Indian biking icon Royal Enfield goes the distance in the UAE

<p>Maker of the legendary Bullet, Royal Enfield opens showroom in Dubai</p><p>Dubai: The name being one of India’s original automotive icons, the heavy-duty two-wheeler Bullet, has decided to go the full distance in the UAE with a stand-alone showroom.</p>.... Read more »

Posted on : 6/10/2015

UAE's Masdar in talks with Germany's RWE on green energy projects

<p>United Arab Emirates green energy firm Masdar may invest in renewable energy projects jointly with RWE, Germany’s second-biggest utility, a source familiar with the matter told Reuters on Wednesday.</p>.... Read more »

Posted on : 6/10/2015

Infiniti Mideast close to leaving Nissan's nest

<p>Premium brand will achieve stand-alone status by end of 2016 and won’t have to share showrooms with parent brand Nissan</p>.... Read more »

Posted on : 6/9/2015

Qatar buys $1.2 bn HK Electric stake from Li Ka-shing's firms

<p>Qatar Investment Authority has bought an aggregate stake of 19.9 percent in HK Electric Investments Ltd from billionaire Li Ka-shing’s firms for HK$9.25 billion ($1.19 billion), as the global investor seeks investment opportunities in Asia.</p>.... Read more »

Posted on : 6/9/2015

Drake & Scull bags Dh350m contracts in Oman

<p>Company will be involved in MEP works for Oman convention centre, two hotels and an airport hangar facility</p>.... Read more »

Posted on : 6/8/2015

Dana Gas spuds first well onshore Egypt

<p>Dana Gas announced on Sunday it drilled the first in some 30 wells onshore the Nile delta in Egypt.</p>.... Read more »

Posted on : 6/8/2015

National Drilling Company signs $543mn rig deals

<p>National Drilling Company in the UAE has signed $543mn contracts to buy 14 new rigs, state news agency WAM reported on Sunday.</p>.... Read more »

Posted on : 6/8/2015

South Pars phases 15 and 16 near completion

<p>Phases 15 and 16 of South Pars gas field will be completed by June 21 and will be ready for full-scale use, according to the Islamic Republic News Agency.</p>.... Read more »

Posted on : 6/7/2015

GIS looks to put idle rigs to work

<p>Qatar firm Gulf International Services (GIS) has leased out one of its jack-up platforms, and is considering leasing out a second, it has announced.</p>.... Read more »

Posted on : 6/3/2015

Bentley Mulsanne Speed Launched in UAE

<p>The Middle East is one of most profitable markets for Bentley Motors. The British luxury car manufacturer reported a seven per cent increase in its sales in the region last year, and dealers in UAE and Saudi Arabia are among the top three Bentley dealers in the world.</p>.... Read more »

Posted on : 6/2/2015