Saudi Industrial Export Co., the best performing stock in Saudi Arabia this year, has escaped recent volatility in the kingdom’s market and is seeking a new...
Saudi Basic Industries Corp. posted a 5.4 percent increase in third-quarter profit, meeting analysts’ estimates. Net income rose to 6.1 billion riyals ($1.63 billion) from 5.8...
As the sun reaches its crest over Oman’s sandy landscape, temperatures soar past the point at which it can melt a road. The searing heat triggers...
Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged...
The Sultanate continued investments in the oil and gas sector despite the oil price drop since 2014, HE Dr. Mohammed bin Hamad Al Rumhy, Minister of...
Petroleum Development Oman (PDO) recently held its inaugural In–Country Value (ICV) Awards event to celebrate businesses and organisations which have gone the extra mile to support Omani economic...
The world is on course to need around a third more energy over the next two decades, and most of that is coming from developing economies....
Oman LNG’s social investment programmes cover the entire Sultanate with more than 6000 projects – ranging from education to healthcare to preserving the environment and road...
BP Chief Executive Bob Dudley expects a flood of US shale and the reopening of Opec taps to cool the oil market after crude rose above...
In recognition of the state-of-art development and completion of the Sohar Refinery Improvement Project (SRIP), the nation’s refining and petrochemicals flagship – Oman Oil Refineries and...