Enersol, a joint venture set up between the UAE’s ADNOC Drilling and Alpha Dhabi to pursue acquisitions, has agreed to acquire a 95% equity stake in the US-based Deep Well Services (DWS), for ...

ExxonMobil now expects a final investment decision for its Rovuma liquefied natural gas (LNG) project in Mozambique in 2026, the company said on Wednesday, pushing back the financial go-ahead by ...

Saudi Arabia’s state energy giant Aramco’s Q3 2024 net profit plummeted over 15% year-on-year (YoY) to $27.6 billion, weighed by the impact of lower crude oil prices and weakening refining margins.

Well digitalization program to utilize ADNOC’s cutting-edge 5G network and industry-leading AI solutions to improve safety and future-proof operations Over 80% of the award value to flow back into the ...

The robust profitability of Nigerian banks is expected to continue in 2024, enabling them to absorb higher credit losses and meet increased capital requirements, according to S&P Global Ratings. The ...

Sharjah: The sixth Adventure and Camping Exhibition is witnessing a remarkable turnout of visitors, who flock to Expo Al Dhaid from across the UAE to explore an extensive range of off-roading and ...

Kuwait - In a bid to meet the growing needs of customers for digital connectivity and seamless experiences, Ooredoo Kuwait, the leader in telecommunications and digital solutions, has announced the ...

Abu Dhabi’s ADNEC Group has completed the acquisition of BDCG Holdings Company, which owns one of the biggest exhibition spaces in London, the Business Design Centre (BDC). The deal was completed ...

DOHA-- The 26th Gulf Cooperation Council (GCC) Meeting of the Committee of the Ministers of Transport kicked off Thursday in the Qatari capital, Doha, with the participation of Kuwait. The recent ...

Al Mudhaibi Industrial City, pertaining to the Public Establishment for Industrial Estates “Madayn”, signed the first investment contract with Desert Sand Mobile Trading to set up a manufacturing unit ...

Egypt’s Suez Canal Economic Zone (SCZONE) unveiled on Monday plans for a vast 4-million-square-metre (sqm) pharmaceutical industrial zone to attract medicine and medical device manufacturers, aligning ...

Abu Dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.90% to 4.65%, effective from Friday, 08 ...