January 21, 2015
Alderley, a leading engineering company operating in the oil, gas, petrochemical and water industry, has won a contract to supply nine oil metering systems and small volume provers for a project in Saudi Arabia
Saudi Arabia is delaying by eight years its target of completing a clean-energy program that includes a $109 billion solar power project.
Organisers said the show has grown by four percent this year and was filled to capacity.
The price of OPEC's basket of twelve crudes stood at US$43.04 a barrel on Tuesday, compared with US$43.87 a barrel the previous day, according to OPEC Secretariat calculations.
Emirates was the UAE’s most positively perceived home-grown brand in 2014, according to a YouGov ranking.
In a period of worsening employment figures and slower growth, as well as widening global income inequality.
With 1.35 billion users of its Internet social network, Facebook would rank as the world’s second-most populous nation if it were a country.
“The country’s period of miraculous break-neck growth is over, but let’s get over it.”
Brent crude oil prices steadied around $49 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel.
January 20, 2015
Saudi Arabia can cope with low oil prices for "at least eight years", Saudi Arabia's minister of petroleum's former senior adviser has told the BBC.
A section of the channel Egypt is building parallel to the Suez Canal suffered leaks in the early hours of Monday, causing no injuries.
Qatar’s emir will attend an economic summit due to take place in Egypt in mid-March, sources from both countries said on Monday, in a sign of easing political tension between the Arab states
January 19, 2015
Oman Drydock Company has handed over its 300th vessel since starting operations in 2011.
The National Agricultural Development Company (NADEC) achieved net profits amounting to SR 107 million net profits in 2014.
A Dubai-based private firm is leading a consortium in bidding to develop solar and wind power plants for Egypt as part of the country's plans to diversify its power generation mix amid its worst energy crisis in decades, the company's chairman said.