FeaturedReal EstateSales volume in Abu Dhabi real estate market to pick up in H2Pritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Developers are expected to offer lucrative incentives to potential buyers... Read more
AviationFeaturedQatar Airways seeks $5 bn compensation from 4 nations for airspace banPritam BordoloiJuly 23, 2020 by Pritam BordoloiJuly 23, 2020 The carrier launched international arbitration against Saudi Arabia, the UAE, Bahrain and Egypt... Read more
EnergyFeaturedAdnoc and ADQ form joint venture to invest in chemical projectsPritam BordoloiJuly 22, 2020July 22, 2020 by Pritam BordoloiJuly 22, 2020July 22, 2020 Adnoc will hold a 60% equity stake in the venture, while ADQ will have the remaining 40%... Read more
EconomyFeaturedGulf economies contracting in 2020 to recover in 2021Pritam BordoloiJuly 21, 2020 by Pritam BordoloiJuly 21, 2020 Analysts see a deep economic contraction in the hydrocarbon-producing region this year... Read more
FeaturedPorts and ShippingDP World in advance talk to acquire India’s Shreyas ShippingPritam BordoloiJuly 17, 2020 by Pritam BordoloiJuly 17, 2020 Shreyas Shipping is the Indian flagged vessel owning unit of Transworld Group... Read more
FeaturedOil & GasAramco to reorganise downstream business to support its global growthPritam BordoloiJuly 15, 2020 by Pritam BordoloiJuly 15, 2020 Aramco will expand its downstream business globally... Read more
FeaturedOil & GasGlobal oil demand will soar by a record 7 bpd in 2021:OPECPritam BordoloiJuly 15, 2020 by Pritam BordoloiJuly 15, 2020 Oil prices in 2020 have collapsed due to an oil price war and the coronavirus pandemic... Read more
FeaturedPorts and ShippingExpansion of DP World Sokhna’s Basin 2 in Egypt nears completionPritam BordoloiJuly 13, 2020 by Pritam BordoloiJuly 13, 2020 The project would result in 750,000 TEUs of added capacity... Read more
AviationFeaturedWizz Air Abu Dhabi to fly six new routes from October 2020Pritam BordoloiJuly 13, 2020July 13, 2020 by Pritam BordoloiJuly 13, 2020July 13, 2020 The carrier will fly two new Airbus A321neo aircraft... Read more
FeaturedReal EstateDubai’s real estate transaction in June signals a V-shaped recoveryPritam BordoloiJuly 10, 2020July 10, 2020 by Pritam BordoloiJuly 10, 2020July 10, 2020 Real estate sale transactions in Dubai jumped by 60% m-n-m in June... Read more