Asia Africa Intelligence Wire articles from June 2005

Asia Africa Intelligence Wire archives from June 2005

Al Siddiq to launch new products.
June 1, 2005... (From Gulf Construction) Riyadh Saudi Arabia-based Al Siddiq Trading Services - a leading name in the marketing and distribution of sanitary ware - is planning to introduce a series of products that is expected to strengthen its position...

100 and counting for MBBM.
June 1, 2005... (From Gulf Construction) During just over a decade and a half of its association with the Al Basti and Muktha (ABM) group, Majid Bukatara Building Materials (MBBM) - a specialist in a wide range of building materials products and related...

BMTC, ABM eye greater success.
June 1, 2005... (From Gulf Construction) Having worked together on several landmark projects in the UAE for over 15 years, Dubai-based Bahri and Mazroei Trading Company (BMTC) is looking forward to further strengthen its relationship with Al Basti and...

Building Force.
June 1, 2005... (From Gulf Construction) Leading Dubai-based contracting firm Al Basti & Muktha continues to gain strength in the market, with its reputation for quality and reliability further propelling it ahead in the booming construction market of the...

Enval's solutions 'save costs'.
June 1, 2005... (From Gulf Construction) Enval has, in a short span of time and through a mutually beneficial relationship with the Al Basti and Muktha (ABM) Group, achieved a phenomenal growth in the booming construction market of the UAE. The UAE-based...

Fortune offers cool solutions.
June 1, 2005... (From Gulf Construction) Fortune International - LG's representative for central air conditioners in Dubai and the Northern Emirates - is working hand in hand with the Al Basti and Muktha (ABM) Group, supplying these products to several of...

Phoenix banks on long association.
June 1, 2005... (From Gulf Construction) Phoenix Trading Company, a Dubai-based trading concern, has been supplying a variety of products for the majority of Al Basti and Muktha's projects since its establishment in 1978 "We have had a long...

Terrazzo nears major milestone.
June 1, 2005... (From Gulf Construction) A long list of satisfied customers and numerous successfully completed projects are what Dubai-based Terrazzo counts as its major achievements as it approaches its 30th year Rated among the largest...

Verger achieves impressive growth.
June 1, 2005... (From Gulf Construction) A sound business partnership with growth-oriented clients such as the Al Basti & Muktha (ABM) group has ensured the continued success of Verger et Delporte UAE, a Sharjah-based specialist in low-voltage (LV)...

AceCAD gets closer to clients.
June 1, 2005... (From Gulf Construction) AceCad Software, the developer of StruCad the 3D modelling software for structural steel detailing and StruMIS - a management information software system for steel fabricators - has recently established an office...

Hepworth builds on impressive portfolio.
June 1, 2005... (From Gulf Construction) With a long list of impressive projects to its credit, Dubai-based Hepworth PME is looking forward to make its project portfolio even more impressive by embarking upon new projects - many in partnership with the Al...

Brikmat points way to perfect brickwork.
June 1, 2005... (From Gulf Construction) Building materials specialist Catnic has announced the addition of what it describes as a revolutionary product to its range - Catnic Brikmat - which it says is the new way to lay perfect brickwork and blockwork....

NRC cements sound reputation.
June 1, 2005... (From Gulf Construction) The long association between the National Readymix Concrete (NRC) and Al Basti & Muktha has been going from strength to strength, with the two companies sharing phenomenal growth and jointly contributing to the...

Conren ensures watertight protection.
June 1, 2005... (From Gulf Construction) After having completed waterproofing work on one of the prestigious projects in the UAE - the Mall of the Emirates which features the Snowdome - Conren International, is eyeing other challenging projects in the...

Hughes offers safe emergency systems.
June 1, 2005... (From Gulf Construction) Hughes Safety Showers - which reported a 500 per cent increase in the value of exports to the Middle East during the first six months of last year compared with the corresponding period of 2003 - is hopeful of...

