Adnoc to supply over 4 mn bpd from April as global oil price plunges
The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030...
Tag : Middle East
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...
Etihad Airways to fly its Boeing 987-9 Dreamliner jet to Vienna
Etihad will fly daily to Vienna in Austria from December 1, 2020...
Global oil prices plunge as Saudi-Russia negotiations collapse
Saudi Arabia decides to cut prices by nearly 10%...
Coronavirus may lead to losses of $4.9 bn for Middle East airlines
With new coronavirus cases being reported in the Middle East, passenger numbers are expected to drop by 23%...
Bahrain mulls issuing digital version of its currency
The Central Bank of Bahrain is conducting a study on the possibilities...
UAE is first Mideast country to produce nuclear energy
UAE officially starts power operation at the Barakah nuclear power plant...
National Bank of Fujairah and Ripple to facilitate cross border payments
The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank...
Dubai’s logistics startup iMile secures $10 mn funding to expand in ME
The round was led by an unnamed venture capital firm active in the Chinese logistics market...
Mubadala mulls investment in healthcare company NMC Health
Mubadala is reportedly considering buying a stake as well as acquiring a board seat in the healthcare company...