Liwa plastic scheme project in Oman
Oman Oil Refineries & Petroleum Industries Company (Orpic) is in negotiations with preferred bidders for the Liwa Plastics project. The petrochemicals company met with preferred...
Most expensive Middle Eastern cities
Qatari capital Doha has been ranked as the most expensive city in the Middle East and the 12th priciest worldwide for expatriates, according to...
First nuclear power plant project
The Emirates Nuclear Energy Corporation announced that it has awarded contracts worth $2.5bn to local firms to construct the United Arab Emirates’ first nuclear...
Saudi Arabia calls for international companies direct investment with 100% ownership in the field...
SAGIA Saudi Arabia have announced that they will start accepting bids from international companies that want to invest directly with the ownership of 100...
Following EU’s footsteps… Would there be a Gulf integrated market?
A persistent question circulated among the Arab and Gulf world: “Will there be an Arab Gulf common market”, following a report by Ernest &...
Kuwait aims to boost industrial output by 25%
Kuwaiti Reports; Mohammad Al Ajmi, director-general of the Public Authority for Industry, announced plans to boost Kuwait’s industrial output by 25% in the coming...
Oman’s budget deficit grows to nearly $7bn on cheap oil
Oman posted a budget deficit of OR2.68 billion ($6.97 billion) in the first eight months of this year, provisional Finance Ministry data showed on...
Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet...
Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest...
Iran welcomes stability in the Middle East
Iranian President Hassan Rouhani said on Monday stability could not be achieved in the Middle East without Tehran’s help. “Who can say regional stability...
Trump meets Mohammed Ben Salman
Saudi Deputy Crown Prince Mohammed bin Salman left Saudi Arabia on Monday, heading to the United States for a visit scheduled to include talks...
Saudi leads Gulf up as foreign investor limits eased
Saudi Arabia led Gulf stocks higher last week as Riyadh eased restrictions on foreign investment in its securities markets, while most other bourses in...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...