia and the UAE worth $180 million.

    The company said the engineering and general contracting contracts are for three government complexes …

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