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Adnoc awards 3pc interest in its key offshore fields to SocarAbu Dhabi National Oil Company (Adnoc) has signed an agreement to award a 3% participating interest in the emirate's offshore Umm Lulu and SARB (Satah Al Razboot) fields concession to State Oil Company of Azerbaijan Republic (Socar). More… |
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Samsung Innovation Campus draws massive student interestSamsung Gulf Electronics, in collaboration with the Qatar Ministry of Sports and Youth and Youth Entrepreneur Club, introduced the Samsung Innovation Campus (SIC) in Qatar in October. This global citizens More… |
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Prestige One appoints Saleh Constructions for $95m VistaPrestige One Developments has appointed Saleh Constructions - part of the UAE conglomerate Saleh Bin Lahej Group - to build its AED350-million ($95.3 million) Vista residential development in Dubai Sports City, on which construction will start More… |
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ADDX launches cash management solutionAsia’s largest private market exchange ADDX has launched a cash management tool that allows investors with excess funds in their wallets to earn interest, instead of letting their cash sit idle. Named ADDX Earn, the solution aims to with More… |
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Bahrain, UAE raise key interest rates by 75 basis pointsThe central banks of the UAE and Bahrain have raised key interest rate by 75 basis points effective from today. This follows the US Federal Reserve Board’s announcement yesterday to increase the Int More… |
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Seventh Knowledge Summit generates strong interestThe seventh edition of the Knowledge Summit at Expo 2020 Dubai will shed light on the most prominent developments in health, economic, social, and environmental sectors. The summit will be held under the More… |
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UAE banks will benefit from higher interest rates: S&PS&P Global Ratings expect banks in the UAE to benefit from the planned increase in interest rates by the US Federal Reserve, which the Central Bank of the UAE (CBUAE) will likely mirror because the UAE dirham is pegged to the US dollar.&nb More… |
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UAE banks will benefit from higher interest rates: S&PS&P Global Ratings expect banks in the UAE to benefit from the planned increase in interest rates by the US Federal Reserve, which the Central Bank of the UAE (CBUAE) will likely mirror because the UAE dirham is pegged to the US dollar.&nb More… |
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CBB cuts key interest rateThe Central Bank of Bahrain (CBB) today cut its key policy interest rate in light of the recent development in the global market. The CBB’s key policy interest rate on the one-week deposit facility More… |
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AEC solutions draw keen interest at DSEIAdvanced Electronics Company (AEC), a Saudi Arabian Military Industries (Sami) company, said that its defence and aeronautics solutions received strong visitor interest at the recently concluded Defense and Security Equipment International (DSEI More… |
