Emirates Aluminium (Emal) is seeking to raise US$4bn to finance expansion, according to a banker familiar with the plan
Manufacturing
Amarinth secures US$5.5 million in Abu Dhabi orders
Centrifugal pump manufacturer Amarinth has been granted US$5.5mn worth of orders from Abu Dhabi-based National Petroleum Construction Company (NPCC) for two major offshore and onshore projects
Feasibility studies completed on Iran?s airplane plan
Feasibility studies of Irans national plan to build airplanes with the capacity to carry 150 passengers have been completed, according to an Iranian official
Fluor wins EPCM contact for Ma'aden-Alcoa aluminium facility
An aluminium sheet produced at Alcoas sheet facility in Russia. (Image source: Alcoa)
Fluor Corporation (Fluor) has been awarded a US$337 million contract by a joint venture comprising Maaden and Alcoa to provide EPCM services for an aluminium manufacturing facility, in Ras Al-Khair in Saudi Arabia
Finland's Outotec awarded copper projects in Iran
Finland-based Outotec has been awarded multiple orders, worth a total of US$326 million, for technology deliveries to National Iranian Copper Industries Company?s (NICICO) copper and molybdenum projects in Iran
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