Monday 31 March 2025
 
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Shutdown

Heathrow resumes ops after shutdown causes travel chaos

London's Heathrow Airport resumed full operations today (March 22) a day after a fire knocked out its power supply and shut Europe's busiest airport, causing global travel chaos.   Some flights were cance

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UAE’s 2G shutdown scheduled for end of 2022

The UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA) said that the 2G (GSM) shutdown process is on track in the networks of service providers (Etisalat and du) and is scheduled for the end of 2022.

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Advanced Petrochemicals Q4 net profit slips 2.1%

Saudi Arabia’s Advanced Petrochemicals has posted a net profit of SR180 million ($47.9million) in the fourth quarter (Q4) of the year, as against SR192 million in Q4 2019, marking a fall of 2.1%, a report said. The company e

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Covid-19 catch-up: Ten weeks that stopped the world

With half the world’s population in lockdown, governments and central banks have responded with unprecedented fiscal and monetary measures, says an industry expert, noting that the first quarter saw a brutal collapse in economic activity.

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Coronavirus shutdowns ‘to hit near-term growth’

Some politicians have referred to the Covid-19 pandemic as a war against an invisible enemy. Financial markets have reacted to the spread of the virus with sell-offs and drying up liquidity that looks similar to the reactions seen at the start o

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Sipchem restarts units after shutdown

Saudi International Petrochemical Co (Sipchem) has restarted three plants after they were shut for maintenance earlier this month, the company said on Tuesday. Last month, Sipchem said the units would be under maintenance from May

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Sipchem restarts units after shutdown

Saudi International Petrochemical Co (Sipchem) has restarted three plants after they were shut for maintenance earlier this month, the company said on Tuesday. Last month, Sipchem said the units would be under maintenance from May

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PetroRabigh expansion project faces 9-month delay

The completion of PetroRabigh's Phase II expansion will be delayed by nine months, raising the cost and forcing the Saudi Arabian petrochemical producer and refiner to seek more cash from shareholders, it said on Thursday. The

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PetroRabigh expansion project faces 9-month delay

The completion of PetroRabigh's Phase II expansion will be delayed by nine months, raising the cost and forcing the Saudi Arabian petrochemical producer and refiner to seek more cash from shareholders, it said on Thursday. The

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PetroRabigh to restart most ops after 50-day shutdown

Saudi Arabia's PetroRabigh will restart most operations at its refining and petrochemical complex on Thursday after a 50-day planned maintenance period, the company said in a statement on Tuesday. The company's high olefin

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