Month: August 2017

For a fifth straight year, Aramco participated in North America’s Unconventional Resources Technology Conference (URTeC) with an eye toward learning and sharing its proficiency in optimizing production from unconventional resources — namely shale and tight gas. Aramco has added an international dimension to URTeC since the conference debuted in 2013. Upstream staff members have served

The cash flow circulating on the UAE market by UAE nationals and residents, including individuals and corporations alike, gained AED5.1 billion during H1 2017, bringing to AED67.4 billion the money supply circulating outside the banking sector by the end of June, according to UAE Central Bank statistics. On a YOY basis, the liquidity available outside

Saudi Aramco signed a contract with a consortium comprising Saudi Archirodon Company Ltd and Huta Hegerfeld AG Saudia Company for dredging, reclamation and marine structures for King Salman International Complex for Maritime Industries and Services in Ras Al-Khair. The contract is the first major undertaking for the maritime complex where contractors will conduct dredging and

Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, is presenting a vast range of upcoming initiatives, events and activities to welcome residents of Saudi Arabia to experience the emirate’s unique heritage, culture and traditions throughout the course of 2017. The campaign underscores Abu Dhabi’s position as a leading destination for regional travellers wanting to

Exhibition held in line with ‘Sharjah Summer’ campaign Over 60 amateur & professional photographers from different countries participating Sharjah, August 07, 2017 – The ‘Vantage Point Sharjah 5’ exhibition was recently launched at the Sharjah Art Foundation’s Gallery 1 & 2 as part of the Sharjah Commerce and Tourism Development Authority’s ongoing ‘Sharjah Summer’ campaign.

Results exceeded analyst’ expectations and second quarter revenues reached AED 906 million Air Arabia (PJSC) today announced strong financial results for the second quarter of this year ending June 30, 2017 as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver robust and sustained performance. Air Arabia’s financial results for

Widespread interest from IOCs and global investors in world class concession opportunity The Abu Dhabi National Oil Company (ADNOC) announced, today, it is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated by the Abu Dhabi Marine Operating Company (ADMA-OPCO) that expires