Trump, US oil companies to discuss tariffs on Saudi oil
CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House...
Tag : Middle East
Aramco mulls selling pipeline stake to raise cash
Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic...
Saudi Arabia to develop $1.8 bn chemical plant in the kingdom
The project will be developed by Saudi Arabia’s Advanced Petrochemicals and South Korea’s SK Gas Petrochemical...
UAE banks provide 98% of services digitally amid coronavirus outbreak
A study also revealed that digital banking users significantly increased to 90%...
Real Estate deals in Oman fall by 30.6% in January 2020
The number of plots issued also falls by 14.7%...
10 banks commit $9 bn in loans as a part of DP World debt deal
The group of 10 banks includes Credit Agricole, Emirates NBD, First Abu Dhabi Bank, HSBC, JPMorgan, and Standard Chartered...
Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...
Adnoc awards contracts worth $1.65 bn for gas development projects
The contracts are awarded to Petrofac and a JV between Petrofac and Sapura Energy...
IATA: Airlines need $250 bn bailout package to survive Covid-19 outbreak
Global air travel down by 94 percent...
Mubadala acquires a 3.4% stake in UK fintech Finablr
The acquisition is made MIC Capital Partners, a fund owned by Mubadala Investment Company...