Cigalah Group joins industry industrial valley in King Abdullah economic city

King Abdullah Economic City (KAEC) recently announced the signing with Cigalah Group for the purchase of two land plots at the Industrial Valley in KAEC. The signing comes in line with KAEC's strategy to attract leaders from various local and international industries.

Middle East private equity investments to remain positive

The MENA Private Equity Association, in partnership with KPMG and Zawya, released the 2011 Private Equity and Venture Capital in the Middle East Annual Report. The Report outlines Private Equity outlook for 2012 and analyses 2011 data and trends.

Africa, Middle East as key manufacturing hubs for low cost goods

According to Ernst and Young's 2012 Rapid Growth Markets (RGM) Forecast, Africa and the Middle East are well placed to succeed China as key manufacturing hubs for low cost goods. The report also predicts that exports from Africa and the Middle East are poised to grow by more than 12% over the next decade.

ASEC completes Zahana overhaul in Algeria

Citadel Capital (CCAP.CA on the Egyptian Exchange), the private equity firm in the Middle East and Africa with $9.5bn in investments under control, announced that a key subsidiary of portfolio company ASEC Cement has completed a significant overhaul.

Service delivery demand drives growth in South Africa’s infrastructure sector

The South African Government is under increasing pressure to advance programmes and incentives that will drive the maintenance, upgrading and construction of housing and healthcare infrastructure within the country. Funding and administration constraints have hampered service delivery in the past, and are likely to encourage an increase in public-private sector interaction in future years, as the government seeks private sector participation in key infrastructure development.

UAE urges change in geography of world aluminium industry

Senior industry representatives from around the world are gathering at the 2nd Annual Aluminium Summit in New York to share and debate ideas for advancing the aluminium industry and its supply chain.

Saudi firm buys British steelmaker

Saudi-based Al-Tuwairqi Group (ATG) has bought British steelmaker Thamesteel, taking it out of administration, Saudi Gazette has reported.

PMMI Presents 2012 Packaging Hall of Fame Commission

Recycling of plastic packaging across Canada up by 15% in a single year

Wittmann Battenfeld wins third consecutive award at Plastpol

Wittmann Battenfeld was the only exhibitor at the Plastpol in Kielce this year to win an award for the third consecutive time. This time, the company took first place in the “processes” category.

Larry Doyle is now President of Conair

Polimeri Europa changes name to Versalis