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Latest News
Qatar Petroleum signs deal on three Kenyan offshore blocks
Consortium will be comprised of Eni (the operator) with a 41.25% participating interest, Total with 33.75% and Qatar Petroleum with 25%, the statement said.
ADNOC, China's Wanhua Chemical sign deal potentially worth $12bln
Downstream operations in the oil industry include refining, sales and shipping.
Start ‘looking East’ as ‘great’ China will boom: Emaar Chairman Alabbar
Emaar has also announced that it will open an office in Beijing, in an attempt to expand its business activities in China.
Saudi Telecom Q2 profit climbs, announces dividend
STC's shares were trading 0.36% higher at SAR110 by 14:02 GST on Tuesday and have added 19.83% so far since the start of 2019
India's Reliance, Aramco talks on stake sale stall - sources
Reliance initially held talks on offering Aramco at least 20% in the special purpose vehicle covering refining, petrochemicals and marketing
Chinese language programme to launch officially in UAE schools in September
Ministry of Education is planning to recruit 150 Chinese language teachers for the academic year 2019-2020
China's Neolix to trial autonomous vehicles in Saudi, UAE
Neolix will build driverless vehicles customised to the region's weather conditions
Family businesses in Middle East target big growth: PwC
Sentiment weighed down by global economic outlook and narrowing margins
Oman Air cancels close to 900 flights amid Boeing 737 Max groundings
Affected routes include Mumbai, Hyderabad, Jeddah, Dubai, Jaipur, Kathmandu, Colombo, Amman, Kuwait, Medina, Doha among others
Abu Dhabi’s agri trade edges down to $2bln in 2018
Live animals and their products accounted for the lion's share of imports, exports
Insights
Will Bahrain's infrastructure drive pay off?
Projects central to long-term economic plan
Hedge funds buy oil as price risks shift to the upside: Kemp
Hedge funds and other money managers bought the equivalent of 84 million barrels in the six most important petroleum futures and options contracts in the week to July 16
Bulging fuel stocks put spotlight on slack oil consumption: Kemp
Sluggish consumption growth is depressing oil prices even as Saudi Arabia and its allies try to prop up the market by cutting their production.
