Fujairah’s stockpiles of heavy distillates and residues fell down for the first time in three weeks on signs of additional demand amid higher prices at competing...
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...
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...
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...
Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah Oil Industry...
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...
China CNPC has extended its contract for developing an aged oilfield in Oman for another 15 years, Reuters quotes Chinese state oil and group as saying....
The Cisco Predictions for Middle East include that Mobile Networks Will Support More Than 1 Billion Mobile Users in MEA by 2022 According to this year’s...
HSBC has appointed Martin Tricaud as Chief Executive Officer for the Middle East, North Africa and Turkey (MENAT) region, with effect from 1 June, 2019, subject...
Over the 12 months to October 2018, price change for consumer goods and services (excluding housing) in the Gulf Cooperation Council (GCC) countries rose by 4.2%, according to figures...
