The UAE aims to change its carbon footprint
Relentless construction, a booming aviation sector and near-permanent air conditioning: Dubai is not an obvious contender for the title of one of the world’s...
Oman awards projects & contracts up to $274m
Omani government last week awarded projects worth RO105.7 million ($274 million) including the construction of infrastructure at the new residential area in the Wilayat...
Mobily financial results
Saudi Arabia’s Etihad Etisalat (Mobily) said on Sunday that accounting changes would increase its 2014 loss by about SAR 830m ($221m) to SAR 1.745bn.The...
Dubai uses 3G technology to manage traffic congestions
Dubai’s Roads and Transport Authority (RTA) has announced the completion of connecting all traffic signals in the emirate (408 junctions) with the Traffic Control...
In Greece, Reforms ‘going to fail’
As the Greek increased Taxes, Former Greek Finance Minister Yanis Varoufakis has told the BBC that economic reforms imposed on his country by creditors...
China’s Honghua wins Iraq drilling services contract
China-based Honghua Group, a leading global land drilling rig manufacturer, said it has entered into an agreement worth $26 million with an Iraqi firm...
logistics centre in Saudi Arabia
The Saudi Industrial Property Authority (Modon) has signed a deal with the International Dar Al Bandar Company (Arabic Landmark), to build an integrated 150,000-sq-m...
Greece crisis threatens Gulf countries
by Maye Kabil: Greeks rejected austerity conditions of a rescue package from creditors last Sunday, throwing the future of the country’s Eurozone membership into...
Prince Alwaleed thanks the Saudi people
RIYADH: As an expression of his gratitude to the Saudi nation and its people, Prince Alwaleed bin Talal announced the resumption of the two...
Dubai awards key internal road project
Dubai's Roads and Transport Authority (RTA) said it has awarded a contract for an internal roads project at Al Barsha area of the emirate.
Al...
Bahrain’s cineplex project
Bahrain Cinema (Cineco) company manages a large number of cinemas and restaurants within Bahrain and the Gulf Cooperation Council countries. The company who owns...
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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...
El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez
Minister of Petroleum and Mineral Resources Eng. Tarek El Molla and ADES Drilling Company CEO Mohamed Farouk have witnessed the signing of...