Oman OQ, Tanoil to Partner in Petroleum Products Retail Business

Plans are underway for Tanzania Petroleum Development Corporation (TPDC)'s subsidiary TANOIL to partner with an Omani conglomerate in oil and gas, Oman OQ to engage in retail business of petroleum products. .... Read more »

Posted on : 9/26/2022

Unit 3 will add another 1,400MW of zero-carbon emission electricity to the UAE's national grid

Emirates Nuclear Energy Corporation (ENEC) has announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah), has successfully started Unit 3 of the Barakah Nuclear Plant..... Read more »

Posted on : 9/26/2022

Dubai Manufacturing Company Powers First Metro Line in India

Ducab Group marked a milestone in its international operations after successfully supplying 140km of medium voltage (MV) cables for the Lucknow Metro project in the north Indian state of Uttar Pradesh..... Read more »

Posted on : 9/12/2022

Middle East and Africa Financial Institutions Have Ambitious Payments Modernization Plans

Volante Technologies, the global leader in cloud payments and financial messaging, on 5th September announced that, according to new original research.... Read more »

Posted on : 9/12/2022

KIZAD Welcomes Abu Dhabi's First Assembly Facility for Electric Vehicles

To meet the rising demand for environmentally friendly transportation solutions, KIZAD, a member of AD Ports Group's Economic Cities & Free Zones, today announced the signing of a lease deal with NWTN. The facility will build electric vehicle (EV) assembly lines in Abu Dhabi..... Read more »

Posted on : 9/9/2022

General Motors Doubles Middle Eastern Electric Future Plans

By announcing the fourth of 13 electric vehicles planned for the Middle East by 2025, General Motors Africa and the Middle East (GM AMEO) is moving forward with its goal for an electric future in the area. The business is also showing a variety of cutting-edge technology that will completely change the way we move in the future..... Read more »

Posted on : 9/9/2022

UAE government to put long-term emphasis on 3D printing in the upcoming years

With international corporations entering the market and vying with the fresh regional service-based start-ups, 3D printing is still in its infancy in the UAE. With 250 global competitors and 80 regional firms participating in the 3D Printing market in the UAE, the sector is currently very fragmented..... Read more »

Posted on : 9/9/2022

The CEO of Emirates Steel Arkan Group is considering expansion into new markets in Asia and Africa.

Emirates Steel Arkan's CEO, Saeed Ghumran Al Remeithi, stated that the company is exploring and entering new markets in Asia and Africa to increase its global competitiveness..... Read more »

Posted on : 9/8/2022

High Oil Prices Help Saudi Aramco Earn $88B in First Half

Saudi Energy Company Aramco said its profits jumped 90% in the 2nd quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a bonus for the kingdom and the crown prince’s spending power as people around the world pay higher gas prices at the pump while energy companies rake in top earnings..... Read more »

Posted on : 9/8/2022

UAE Oil & Gas Giant Hands out Five 'Largest-Of-Its-Kind' Drilling Deals

UAE’s giant Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements described as “largest-of-its-kind” totalling $1.83 billion (AED 6.72 billion) for drilling-related services to five firms..... Read more »

Posted on : 9/8/2022