UK firms make further gains.
June 1, 2005... (From Gulf Construction) Having gained a reputation for quality in all spheres of the construction sector - right from designing to manufacture of ironmongery - British firms continue to penetrate the market and avail of the ample...

Royal Gulf grows on partnership.
June 1, 2005... (From Gulf Construction) For over 10 years, Royal Gulf - a Dubai-based specialist in the sales and application engineering of HVAC (heating, ventilation and air-conditioning) products - has been strengthening a partnership with the Al...

Flowcrete solutions floor the market.
June 1, 2005... (From Gulf Construction) International floorings specialist Flowcrete is making its mark in the Middle East with its range of specialist flooring systems, which are providing developers and owners with prestigious facilities that keep...

FBECR safe bet for corrosion concerns.
June 1, 2005... (From Gulf Construction) Corrosion of reinforcing bars is a significant concern for the integrity of reinforced concrete structures, especially in the harsh climate of the Mideast. RICHARD COWL of the UAE-based Jotun Powder Coatings...

Halcrow sheds light on ALWC problem.
June 1, 2005... (From Gulf Construction) The hot climatic conditions prevalent in the Gulf promote rapid biological activity and are conducive to accelerated low water corrosion (ALWC). Dr GAVIN CHADBOURN and DAVID POCOCK of Halcrow International suggest...

Merus offers lasting solutions against pipe corrosion.
June 1, 2005... (From Gulf Construction) Merus, one of Europe's leading anti-corrosion and scale-busting companies, is targeting GCC oil producing countries with its revolutionary technology, which it claims can save the petrochemical industry billions of...

Kaldewei exhibits new product range.
June 1, 2005... (From Gulf Construction) Dubai Kaldewei, Europe's leading manufacturer of baths - reemerging with a completely new company appearance - showcased its new range strategy, products and whirlpool innovations at the Hotel Show 2005 held in...

UPDATE.
June 1, 2005... (From Gulf Construction) GEC plans second security expo Dubai: The second Security and Safety Middle East 2005 exhibition and conference is to be held from November 14 to 17 in Abu Dhabi. The show is organised by the General Exhibitions...

Palfinger launches versatile machines.
June 1, 2005... (From Gulf Construction) An Austrian lifting equipment specialist continues to extend its range of products through the introduction of new models in a move to strengthen and enhance the flexibility to its range Palfinger - an...

Crown showcases its latest gems.
June 1, 2005... (From Gulf Construction) Crown Lift Trucks, a leading German manufacturer of aesthetically-designed trucks, has added two new special application models to its range of stackers and pallet trucks, with the launch of the WD 2300S double...

Advanced pumps launched on market.
June 1, 2005... (From Gulf Construction) New state-of-the-art trailer-mounted and mobile concrete pumps launched in the UAE have become instant successes in the market, says their dealer Al Bakhit AL Bakhit Construction Equip-ment, a Dubai-based...

Eyeleds aim to floor competition.
June 1, 2005... (From Gulf Construction) An innovative new floor lighting system that made its Middle East debut last month is expected to revolutionise the floor lighting market in the region, according to its Netherlands-based manufacturer Eyeleds,...

Philips leads the way in lighting solutions.
June 1, 2005... (From Gulf Construction) Innovation, marketing excellence and customer service are the three integral concepts at Philips Lighting, says the Dutch lighting giant, which claims to hold a leading position in the global lighting market. The...

Extec showcases latest innovations.
June 1, 2005... (From Gulf Construction) True mobility and high productivity are the key features of the E-7, a new screening and stockpiling system, says its manufacturer Extec Screens and Crusher The E-7 - which will be unveiled at Hillhead 2005, an...

New machines keeps output in good shape.
June 1, 2005... (From Gulf Construction) Metso Minerals, a global market leader in the rock and minerals processing industry, has launched a new track-mounted mobile crushing plant that has compact transport dimensions and provides a high throughput and...

Terex unfettered when it comes to a crunch.
June 1, 2005... (From Gulf Construction) Terex Pegson has launched its latest product developments in the crushing segment - the innovative Premiertrak 1165 HR mobile crushing plant - at the recently-concluded Samoter 2005. The track-mounted crushing...

