Oil Gas & Utilities

FEATURED REPORT...
Posted: 10-08-2011
INTERNATIONAL. Saudi Arabia pumped the most oil in three decades last month, reaching 9.8 million barrels a day and boosting OPEC production, the International Energy Agency said. Increased output in Angola helped replace lower supply in Libya. Daily supply from the 11 Organization of Petroleum Exporting Countries members bound by quotas rose to 27.37 million barrels a day in July from 27.22 million in June, the Paris-based IEA said today in its monthly oil market report. “Output has regained levels close to those seen before the Libyan crisis, although OPEC spare capacity now stands at
Posted: December 17, 2017
UAE. Over the week, three out of the seven indices were in green, while four were in red.
Posted: December 14, 2017
SAUDI ARABIA. FlexNet communications system will drive grid modernisation.
Posted: December 14, 2017
INTERNATIONAL. Bibby Offshore to provide both subsea structure and pipeline inspection support in the UKCS.
Posted: December 14, 2017
HONG KONG. Heaven Springs Dynasty Harvest Group holds more than 80 international patents under the WIPO PCT system of 152 countries and regions.
Posted: December 13, 2017
UAE. An important step in ADNOC's ongoing transformation; Oversubscribed 22 times on the retail tranche, prompting ADNOC to double size of retail offering.
Posted: December 13, 2017
UAE. The first of its kind survey in the Middle East aims at gauging the "market sentiment" and share the internal challenges faced by the downstream industry in the Gulf Cooperation Council (GCC).
Posted: December 12, 2017
INTERNATIONAL. One of the largest capacity fixed cranes in Europe, it is capable of lifting up to 900 tonnes of the centre of a boat or barge.
Posted: December 12, 2017
UAE. Forty-four of the top 100 UAE-based companies have reported on their sustainability performance, according to a KPMG survey.
Posted: December 11, 2017
UAE. Five out of the eight indices have a negative performance YTD so far, mainly affected by geopolitical tensions and the lack of any investment catalyst.
Posted: December 10, 2017
UAE. Declining reserves and revenues, along with rising domestic energy demand, require a shift to enable performance and sustainability.
Posted: December 9, 2017
LONDON. The conference will discuss opportunities for cross-border power projects and potential gas investments across West Africa.
Posted: December 8, 2017
UAE. Offer Price set at AED 2.50 per ordinary share; ADNOC Distribution successfully prices the largest IPO on the Abu Dhabi Securities Exchange (ADX) in over 10 years, with substantial over demand from global institutional and retail investors.
Posted: December 8, 2017
INTERNATIONAL. The combined group, with a rental fleet of 19,000 assets valued in excess of US$139 million will service all major subsea hubs from its bases in Aberdeen, Singapore, Abu Dhabi, London and Houston.
Posted: December 7, 2017
SHANGHAI. Due to its high energy yield advantage, bifacial modules are becoming widely accepted by the solar PV market.
Posted: December 4, 2017
UAE. Oman came through as the best performer in the regional indices with gains of 2.0% for the month, followed by Egypt with 1.7%, Saudi Arabia 1.0% and Bahrain 0.6%.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 18, 2017
SAUDI ARABIA. The majority of women in Saudi Arabia (70%) say that they are most likely to drive after the ban is lifted. However, men will remain the decision-makers when it comes to car purchases.
date:Posted: December 17, 2017
UAE. The recent increase in mortgage activity can be attributed towards the rise of end users and investors taking advantage of capital structure through leverage. Structurally speaking, the higher levels of mortgage indicate that there will be lower levels of "flipping".
date:Posted: December 17, 2017
UAE. Announced MENA IPO deal value reached US$236.7 million in Q3 2017; Musharaka REIT Fund in Saudi Arabia raised US$ 95.1 million, largest IPO by capital raised; Global IPO activity for 2017 on course to be the busiest year since 2007.
UAE. The region will see the launch of new, futuristic technologies & solutions at the Future Cities Show, held in April 2018, that will change the way we live and work in the urban environment.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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