Maaden completes refinancing of its MWSPC phosphate unit
Maaden Waad Al Shamal Phosphate Company (MWSPC) has signed new financing agreements for USD 2.3 billion with local and regional financial institutions.
Basic Materials
Ma’aden taps a Sabic veteran as CEO
Saudi Arabian Mining Company (Ma’aden) has hired Eng. Mosaed Sulaiman Al-Ohali, a Sabic veteran, as … Read more
Tronox completes Cristal acquisition
The National Titanium Dioxide Company (Cristal) receives final approval to complete the sale of its titanium dioxide (TiO2) business to Tronox Holdings, a global mining and inorganic chemicals company.
Ducab Group announces 2018 results
Ducab Group has announced that its 2018 consolidated group sales rose to AED 4.8 billion, an increase of approximately 7% year on year.
Qatar Petroleum to float 49% of its Qatalum stake via Qamco
Qatar Petroleum announced the IPO of shares representing 49% of the issued share capital of Qatar Aluminium Manufacturing Company (Qamco).
Ma’aden names Darren Davis as Acting CEO
Saudi Arabian Mining Company (Ma’aden) has appointed Darren Davis its CFO Darren Davis as Acting Chief Executive Officer.
EGA to supply Aludium with rolling slab
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, signs a five-year agreement to supply Aludium with rolling slab.
Qatar Petroleum to sell 49% of its shares in Qatalum in a Q4 IPO
Qatar Petroleum announced that it will be offering 49% of its shares in Qatar Aluminium (Qatalum) for public offering, to give investors a stake in a state-sponsored company that enjoys lucrative return.
Jameel Al Molhem named CEO of Takween Advanced Industries
Takween Advanced Industries, a producer of plastic packaging solutions, Polyethylene terephthalate (PET) preforms, and non-woven fabrics material, has appointed Jameel Al Molhem as CEO.