Bahrain to develop new oil reserves in the Khalij Al Bahrain basin
Bahrain will invite oil companies to explore the 2,000 sq km oil and deep gas resources...
Tag : Middle East
Dubai launches new remote property registration system
The new system is designed to allow real estate owners to complete sales transactions from anywhere in the world...
STC Bahrain and NEC join hands to launch virtual prepaid Mastercard
The new facility will allow users carry out transactions in a much faster, safer and efficient way...
Saudi Arabia grants 348 licences in Q12020 to foreign investors
This is a 19% increase when compared to the same quarter in 2019...
Middle East is world’s second best market for clean energy investments
A report published by Ashurst observed that the region houses some of the largest renewable projects...
Adnoc Distribution’s app sees 9 mn contactless transactions
Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID...
Qatar Airways in talks to postpone aircraft purchase
The carrier is in talks with Boeing and Airbus to defer orders for several years...
Abu Dhabi’s state fund Mubadala sells $4 bn in three-tranche bonds
The sale received more than $23.5 bn in orders...
IATA: Average airfare in Middle East to jump by 50%
This is mainly due to the social distancing measures adopted to fight the virus...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...