- The two premium jack-up units will be operational in Q3 2022.
The units, being acquired from Well Target Five Limited and Well Target Six Limited, are Gusto MSC design, premium independent leg cantilever rigs.
Since listing on the Abu Dhabi Securities Exchange in October 2021, ADNOC Drilling has expanded its fleet from 96 to 104 owned rigs.
- Egypt has set its eyes upon doubling exports to $100 billion in the next few years, and building a 'strategic...
Madbouly said the world is today witnessing governments and peoples suffering from inflation and high prices
He pointed out that integration and coordination with the UAE and Jordan will contribute to achieving an important part of self-sufficiency
- Mercedes team chief Toto Wolff on Sunday hinted at what may be needed for the under-threat Monaco Grand Prix to...
Formula1 race promoters seek to extend the event’s contract with commercial rights holder Liberty Media
F1 is important for Monaco and Monaco is important for F1, but need positive approach, says Toto Wolff
- The countries allocated a US$10bn investment fund, to be managed by ADQ Holding, to accelerate the partnership objectives.
The countries allocated a US$10bn investment fund, to be managed by ADQ Holding, to accelerate the partnership objectives
The partnership seeks to enhance growth across food and agriculture, fertilisers, pharmaceuticals, textiles, minerals, and petrochemicals
- Public Investment Fund’s stake purchase in Kingdom Holding is part of the Saudi Arabia’s Vision 2030, Arun Leslie John, Chief...
Kingdom Holding Company recently signed an agreement with the Public Investment Fund to sell 625 million shares, representing 16.87% of the company’s share capital
The PIF, which manages over $600 billion in assets, is at the center of Mohammed bin Salman’s ambitious agenda to diversify the Saudi economy away from oil
- The Federation of Saudi Chambers, represented by the Saudi-French Business Council, will host a key French delegation representing the entertainment...
The French delegation comprises 30 business owners and major French entertainment companies in the field of amusement parks, and manufacturing sports products.
Some 100 business owners and Saudi entertainment companies and the national entertainment committee at the federation could participate in the meeting.
- Dubai ranked first in the Middle East and North Africa (MENA) region and second in the world in attracting foreign...
Surpassing other major cities such as New York, Singapore and Berlin, Dubai improved its rankings from fifth in 2020.
In terms of the number of new jobs in the creative economy, Dubai held on to its top rank regionally and fourth globally with 6,204 new jobs created from FDI.





















