GCC investors pile in to North African energy

<p>UAE and GCC investors are gearing up to funnel buckets of cash into various African energy projects.</p>.... Read more »

Posted on : 6/11/2015

UNIDO and UAE launch initiative to define a global vision of manufacturing to promote inclusive and sustainable industrial development

<p>The Director General of the United Nations Industrial Development Organization (UNIDO), LI Yong today launched the Global Manufacturing and Industrialization Summit (GMIS) Initiative, together with Sultan Bin Saeed Al Mansoori, Minister of Economy of the United Arab Emirates (UAE).</p>.... Read more »

Posted on : 6/11/2015

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