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Egypt: As domestic steel rebar prices continue to rise, General Federation of Cooperatives plans to import 8 May 2008 General ME: IPI & TAPI gas pipeline projects, if realized, to change the economics of South Asia 8 May 2008 Egypt: Egyptian Iron & Steel increases its issued capital shares 8 May 2008 Turkey: US ITC to conduct sunset review on steel rebars from Turkey 8 May 2008 General ME: EU eyes progress on gas pipelines from Iraq, Egypt to reduce its dependence on Russian oil & gas 8 May 2008 Turkey: Siemens completes modernization of coke-oven by-product plant at Isdemir 8 May 2008 UAE: Government likely to implement VAT early next year, to replace existing customs duty 8 May 2008 Qatar: German pipe manufacturer & Outokumpu to supply 18km of LNG pipe for a Qatar Gas project 8 May 2008 Egypt: Steel rebars reach new highs 8 May 2008 Egypt: Middle East Rating and Investors Service grants El Ezz Steel Rebars BBB- credit rating 8 May 2008 UAE: Abu Dhabi to get metro rail network within 7 years 8 May 2008 UAE: Five new supertowers worth USD7 bln to transform Dubai skyline 7 May 2008 Qatar: Ithmar Capital enters into partnership with fast track fabrication and construction firm Panceltica 7 May 2008 Bahrain: Vinci Construction consortium signs contract to build USD3 bln Qatar-Bahrain causeway 7 May 2008 General ME: Raw material cost increase is the greatest challenge faced by the Arab steel industry: Ahmad Ezz 7 May 2008 UAE: Mammut breaks ground on Nakheels Waterfront project 7 May 2008 Iran: Iran Offshore Engineering & Construction awards South Pars platforms design deal 7 May 2008 Turkey: Long Products prices still increasing 7 May 2008 Saudi Arabia: Saudi Oger secures USD400 mln construction contracts, includes construction of 2 aircraft hangers 7 May 2008 Saudi Arabia: UNICOIL increases production and exports in Q1-2008 7 May 2008
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