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    Oil prices extend losses but EU gas prices near six-month peak

    Oil prices extend losses but EU gas prices near six-month peak

    16 Aug 2022

    Oil prices extended losses on Tuesday but European gas prices hit near six-month highs, in both cases fuelling fears of recession. Major stock markets mostly rose on bets that the...

    MISA signs $925 million deals in Q2

    MISA signs $925 million deals in Q2

    07 Aug 2022

    The Ministry of Investment of Saudi Arabia (MISA) reported the signing of a range of new investment deals in diverse sectors such as advanced manufacturing, construction and real estate, ICT,...

    Opec+ oil production boost to be slower than earlier months

    Opec+ oil production boost to be slower than earlier months

    03 Aug 2022

    The Opec and its allies decided on Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and...

    ADNOC announces second gas discovery from Offshore Block 2 Exploration Concession in Abu Dhabi

    ADNOC announces second gas discovery from Offshore Block 2 Exploration Concession in Abu Dhabi

    29 Jul 2022

    Abu Dhabi National Oil Company (ADNOC) on Friday announced a second discovery of natural gas resources in the first exploration well in Abu Dhabi's Offshore Block 2 Exploration Concession,...

    Future of sustainable development

    Future of sustainable development

    26 Jun 2022

    Inayat-ur-Rahman, Business Editor A sustainable project is an important, not to mention bold, commitment by a developer to furthering the field of sustainable development in the construction industry. The...

    EU, Israel and Egypt sign deal to boost gas exports to Europe

    EU, Israel and Egypt sign deal to boost gas exports to Europe

    15 Jun 2022

    Israel and Egypt will aim to boost natural gas exports to Europe under a memorandum of understanding (MoU) signed on Wednesday as the continent looks to replace Russian energy imports....

    Industrial and warehousing construction cost up in India

    Industrial and warehousing construction cost up in India

    11 Jun 2022

    V Nagarajan The economic slowdown due to the Covid-19 pandemic over the last two years has had a significant impact on India’s construction sector, which is sensitive to economic disruptions....

    Firm completes advisory ahead of IPO

    Firm completes advisory ahead of IPO

    08 Jun 2022

    Staff Reporter, Gulf Today EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced  that its Investment Banking division has successfully completed advisory on Ali Alghanim...

    Adani to become India's No.2 cement maker with $10.5 billion Holcim deal

    Adani to become India's No.2 cement maker with $10.5 billion Holcim deal

    16 May 2022

    Billionaire Gautam Adani's conglomerate plans to buy Switzerland-based Holcim AG's cement businesses in India for $10.5 billion, becoming the country's No.2 cement manufacturer in its largest-ever acquisition. Under the...

    A total of 567 projects identified worth Rs58,700 crore in India

    A total of 567 projects identified worth Rs58,700 crore in India

    06 May 2022

    Minister for Ports, Shipping Sarbananda Sonowal on Friday said that the Ministry has identified a total of 567 projects under convergence mode with an estimated cost of Rs58,700 crore. Addressing...

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