SNOC and Eni announce production in Mahani gas field
The announcement comes within only one year of the discovery of gas in the field...
Tag : Middle East
Dubai property prices decline by 0.9% y-o-y in Q3
by WebAdmin
Rents also declined by 6.9% y-o-y in Q3, according to its central bank...
UAE’s GDP is estimated to shrink by 6% in 2020
However, the economy is expected to grow 2.5 percent in 2021...
STC fined $2.67 million by Saudi authority
According to general authority for competition (GAC), STC was fined for abusing its dominant position...
UAE-based telco Etisalat Group names new CEO
The telco appointed Hatem Dowidar as their new chief...
Secondary residential sales in Dubai hits 7-year high
Last month, 3,928 transactions worth $2 bn were recorded in the emirate...
Saudi Arabia announces $263.91 bn budget for 2021
The Kingdom will spend 7% less than estimated spending for this year...
Amazon launches payments services for businesses in MENA
The ecommerce giant announced the launch of its fintech arm Amazon Payment Services...
Oman announces the foundation of a new state-owned energy company
The purpose of the new company is to transfer government stake in Concession Area 6 to EDO...
DP World mulls linking Europe and ME via Israel
Initial trade volume between Israel and the UAE could reach $5 bn...