$530m earmarked for housing.
June 1, 2005... (From Gulf Construction) Riyadh Saudi Arabia will allocate SR2 billion ($530 million) from its budget surplus to support housing projects, officials said Social Affairs Minister Abdulmohsen Al Akkas said areas with the greatest need...

Bids invited for Bubiyan port.
June 1, 2005... (From Gulf Construction) Kuwait City Kuwait has invited bids for building the first phase of a state-of-the-art container port on Bubiyan Island at a cost of around $2 billion, the emirate's public works minister said About 17...

GFH launches $3bn island city.
June 1, 2005... (From Gulf Construction) Manama Land reclamation for Bahrain's ambitious multi-billion-dollar freehold island city project - Two Seas - will begin shortly and construction on Phase 1 of the project is expected to commence by the year end,...

Projacs wins management contracts in Qatar.
June 1, 2005... (From Gulf Construction) Doha The Doha Asian Games Organising Committee has awarded Projacs International the project management services contract on 10 towers in the West Bay area of Doha Under the terms of the contract, Projacs will...

Kuwait to invest $4bn on infrastructure.
June 1, 2005... (From Gulf Construction) Kuwait City A multitude of transportation infrastructure projects and upgrades worth more than $4 billion have been planned for the Kuwait over the next few years Abdullateef Al Dakheel, undersecretary for...

Glass art creates dynamic lighting.
June 1, 2005... (From Gulf Construction) European lighting spe-cialist Foibos offers a unique combination of glass and light, ensuring exclusive and high-quality systems and fixtures Foibos Middle East - which set up its office in Bahrain a year ago...

Saudi Arabia moves towards privatization.
June 1, 2005... (From Gulf Construction) Riyadh Saudi Arabia said it has taken a 'milestone' step towards overhauling its wasteful, state-owned water sector and preparing it for complete privatisation within a decade. Water and Electricity Minister...

SOM to develop Bahrain masterplan.
June 1, 2005... (From Gulf Construction) Manama Skidmore, Owings & Merrill (SOM) has been selected by Bahrain to develop a set of comprehensive national planning strategies aimed at enhancing the country's quality of growth while protecting and enhancing...

The Wave picks two key consultants.
June 1, 2005... (From Gulf Construction) Muscat The Wave, Oman's top tourism and seafront residential development, has announced the appointment of two Omani companies as consultants for environmental engineering and quantity surveying of the project ...

Tamrock aims for peak efficiency.
June 1, 2005... (From Gulf Construction) Tamrock rock drills are currently ensuring high output for a UAE drilling contractor working on a new quarry in the mountains of Fujairah UAE specialist drill and blast contractor Technical Drilling and...

UPDATE.
June 1, 2005... (From Gulf Construction) Three in fray for Jubail power plant Jubail: Pre-qualified bidders for Saudi Arabia's multi-billion-dollar water and power plant project at the Gulf coast industrial city of Jubail have been grouped into three...

US Chiller to service McQuay units.
June 1, 2005... (From Gulf Construction) Dubai US Chiller Services (USCS), a market-leader in the field of large tonnage chiller services and energy solutions, has signed a memorandum of understanding (MoU) agreement with McQuay International to become...

Turner to manage Dar Al Arkan residential projects.
June 1, 2005... (From Gulf Construction) Riyadh Turner Construction, one of the leading project management firms with a large presence in the region, is currently involved in projects worth more than $3 billion for private clients in Saudi Arabia The...

Bahrain plans mega housing scheme.
June 1, 2005... (From Gulf Construction) Manama: The construction of a new BD40 million ($106.2 million) housing project in Bahrain, to be completed in partnership with Gulf Finance House, will start later this year The ASL Bandar residential project...

Depa's interiors for Doha museum.
June 1, 2005... (From Gulf Construction) Doha: Mivan Depa Contracting, the Dubai-based theming and specialist interiors company, has been shortlisted for the interior work for the Museum of Islamic Art in Doha, Qatar "The Museum of Islamic Art is a...

