Iraq in talks to build crude oil storage facilities in China
The recent developments are part of Iraq’s plan to boost oil sales in Asia...
Tag : Middle East
Saudi Arabia to launch new electronic instant payments system
The new payment system is designed to reduce the dependency on cash in the Kingdom...
Qatar Petroleum signs contract for North Field LNG project expansion
The LNG supplier wants to boost output by 40% a year by 2026...
Saudi Arabia’s economy shrank by 3.8% in Q4 2020
According to preliminary estimates, the Kingdom’s economy contracted by 4.1% last year...
Irish fintech Global Shares sets up ME headquarter in Riyadh
The fintech has also partnered with NCB Capital, the investment arm of the National Commercial Bank...
Dubai real estate records 51,414 sales transactions in 2020
During the period, Dubai attracted 31,648 new investors and investments worth over Dh73.2 bn...
Saudi Arabia to become Germany in renewables: Energy minister
The Kingdom plans to replace petroleum with solar and gas...
Batelco and Wanclouds join hands to deliver multi-cloud migration solutions
The solution is particularly well suited in meeting the needs of medium and large enterprise customers...
Dubai property market shows sign of recovery in second half of 2020
Sales and rental markets in the UAE have shown a high level of tenacity...
HSBC issues green finance facility for UAE-based Lamprell
Around $48 mn has been raised which will be used on the Seagreen offshore wind farm project...