Ports and ShippingAquaChemie to develop $40 mn chemical terminal in UAEPritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 To be developed at Jebel Ali Port in Dubai, the facility will serve as a strategic gateway to facilitate chemical trade across GCC... Read more
EconomyUAE to see higher growth due to greater spendingPritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019 The UAE’s economy is projected to grow by 2.3% in 2019, according to its central bank... Read more
Oil & GasAramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more
Oil & GasAbu Dhabi mulls over $1.5 bn Aramco investmentPritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 The investment will be made through Abu Dhabi’s state-owned entities... Read more
Islamic BankingDubai Islamic Bank, Noor Bank agree to share-swap dealPritam BordoloiNovember 26, 2019January 24, 2020 by Pritam BordoloiNovember 26, 2019January 24, 2020 One share in Dubai Islamic Bank will be swapped for 5.49 shares in Noor Bank... Read more
AviationEmirates buys 30 Dreamliner worth $8.8 bn from BoeingPritam BordoloiNovember 25, 2019 by Pritam BordoloiNovember 25, 2019 The delivery process will start in 2023 and continue for the next five years... Read more
Oil & GasSaudi Aramco lures investors in Dubai for IPOPritam BordoloiNovember 25, 2019January 24, 2020 by Pritam BordoloiNovember 25, 2019January 24, 2020 The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia... Read more
Ports and ShippingDP World’s $520 mn Sokhna port expansion nears completionPritam BordoloiNovember 22, 2019 by Pritam BordoloiNovember 22, 2019 The expansion will take DP World’s total investment in Egypt to $1.6 bn... Read more
Islamic BankingDubai Islamic Bank weighs in on Noor Bank acquisitionPritam BordoloiNovember 21, 2019January 24, 2020 by Pritam BordoloiNovember 21, 2019January 24, 2020 The board of directors are expected to meet on November 25 to discuss the possible acquisition... Read more
EnergyGCC: Solar projects to create 200,000 jobs by 2030Pritam BordoloiNovember 20, 2019 by Pritam BordoloiNovember 20, 2019 GCC nations will generate 40GW of energy through solar projects by 2030... Read more