Industry

Middle East industry news and analysis, tenderscontracts awarded, commentary and economic data.

Bahrain's Capivest to build a $1bn magnesium smelter.

The Bahrain-based investment bank Capivest has announced plans to establish a BD377m ($1bn) company to build a magnesium smelter.
2008 icon

Special report: Sector outlook 2008

The urgent need to install the infrastructure required to support the region's economic development means government-backed power, water, transport and energy projects will become the principal drivers of the region's project sector in 2008.