Qatar kicks off $7bn public works project.
June 1, 2005... (From Gulf Construction) Doha A QR25 billion ($6.87 billion) public works project, which includes several infrastructure development schemes, was launched by Qatar recently The Public Works Authority's (Asghal) plan includes 32 road...

Etching lasting designs in stone.
June 1, 2005... (From Gulf Construction) The recently-established Granite Design aims to leave its mark on stone, embellishing unique projects in the UAE with its own brand of designs Granite Design - which launched operations in Dubai just 11 months...

Keller introduces new piling technology.
June 1, 2005... (From Gulf Construction) Manama: Keller Grundbau, which has won the BD1 million ($2.65 million) piling contract for the Al Ezzel combined cycle power plant, has introduced a new piling technology for the construction of Bahrain's first...

Online systems help manage mega projects.
June 1, 2005... (From Gulf Construction) Document management systems are coming of age and with the maturity of the Internet in the Middle East, new on-demand systems promoting open collaboration are now available and set to revolutionise the process,...

Abu Dhabi airport gets go-ahead.
June 1, 2005... (From Gulf Construction) Abu Dhabi Plans to build a new international airport in Abu Dhabi took a step forward last month with the project being approved by UAE President Sheikh Khalifa bin Zayed Al Nahyan. The Dh25 billion ($6.8 billion)...

Stone Gallery set to floor the market.
June 1, 2005... (From Gulf Construction) Dubai-based Stone Gallery, which is rated among the top hard-landscaping specialists in the UAE, has boosted its extensive variety in flooring solutions with a new range of wall tiles to embellish both inner and...

Hassan Abul plans major expansion.
June 1, 2005... (From Gulf Construction) Kuwait-based Hassan Abul Company, which has recently opened up new branches in the fast-growing construction markets of Doha and Dubai, is looking at expanding its marble factory to keep up with the increased...

Alpha Fire launches new fireplaces.
June 1, 2005... (From Gulf Construction) Dubai German specialist in fire places Alpha-Fire has brought to the UAE its exclusive range of bio-safe environmentally friendly fireplaces, targeting the market of luxury villas, hotels and top resorts. Developed...

Emaar launches major residential projects.
June 1, 2005... (From Gulf Construction) Dubai Leading property developer Emaar has recently launched a number of projects within its prestigious Arabian Ranches and at the Views Community At the Arabian Ranches, it has announced plans to develop an...

Falak launches Westgate Apartments.
June 1, 2005... (From Gulf Construction) Dubai Falak Properties, the property development division of the Falaknaz Group in the UAE, has launched the Dh500 million ($136.1 million) Westgate Apartments It is the first phase of the Dh1 billion ($272.2...

Largest hangar nearly complete.
June 1, 2005... (From Gulf Construction) Dubai Work is nearing completion on what is believed to be the world's largest aircraft hangar at Dubai International Airport following a major logistical operation to deliver giant doors built in the UK Due...

MoE Skidome crosses significant milestone.
June 1, 2005... (From Gulf Construction) Dubai Construction of the Middle East's first indoor ski resort - the Skidome - crossed a major milestone with the raising of the final section of the ski slope into place. The Majid Al Futtaim Investments (Mafi)...

UPDATE Dubai launches $2bn Exhibition City Dubai: The Dubai government has launched a Dh8 billion ($2.17 billion) Exhibition City within the Jebel Ali Airport City. To be completed in phases by 2020, the project will have three-million sq.
June 1, 2005... (From Gulf Construction) Dubai launches $2bn Exhibition City Dubai: The Dubai government has launched a Dh8 billion ($2.17 billion) Exhibition City within the Jebel Ali Airport City. To be completed in phases by 2020, the project will have...

UPDATE.
June 1, 2005... (From Gulf Construction) Dubai to house largest mall Dubai: A group of Singapore companies will build the world's largest shopping mall in Dubai The project is being touted to become a modern super-mall that embodies the charms of...

