Use of electronic payments helps boost UAE GDP, jobs

UAE experienced over a six percentage point increase in card usage, said the study, conducted by Moody's Analytics and commissioned by Visa..... Read more »

Posted on : 3/11/2016

Dubai hospitals 'could save big from green practices'

Hospitals and other healthcare facilities in Dubai, UAE could save millions of dollars through efficient energy, water and waste management practices, a top official said..... Read more »

Posted on : 3/10/2016

First renewable energy-powered desalination plant unveiled

<p>Monsson Group, leading company in renewable energy, yesterday announced its entry into the Qatari market with its Reverse Osmosis water desalination powered by renewable energy. </p> <p>The project is located in a farm owned by Ali Hussain Ali Al Sada and it is arguably the first fully automated and remotely controlled plant, with low energy consumption and without operating personnel.</p>.... Read more »

Posted on : 3/10/2016

Saudi Arabia looks to double gas output by 2026

<p>Saudi Aramco plans to nearly double its gas production in the Kingdom to 651.2mn standard cu/m per day in the next decade</p>.... Read more »

Posted on : 3/10/2016

The top 20 companies to work for in UAE revealed

Dubai: Everyone wants to work for a company who is passionate about people and ensures employees are treated with respect, enjoy work-life balance and recognised for their efforts..... Read more »

Posted on : 3/9/2016

Adwea selects advisers for 350 megawatt solar park in Abu Dhabi

<p>Advisers have been chosen for the 350-megawatt solar park in Abu Dhabi announced last year, according to industry insiders.</p> <p>Abu Dhabi Water and Electricity Authority (Adwea) has selected its financial, legal and technical advisers for the project to be built in Sweihan, about an hour’s drive east of the capital.</p>.... Read more »

Posted on : 3/9/2016

Oil exporters to meet on March 20 to discuss output freeze

<p>Oil prices rose above $40 a barrel on Wednesday, driven by anticipation that the world's largest exporters could agree this month to freeze production and help erode the largest global build in unwanted crude in years.</p>.... Read more »

Posted on : 3/9/2016

767kW solar power project in Vanuatu marks UAE-Pacific Partnership Fund's latest success

<p>The recent completion of a solar power project for the Pacific nation of Vanuatu marks the latest stage of the ground-breaking United Arab Emirates-Pacific Partnership Fund (UAE-PPF). The installation of three new solar PV plants represents another milestone for an imaginative and innovative initiative that has captured international attention with its potential for developing countries.</p>.... Read more »

Posted on : 3/8/2016

Chevron plans to slash budget in next two years

<p>American oil and natural gas producer Chevron Corp on Tuesday said it will slash its budget by at least 17% for the next two years to save cash due to the low crude oil prices.</p>.... Read more »

Posted on : 3/8/2016

Petromin Confirmed as a Business Partner in Nissan's Expansion Strategy in Saudi Arabia

<p>Nissan has announced a new business partner - Petromin Corporation ( Petromin ) in the Kingdom of Saudi Arabia. Petromin will join Alissa as the second strategic partner to Nissan as it continues its growth and expansion across the Kingdom.</p>.... Read more »

Posted on : 3/8/2016