Standard Chartered has appointed Boutros Klink as the CEO, Middle East, excluding the UAE. In his expanded role, he will have oversight over all GCC & Non-GCC countries...
Ever since the first gleaming towers sprang out of the desert, Dubai has gotten used to rapid change. It’s no stranger to boom-and-bust. What’s happening now...
Billionaire Mukesh Ambani-owned Reliance Industries Ltd. is considering a plan to boost its oil-refining capacity by about half, people with knowledge of the matter said. The...
IMF says GCC economies to recover strongly in 2019 Overall energy price recovery would spur GCC economies to grow by 2.4 percent in 2018 and 3.0...
Oil major BP aims to spend $1.8 billion in Egypt next year and $1bn annually in Abu Dhabi as it looks to expand its operations in...
Dubai Holding LLC, the investment firm owned by the emirate’s ruler, agreed to acquire a minority stake in the operator of Zara clothing and Virgin Megastore...
Petrofac and its partner Takatuf Oman, the human capital solutions provider wholly owned by Oman Oil Company (OOC), today inaugurated their state-of-the-art institute designed to provide...
Malaysia’s Petroliam Nasional Berhad (Petronas) said its subsidiary would buy a 10% stake in Oman’s Al Khazzan gas field, following a bidding exercise held by the...
Toys”R”Us, Inc. today announced that it has entered into an agreement with Mirakl, the leading global marketplace solutions provider, to support the creation of a new online marketplace...
Uber’s new Safety Toolkit designed to improve driver and passenger security represents a ‘step change’ for the ride-hailing app, according to Sachin Kansal, global head of...
