UAE economy to grow 5.7% in 2024 in spite of global challenges
Abu Dhabi, UAE-- The UAE economy is projected to grow by 5.7% in 2024 despite prevailing global economic challenges, including...
Business
Hassan Allam Holding moves to the intelligent Microsoft Cloud
HAH made the move to Microsoft Azure during the COVID-19 crisis Egyptian company employs over 35,000 people across the...
COP26 Update: UAE focuses on carbon reduction strategies
A UAE climate negotiation team is attending the United Nations Framework Convention on Climate Change (UNFCCC) The meetings aim...
Sheraton appoints a celebrity chef for its property in Amman
The Portuguese native has built his career through assignments at various international restaurants and hotels across the world The...
Saudi Arabia economy ‘robust,’ says French delegation
Delegation representing MEDEF International is on a three-day visit to the kingdom French startups and SMEs specializing in high-value...
Saudi Arabia to use cooking oil to fuel transport in Red Sea Project
It has teamed up with the region's largest biofuel producer to help fuel the site's transportation network This is...
GISEC 2021 Update: Experts discuss hacker threats to working from home
Disabling of firewalls, reuse of passwords, installation of over-simple passwords biggest mistakes when working from home Companies need to...
$50-billion global plan mooted to deal with pandemic, drive recovery
$50 billion needed to enhance manufacturing capacity, supply, trade flows, and delivery Governments urged to act or risk continued...
Expats leave Oman in droves as country struggles to contain unemployment
Some 200,000 expats leave Oman as country wrestles with rising unemployment The Coronavirus pandemic and low oil prices last year...
Kalaam Telecom acquires Kuwaiti ISP leader Zajil Telecom
The combined entity will turn it into a $100m technology solutions company Kalaam will be among the top three...
Iraq’s oil revenue rises to $6 billion in May
Iraq got a boost from high oil prices as it made some $6 billion in oil revenues. The country...
Company News
Latest News
UAE and Brazil discuss boosting trade, energy, strategic ties
Brasilia, Brazil-- The UAE and Brazil have explored opportunities to develop cooperation in trade, energy and climate issues in a...
Geostrategy
Most Read
Business
Adnoc and Occidental sign deal
They will conduct a study to build a direct air-capture facility.
- The deal was signed after the two companies had signed a collaboration agreement to explore carbon capture, utilisation and storage (CCUS) projects in the UAE and the US
- The one-million-tonnes-per-annum facility will be be connected to ADNOC’s CO2 infrastructure for injection and permanent storage into saline reservoirs
Business
Kazakhstan’s BSG Technology to set up business in UAE next year
Abu Dhabi, UAE-- Kazakhstan's BSG Technology is looking to expand its operations into the Middle East, and begin operations in...
- BSG Technology intends to launch its operations in the UAE market in 2024 and in this regard it has partnered with a local company
- Baimukhanbetov said the energy sector in the Middle East is large, offering many opportunities to companies for expansion in the field
Business
Adnoc Gas awards contract
Nearly US$615m will be paid to build carbon-capture units.
- Adnoc Gas said the large-scale project reaffirms its steadfast commitment to maximising energy output while minimising emissions
- The project expected to be started in 2026 will inject CO2 for permanent storage in ADNOC Onshore's Bab Far North Field