FeaturedOil & GasChina discovers new oil and gas in Xinjiang Uygur autonomous regionWebAdminJune 21, 2021 by WebAdminJune 21, 2021 Located in the Fuman Oilfield area, the well contains 1 bn ton of oil and gas... Read more
FeaturedHealthcareMubadala health buys 60% stake in UEMedicalsWebAdminJune 17, 2021 by WebAdminJune 17, 2021 The stake has been acquired from Jadawa Investment and United Eastern Group (UEG) and marked the company’s entry into the Saudi Arabia market... Read more
FeaturedOil & GasADNOC awards $510 mn contract to Saipem to expand Shah sour gas capacityWebAdminJune 16, 2021 by WebAdminJune 16, 2021 The contract will increase the plant’s capacity by 13% to 1.45 bn cubic feet per day by 2023... Read more
FeaturedReal EstateProperty sales surge by 250% during the first five months of 2021: EmaarWebAdminJune 7, 2021 by WebAdminJune 7, 2021 The developer also mentioned that the total sales reached up to Dh10.5 bn, compared to Dh3 bn recorded the previous year... Read more
AviationFeaturedQatar Airways to fly a daily Boeing 787 Dreamliner to Sharjah from JulyWebAdminJune 7, 2021 by WebAdminJune 7, 2021 The carrier cancelled its services to Sharjah in 2017 due to diplomatic reasons... Read more
EconomyFeaturedUAE’s economy to recover to pre-Covid-19 levels by 2024: Moody’sWebAdminMay 27, 2021 by WebAdminMay 27, 2021 The credit rating agency rated the UAE’s credit profile as Aa2 stable in its annual credit analysis... Read more
EconomyFeaturedSaudi Arabia’s inflation rate increases in April to 5.3%WebAdminMay 24, 2021 by WebAdminMay 24, 2021 The increase is primarily due to the rise in food and transport prices... Read more
FeaturedIslamic FinanceADIB launches digital platform for corporates in Iraq to meet growing business demandsWebAdminMay 20, 2021 by WebAdminMay 20, 2021 The bank wants to strengthen its presence in the Iraqi market by launching its digital platform titled ADIB Direct... Read more
EnergyFeaturedSirajPower signs an agreement for a 1.5 MW rooftop plantWebAdminMay 18, 2021 by WebAdminMay 18, 2021 The project spans over 12,000 square meters and it is estimated that the plant will be offsetting nearly 2,000 metric tons of CO2 emissions... Read more
FeaturedLogisticsDubai-based logistics giant Aramex names new chiefPritam BordoloiMay 6, 2021May 6, 2021 by Pritam BordoloiMay 6, 2021May 6, 2021 Aramex appoints Othman Aljeda as the new chief executive officer... Read more