UPDATE.
June 1, 2005... (From Gulf Construction) Emirates Group plans new five-star Dubai: Emirates group will be building a new Dh800 million ($218 million) five-star, luxury hotel in Dubai The new 70-storey, 350 m high building on Sheikh Zayed Road, which...

DIARY OF EVENTS.
June 1, 2005... (From Gulf Construction) JUNE 7-11: Elecon Middle East 2005, Beirut International Exhibition & Leisure Centre (BIEL), Lebanon. 9-11: GeorgiaBuild, 2nd Georgian International Exhibition "Building & Construction", Tbilisi, Georgia. 13-16:...

Work under way on Festival Centre.
June 1, 2005... (From Gulf Construction) Dubai Work is expected to shortly commence on the roofing of the Festival Centre's third floor while the construction of the final component, a 12 cinema complex, is due to begin in the first quarter of next year...

TENDERS.
June 1, 2005... (From Gulf Construction) Oman Tender No C31/0786. Construction of a new headquarters building at MAF. Documents can be obtained from the Zuhair Hassan Al Lawati, Petroleum Development Oman, tel: 678995, e-mail:...

Dubai plans Marine World.
June 1, 2005... (From Gulf Construction) Dubai Dubai Municipality plans for a Dh205 million ($55.8 million) marine theme park called Dubai Marine World that will offer both knowledge and entertainment to the city's residents and visitors The project,...

Emaar in mega housing scheme.
June 1, 2005... (From Gulf Construction) Dubai Dubai's Executive Council has mandated Emaar Properties to develop a housing project for UAE nationals in Dubai as part of the Sheikh Mohammed bin Rashid Housing Programme. Amlak Finance has also been...

SELECT EVOLVES NEW BUSINESS MODEL (to appoint five RBMs, roll out an exclusive authorised training centre for Nokia and increase its partnerships).
June 1, 2005... (From India Business Insight) Select Technologies, a subsidiary of WeP Peripherals, has evolved a new business model. As a part of the new model, Select will appoint five regional business managers (RBMs). The RBMs will be placed...

`NEW' IKON FROM FORD INDIA (codenamed it B376).
June 1, 2005... (From India Business Insight) Ford India will unveil a new car codenamed B376 by Dec 2005, which will be placed in the premium mid-size segment. The car has been designed and developed in Australia and India will be the launch pad...

BHARAT FORGE KICKS OFF CAPACITY EXPANSION PLAN (to be completed by Dec 2005).
June 1, 2005... (From India Business Insight) Bharat Forge is implementing an expansion plan that will increase its capacity with an additional 1,20,000 tonnes of forging capacity, 2,00,000 machining crankshafts and 1,20,000 front axles for trucks. The...

TAFE ACQUIRES EICHER TRACTORS (for Rs310 crore).
June 1, 2005... (From India Business Insight) Tractors and Farm Equipment (TAFE) of Chennai has acquired Eicher's tractor division near Bhopal, its engine division at Alwar and gears division at Parwanoo in an Rs310 crore cash deal. The acquisition was...

TURKEY, S AFRICA COULD MAKE UP FOR ROVER LOSS (Tata Motors had a pact with the MG Rover for shipping 1,00,000 Indicas to the UK for over five years).
June 1, 2005... (From India Business Insight) Tata Motors expects markets such as Turkey and South Africa to compensate for the loss resulting from the MG Rover crisis. The company had a pact with the MG Rover for shipping 1,00,000 Indicas, branded...

BIGGER THRUST PLANNED FOR DISCOVER (Bajaj Auto registered a turnover of Rs6,335.2 crore during 2004-2005).
June 1, 2005... (From India Business Insight) Bajaj Auto, motorcycle manufacturer, is trying to increase the sales of its 125cc Discover. It has stopped selling its motorcycle model Wind 125 in India. It manufactures the Wind at its Waluj plant for...

