Al Khalij commercial Bank (Al Khaliji) Q.S.C and its subsidiary, Al Khaliji France S.A have announced their participation in a US$1.1bn, seven-year financing deal for Abu Dhabis Emirates Steel Industries (ESI).
Egyptian group, El Sewedy Cables, has reportedly revealed it is due to set up a US$50m cable manufacturing plant in Libya by the end of 2011.
The regions oil producers are set to pump nearly US$22 billion into new aluminium projects and expansion of existing smelters in the next five years as part of an ongoing industrial drive to move away from reliance on oil exports, reports Emirates 24/7.
Emirates Steel, the largest integrated steel producer in the UAE and a strategic steel player in the Middle East steel industry, recently signed a US$1.1bn, seven-year project financing agreement with a consortium of seven conventional banks and two Islamic finance institutions.
Egypts Ministry of Trade and Industry has announced it will offer 12 new steel mill licenses to meet rapidly increasing demand and to stave off an expected shortage by 2017.
The deadlines for the launch of the factory building licenses will be finalised by the beginning of next month, the ministry has said.
EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)
Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)
The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)
Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)
The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)
Special belt covers guarantee an effective reduction in dust. (Image source: Wirtgen Group)
Daryl Wake, business development manager, DEKRA
DEWA's SAP upgrade drives innovation, sustainability, and efficiency in Dubai's utilities. (Image source: Adobe Stock)
Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)
SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)
With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)
ENEC and CNNC will provide their expertise to countries looking to expand their nuclear capabilities. (Image source: ENEC)
EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)
Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)
Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)
The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)
UL Solutions launches HOMER Front 1.0, enhancing energy storage system design with advanced forecasting capabilities. (Image source: UL Solutions)
SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)
An example of the kanban method deployed at Staytite. (Image source: Staytite)
Markus Oberlin, CEO of Farnek. (Image source: Farnek)
Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)
The emphasis is on constantly optimising value creation processes. (Image source: Rittal)
With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.
The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)
The four-point track system is available globally on four boom lifts up to 80 ft / 24 m class. (Image source: Genie)
