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Metito eyes expansion plans

METITO, THE UAE-based utilities provider, is unlikely to go for an IPO this year and may opt to concentrate on aggressive expansions first.

Terex relocating to new Dubai office

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TEREX EQUIPMENT MIDDLE East LLC has announced it is expanding and relocating to a larger facility in the Dubai Investments Park (DIP.) The company initially set up an office in Dubai in 2007 to support customers of its Genie® product range of aerial work platforms and telehandlers as well as Terex® light towers, generators, power buggies, utility trucks and transport trailer. Strategically located close to the Jebel Ali port, the new 3,250 sqm office and warehouse space will hold a selection of equipment and stock parts to respond faster to customers' needs.

“We are very pleased that our growing base of successful customers of Genie® and Terex® equipment has driven the need to expand our operations," said Bradley Abrahams, sales director for Terex Equipment Middle East LLC. "With this investment in our new facility and in additional sales and technical support team members, we are now better positioned than ever to serve our them.” Gianluca Tabarrini, Terex president for Middle East/Africa said, “Terex has a strong commitment to the region and Terex Equipment Middle East LLC will act as a local support centre across all the four Terex business segments.

With this common base, we are not only strengthening our presence but also increasing the level of support we deliver to our Terex® and Genie® customers.”

 

Business and Management

  • US$130mn Saudi Arabia power plant component order won

    Siemens Energy has secured a US$130mn order to supply gas turbine packages to Saudi Arabia. The components are to be installed in the Hail Extension II and Al Qurayat Expansion II power plants. The purchasers are the Alfanar Construction Company and Saudi Services for Electromechanic Works (SSEM) respectively and they will perform the project on a turnkey basis for the Saudi Electric Company (SEC) utility. Delivery of the components is scheduled for 2010 and 2011.

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Executives Calendar

September 2010

SEPTEMBER 2010
27-30 Project Iraq ERBIL
www.ifpqatar.com

October 2010

OCTOBER 2010

3-6 Saudi Build RIYADH
www.recexpo.com

4-6 Powergen Middle East DOHA
www.power-gen-middleeast.com

17-19 PG&WSME ABU DHABI
www.powerandwaterme.com
17-20 Recycling & Waste Management KSA RIYADH
www.recexpo.com

17-21 GITEX Arabia DUBAI
www.gitex.com

18-21 Erbil International Fair ERBIL
www.ifpqatar.com

25-27 Saudi Transtec Dharan
www.sauditranstec.com


November 2010

NOVEMBER 2010
1-4 GCC Power DOHA
www.ifpqatar.com

1-4 Adipec 2010 ABU DHABI
www.adipec.com

2-6 Jordan Motorshow AMMAN
www.ifpqatar.com
21-24 The Big 5 DUBAI
www.thebig5exhibition.com

28-30 Roadex/Railex ABU DHABI
www.roadex-railex.com
28-30 MEMEX 2010 ABU DHABI
www.memexnews.com