NEOLITE KEEN TO TAP US MEGA STORES (Ikea sources about 50 percent of its export unit's production).
June 1, 2005... (From India Business Insight) Neolite Industries of Delhi is an automotive lighting company. It is negotiating with stores in the US to supply lighting products directly from its Noida plant. The company plans to set up a plant in Pune...

INJECTOPLAST AWAITS US ORDER (it has developed a critical component for a 42-volt alternator).
June 1, 2005... (From India Business Insight) Injectoplast manufactures engineering plastic auto parts and high-performance mouldings using engineering thermoplastic and thermoset material. It manufactures several components that are used in the...

DECCAN RADIATORS ON TRACTOR TRAIL (it has bagged an order from International Tractors).
June 1, 2005... (From India Business Insight) Deccan Radiators and Pressings (DRP) of Coimbatore has bagged an order from International Tractors to supply copper-brass radiators for its existing and future models. The pilot batch consisting of 50 units...

INDO SILICON ZEROS IN ON JOINT VENTURE PLAN (to sell Global Positioning Systems in India).
June 1, 2005... (From India Business Insight) Indo Silicon Electronics (ISE) of Delhi plans to form a joint venture company during 2005-2006 to sell Global Positioning Systems in India. It will supply LCD monitors for the system while the global partner...

SAKTHI STRENGTHENS DELPHI BOND (to supply two different steering knuckles to Delphi Corporation in the US).
June 1, 2005... (From India Business Insight) The Rs130-crore Sakthi Auto Components (SAC) of Coimbatore will supply two different steering knuckles to Delphi Corporation in the US. The first shipment will leave for the US in Jun 2005 and the initial...

SOLIDWORKS TARGETS INDIAN AUTO SECTOR (it aims to sell more than 300 units of SolidWorks and Cosmos packages).
June 1, 2005... (From India Business Insight) SolidWorks Corporation (SWC) of the US is targeting the Indian auto sector as a vital part of its growth plans. It aims to sell more than 300 units of SolidWorks and Cosmos packages to small and medium...

EL FORGE TO ACQUIRE UK COMPANY (the acquisition will be financed through internal accruals and debt).
June 1, 2005... (From India Business Insight) El Forge Limited (EFL) of Chennai is acquiring a majority stake in Shakespeare Forgings of UK and the acquisition will be financed through internal accruals and debt. EFL will gain access to the European market...

DAIMLER GETS SET FOR ACTROS (it is looking at launching the `3340' and `3348' models).
June 1, 2005... (From India Business Insight) Daimler Chrysler India (DCI) is likely to unveil its Actros range of trucks as completely built units by Dec 2005. It is looking at launching the `3340' and `3348' models that have capacities of 40 tonnes and...

IN PURSUIT OF EXCELLENCE (Lucas-TVS bagged the Deming Application Prize in 2004).
June 1, 2005... (From India Business Insight) Lucas-TVS bagged the Deming Application Prize in 2004 and it aims to provide unique solutions to the requirements of customers. It is investing Rs6 crore during 2005 to put up a `reliability assessment...

GEARING UP FOR THE CHALLENGE (Lumax Industries has a state-of-the-art plant at Dharuhera in Haryana).
June 1, 2005... (From India Business Insight) Lumax Industries is among the biggest suppliers of vehicle lamps and its clientele includes Maruti Udyog, Honda Siel, Tata Motors, Hyundai Motor India and Mahindra and Mahindra. It has a state-of-the-art...

MARUTI'S SWIFT SALVO (Maruti Udyog has introduced the Swift with a local content of 85 percent).
June 1, 2005... (From India Business Insight) Maruti Udyog Ltd (MUL) has introduced the Swift model car with a local content of 85 percent and India will be among the four global production bases for it. The Swift will be available in three variants:...

GIANT STRIDES (Indian Oil Corporation is the largest refining and marketing company in India).
June 1, 2005... (From India Business Insight) Indian Oil Corporation (IOC) is the largest refining and marketing company in India and it features in the Fortune 500 list. It has the largest network of retail outlets with 10,228 pumps. The company owns the...