BAHRAIN last month officially inaugurated a new state-of-the-art superport which is expected to usher in a new era of commercial trade for the kingdom. The Khalifa Bin Salman Port (KBSP) was opened in Hidd by His Majesty King Hamad bin Isa Al Khalifa, further promoting Bahrain as a regional trading hub.
SEPTECH said it is expanding its Middle Eastern operations with the establishment of state-of-the-art offices and factories in Saudi Arabia. The water giant has entered into a strategic joint venture with Saudi partner Mawrid Holdings to form Septech Saudi Arabia.
KUWAIT’S second city was last month renamed after its ruler, as the multi-billion-dollar project reached another key milestone in its construction.
A NEW power and air-conditioning load centre has been unveiled for the Haj terminal at King Abdul Aziz International Airport in Jeddah, Saudi Arabia. Built by Vision Electro Mechanical Company, a subsidiary of Construction Products Holding Company (CPC), the station is located in the eastern Haj terminal at the airport.
BASF Construction Chemicals, together with Qatari building materials supplier Construction Materials Company, has opened a new construction materials facility in the country.
SAUDI Arabia announced a record budget of expenditures for fiscal year 2010, totalling more than $146 billion, with more than a quarter of the funds designated for education. The 2010 educational funding represents a 13 per cent increase over 2009. “The allocation of SR137.6 billion ($36.
Bilfinger Berger to quit Qatar GERMAN construction major Bilfinger Berger is planning to pull out of Qatar over a dispute with the Public Works Authority (Ashghal).“The bad experience with the Doha project prompts us to reconsider our commitments in the Gulf region”, Reuters quoted Bilfinger Berger chief executive Herbert Bodner as saying.
SCOTLAND’S Balmoral Tanks is reintroducing its brand in the Middle East and is pushing for the establishment of international standards in the regional market. “Our main thrust is on quality and we are trying to sell the concept that with quality you get longevity,” said Colin Shaw, exports sales director.
KUWAIT’S Al Hamra tower has touched 358 m in height with only 15 m left for it to exceed the 372-m-tall Al Tahrir tower and become the tallest building in Kuwait. Khaled Al Othman, chief executive officer of the Al Hamra real estate firm, said the tower will stand 412 m tall on completion with 54 m remaining to complete this 77-storey building.
TABALSA Arabia Factory, a new joint venture between GTI Groupo Tabalsa Inversion and ETE Eastern Trading and Contracting Group, has ushered in the New Year with major plans for expansion.
