Abu Dhabi’s government-owned oil giant received the region’s highest credit rating as Middle Eastern producers, including the world’s largest Saudi Aramco, pursue international investors and seek...
Standard Chartered Plc and BNP Paribas SA are among about a dozen banks likely to be added as co-managers for Saudi Aramco’s landmark international bond sale,...
Facilities Management (FM) companies are now starting to go through a significant transformation to catch up with the new demands in the marketplace. Competing in the...
The Middle East was a bright spot for global liquefied natural gas (LNG) demand in 2015. Now imports have plummeted so much that it could take...
Saudi Arabia expects to reduce oil output once again in February and pump for six months at levels “well below” the production limit it accepted under...
Satorp, the joint venture between Saudi Aramco and Total SA, hired Sumitomo Mitsui Banking Corp. and Riyad Bank to help raise funds to develop a petrochemical...
The Dhs3.2bn project is expected to generate 1,177 MW of energy. Abu Dhabi’s Department of Energy has begun operations at the world’s largest independent solar power plan,...
Oman’s Duqm Refinery has received an investment of $100m from Apicorp. The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, has announced a $100 million-investment as...
Shell Oman celebrated its 60th anniversary of excellence in in the Sultanate of Oman. The Company’s diamond jubilee celebration event was held under the auspices of...
Shell Intilaaqah, the flagship enterprise development programme of Shell Development Oman, took part in the 6th edition of “Ebdaat Omania”, the much-anticipated entrepreneurs’ event, organized by...