In what could be the world’s biggest IPO, Saudi Aramco has formally asked major banks to bid for potential roles in its planned initial public offering...
Panalpina, an international freight forwarding and logistics company based in Switzerland, is soon planning to set foot in Oman with its office opening in Muscat by...
UAE’s Federal Tax Authority (FTA) has introduced a new electronic system for registering excise goods as part of its plans to further improve excise tax procedures...
Oman’s Ministry of Commerce and Industry is all set to implement the Foreign Capital Investment Law from January next year. This new law, which was issued under...
Hilton and Kuwait-based Alshaya Group have signed an exclusive master development agreement to launch and develop 70 Hampton by Hilton hotels in nine countries with most...
Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun to restart...
Dubai’s Department of Economic Development has added 53 new business activities across a number of important sectors during the first half of 2019, according to media...
IBC Group, an UAE-based investment company, is planning to acquire 10,000 holiday homes in Dubai, according to an announcement made by the company yesterday. The $5bn...
Dhofar Wind Farm has achieved a major milestone by producing its first kilowatt hour of electricity after the project’s first wind turbine was connected to the...
As the crisis in around the Strait of Hormuz shows no sign of abating, P&O Cruises has taken what it calls an “unusual step” suspend its...
