Grandweld Shipyards and KOC top management during the delivery ceremony.
Dubai-based subsidiary of LUKOIL, Lukoil Marine Lubricants, has reached a renewal agreement with the subsidiary of Kuwait Petroleum Corporation (KPC), Kuwait Oil Tanker Company (KOTC).
Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant. State-owned Aramco›s bond issue, split into maturities ranging from three to 30 years, is seen as a gauge of potential investor interest in the Saudi company›s eventual initial public offering.
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
Eng. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, issued a ministerial decision approving the status of Economic Concentration in the UAE market for the upcoming acquisition of Careem — one of the leading start-ups
Construction consultancy Jacobs Mace has been named Expo 2020 Dubai’s Official Programme Delivery Management Provider, strengthening an already successful relationship and supporting Expo’s ambition to deliver a worldclass site
Chief Minister of the north Indian State of Himachal Pradesh, Jai Ram Thakur, has urged Indian business leaders in the UAE to participate in the development of the state by investing in promising sectors and assured them attractive returns on their investment.