Diversification: A key pillar for the success of UAE economy

Diversification will continue to be a key pillar for the UAE in the coming years, said Marwan bin Jassim Al Sarkal, chief executive officer...

Qatari prince’s anti Gulf speech, was it a hack or a sincere declaration of...

On Tuesday 23rd of May 2017, a story broke by the Qatari News Agency stating that Sheikh Tamim Al Thani, the country’s emir, had...

Giant Wasit gas project ready

Saudi Aramco SDABO.UL has almost finished the construction of its giant Wasit gas project but is processing gas from the Karan gas field and...

Deputy Crown Prince: KSA is ready for post-oil era with $2tn fund

“Within 20 years, we will be an economy or state that doesn’t depend mainly on oil” Saudi Arabia has decided to get ready for post-oil era...

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...

$1 billion tower in Business Bay

Dubai Holding owned hotel group Jumeirah has entered a partnership with property investment company RP Global to manage the firm’s $1bn mixed-use tower development...

Kuwait awards $28bn contracts this year

Kuwait’s projects market received a KD5.2 billion ($17.1 billion) boost with the awarding of a new refinery and an airport terminal in recent weeks,...

Emaar to implement various projects in Dubai

Emaar properties PJSC, Dubai's largest developer, is tendering several projects in Dubai, which includes Vida Residence Downtown Dubai and Opera Grand, according to the...
Serenia Residences

Palma sells 70 per cent of homes

Palma Development has announced that it has already sold 70 per cent of Phase 1 at Serenia Residences, the sole residential-only community to take...

Kuwait oil firm plans 1GW solar energy scheme

Kuwait National Petroleum Company (KNPC), a subsidiary of state oil major Kuwait Petroleum Corporation (KPC), has invited companies to submit a letter of interest...
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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...