Saudi Arabia keen to join oil projects in Asia

The king of Saudi Arabia, the world's largest oil exporter, is currently on a tour of Asian countries. The monthlong tour is meant to not only call for greater cooperation and investment to the country, but also to build long-term, stable relations with major Asian economies that are key oil consumers..... Read more »

Posted on : 3/10/2017

Siemens to supply turbines to 1,500MW Fadhili CHP plant in Saudi Arabia

South Korean company Doosan Heavy Industries & Construction has awarded a contract to Siemens to supply five F-class gas turbines for a planned 1,500MW combined heat and power (CHP) plant in Saudi Arabia.Under the contract, Siemens will supply five SGT6-5000F gas turbines for the CHP plant, which is scheduled to be commissioned by the end of 2019..... Read more »

Posted on : 3/10/2017

How to access the fastest growing construction market in the Gulf.

<p>The International Monetary Fund (IMF) is expecting <strong>Qatar</strong> to reach an annual growth rate of 3.4%, the <strong>highest forecast growth</strong> in the GCC region. </p>.... Read more »

Posted on : 2/23/2017

How to unlock Lebanon's construction opportunities.

<p>Held under the patronage of H.E. the Prime minister of the Republic of Lebanon Mr. Saad Hariri, Project Lebanon will boost the country&rsquo;s expanding construction and energy networks. As Lebanon&rsquo;s largest international exhibition..</p>.... Read more »

Posted on : 2/23/2017

Rove City Centre hotel opens in Dubai

<p>Rove Hotels, the mid-scale hotel brand developed by Emaar Hospitality Group, has opened its second property in Dubai.</p> <p>The 270-room Rove City Centre, under Rove Hotels, a joint venture of Emaar Properties and Meraas Holding, opens following the successful launch of Rove Downtown Dubai, next to The Dubai Mall and the Dubai International Financial Centre.</p>.... Read more »

Posted on : 1/28/2017

UAE, India Ink Comprehensive Strategic Partnership Deal

An umbrella agreement on elevating bilateral ties to a Comprehensive Strategic Partnership is among 14 agreements signed by India and the UAE following delegation-level talks between Prime Minister Narendra Modi and visiting Abu Dhabi Crown Prince Sheikh Mohamed Bin Zayed Al Nahyan in New Delhi on Wednesday..... Read more »

Posted on : 1/26/2017

Saudi Aramco to continue building oil, gas capacity to meet demand, says CEO

<p>Saudi Aramco Chief Executive Amin Nasser said the state oil giant was working on building its oil and gas production capacity to meet future demand growth.</p>.... Read more »

Posted on : 1/24/2017

Kuwait, Iraq sign said to sign deal to import gas

<p>Kuwait and Iraq have reportedly signed four cooperation agreements to boost bilateral ties, including a deal to import gas.</p>.... Read more »

Posted on : 1/24/2017

Kuwait Energy says signs $100m financing facility with Vitol

<p>Kuwait Energy said on Wednesday it signed a forward sale agreement with Vitol providing it with a financing facility for up to $100 million.</p>.... Read more »

Posted on : 1/24/2017

Libya's Sharara oilfield producing 58,000 barrels on first day of restart - NOC statement

<p>Output at Libya's Sharara oilfield reached 58,000 barrels on the first day of reopening after the lifting of a two-year blockade, the National Oil Corporation (NOC) said in a statement on Wednesday.</p>.... Read more »

Posted on : 1/24/2017