GENERAL

Gulf States Agree On Setting Up Aluminium Foil Plant 

Six Arabian Gulf states - Bahrain, Iraq, Kuwait, Oman, Qatar and Saudi Arabia have reportedly agreed on setting up a $40mn joint-venture aluminium foil plant in Bahrain to produce 5,000-6,000 tons/year of aluminium foil aimed at markets in the Gulf states, mainly Saudi Arabia. Bahrain was apparently recommended as the site of the joint-venture project by the Italian firm New Hunter Engineering (NHE) which was commissioned...