FeaturedOil & GasOman’s crude oil price in September average $47.2 per barrelWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The Sultanate’s total oil production stood at 261.10 mn barrels for the first nine month of 2020... Read more
FeaturedReal EstateBahrain real estate to remain subdued for 12 months: SavillsInternational Finance Business DeskNovember 5, 2020 by International Finance Business DeskNovember 5, 2020 Residential rents in Bahrain are facing further downward pressure as supply outstrips demand... Read more
EconomyFeaturedOman plans to increase government revenue to OMR12 bn by 2024Pritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020 The plan is a part of Oman’s National Plan for Fiscal Balance 2020-2024... Read more
FeaturedWealth ManagementUBS forays into wealth management in QatarPritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020 UBS signed a MoU with the country’s Investment Promotion Agency... Read more
FeaturedOil & GasIraq’s rising oil exports to 2.8 mn bpd shows optimismPritam BordoloiNovember 2, 2020November 2, 2020 by Pritam BordoloiNovember 2, 2020November 2, 2020 The country had exported 2.613 million bpd of oil and its revenue had reached $3.43 billion in September... Read more
EnergyFeaturedMubadala sells 39% stake in Borealis to OMV for $4.68 bnPritam BordoloiOctober 30, 2020October 30, 2020 by Pritam BordoloiOctober 30, 2020October 30, 2020 The company currently holds a 25 percent stake in Borealis and the stake sale is in line with all regulatory requirements... Read more
FeaturedPorts and ShippingDP World posts 3.1% growth in container volume in Q3Pritam BordoloiOctober 27, 2020 by Pritam BordoloiOctober 27, 2020 The port operator handled 18.3 mn TEUs in the third quarter of 2020... Read more
FeaturedOil & GasIraq in discussion with Total to invest in two gas projectsWebAdminOctober 26, 2020 by WebAdminOctober 26, 2020 Iraq wants to cut down on its gas imports... Read more
FeaturedReal EstateAverage office rents in Dubai fall 6.5% in Q3: Knight FrankPritam BordoloiOctober 22, 2020 by Pritam BordoloiOctober 22, 2020 Prime office rents down by 4.7% during the period... Read more
AviationFeaturedEmirates looks to expand its reach in the African continentPritam BordoloiOctober 22, 2020 by Pritam BordoloiOctober 22, 2020 The carrier signed an interline agreement with South Africa’s Airlink... Read more