Petrofac has been awarded a contract of an undisclosed value by Hess, a leading independent energy company, for the well-plugging and abandonment of four wells within...
Ian Pettigrew, Regional Head of Innovation for Global Liquidity and Cash Management, HSBC Bank (MENAT) spoke to Mayank Singh at the New Age Banking Summit, Dubai...
Oman’s Galfar Engineering & Contracting has been awarded the first construction contract for Khazaen Economic City, stated a media release. This is the first construction contract...
(Bloomberg) — The firm that’s transforming an archipelago, desert and mountains — an area about the size of Belgium — on Saudi Arabia’s Red Sea coast...
DP World, a global ports operator, and Zhejiang China Commodity City Group (CCC) have entered into a partnership to develop what is being touted as ‘Middle...
In 2018, Dubai’s foreign direct investment (FDI) reached 38.5 billion Dhirams – a 41% year-on-year growth – and climbed to 6th place in global FDI capital...
Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released recently. According to...
(Bloomberg) — Stocks across the Middle East’s most liquid markets declined in a sign that the latest escalation in the US-China trade war is deepening concern about...
Worldwide 5G wireless network infrastructure revenue will reach $4.2bn in 2020, according to Gartner Inc. This is an 89% increase from the 2019 revenue of $2.2bn....
The Sultanate enjoys an advantages geographical placement. This coupled with Oman’s peaceful socio-political and economic climate, make it an ideal digital centre for disaster recovery services,...
