Sabic's fourth quarter net profit declines
Profitability impacted due to sharp decline in lower average sales prices, especially, in metals segment
View ArticleSaudi Arabia invites bids for first major renewables projects
Projects will be developed under the independent power producer (IPP) model
View ArticlePPP model offers solutions for Oman’s real estate market
Subsidy cuts and economic reforms come as the government looks at ways to limit public spending amid falling oil prices
View ArticleRetail in need of therapy
Growth looks certain to slow down in the Saudi retail market, with declining confidence and rising costs
View ArticleShaking up the status quo
The recently announced series of economic reforms looks to set the tone for the future direction of the kingdom’s current leadership
View ArticleAudit Bureau rejects Kuwait airport award
Turkish/local joint venture offered $4.3bn for Terminal 2
View ArticleDaimler to open Iran office in first quarter
Production and sales of Mercedes-Benz trucks to begin within the year
View ArticleSaudi Arabia slashes advanced payments
Finance Ministry has reduced payments and also specified they should not exceed SR50m
View ArticleAbu Dhabi assessing bids for $3bn refinery project
New facilities at Ruwais refinery will process crude from offshore fields
View ArticleEfficiency, competitiveness and business key for Saudi economic agency
The Council for Economic & Development Affairs (CEDA) was formed in 2015
View ArticleBahrain invites bids for Tubli sewage plant expansion
Expansion project will double capacity of existing wastewater plant
View ArticleSaudi Arabia to develop PPPs for education
Move to improve the quality of learning could revolutionise kingdom’s education system
View ArticleAramco CEO expects 'price adjustment' at the end of 2016
State oil major predicts higher demand for oil will lead to adjustment at year-end
View ArticleGE wins Iraq power contract
US firm will install equipment at 10 sites around the country
View ArticleGulf Petrochem set to tender oil storage expansion
UAE group to add new capacity at its Fujairah operation
View ArticleItalian export credit agency inks Iran deal
Agreement covers claims paid by Sace to Italian companies after sanctions were imposed
View ArticleKuwait extends bid deadline for power plant expansion
Project will extend capacity of existing Subiya facility by 750MW
View ArticleNakheel awards Palm Gateway contract
Chinese and South Korean contractors to work on the project
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