ADNOC has signed a $1.17 billion contract for jack-up barges
In order to drive offshore operational efficiency and expand crude oil production capacity to five million barrels per day (mmbpd) by 2030, Abu Dhabi National...
Month : August 2022
ADNOC has signed a $1.17 billion contract for jack-up barges
In order to drive offshore operational efficiency and expand crude oil production capacity to five million barrels per day (mmbpd) by 2030, Abu Dhabi National...
SFD CEO receives advisor to Chadian president
Sultan bin Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development (SFD), received a delegation from the Republic of Chad today led by Issa Dobran,...
Hottest July on record brought heat, drought, and wildfires – WMO
According to the UN weather agency, many parts of the world had just experienced the third hottest July on record amid extreme heat, drought, and...
Saudi-Egyptian Investment Co. invests $1.3 billion in four Egyptian companies
Egypt’s planning ministry announced on Wednesday that the Saudi Egyptian Investment Company (SEIC), established by the Saudi Arabian Public Investment Fund (PIF), has purchased minority...
Funding for metaverse projects is raised with a $10 billion bond issue by Meta
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering on Tuesday. The technology giant plans to...
Modi government offers free use of 5G Test Bed to start-ups and MSMEs
For the next six months, the Indian government, led by Prime Minister Narendra Modi, is offering free use of the Indigenous 5G Test Bed to...
Manila will now be served twice a day by Etihad Airways
In the coming winter, Etihad Airways will offer an additional daily service between the UAE and Manila. As of 30th October, there will be a...
Africa to launch $100-million Super League on Wednesday
Patrice Motsepe, president of the Confederation of African Football, will announce the African Super League on Wednesday with $100 million in prize money. The project...
Lufthansa Consulting signs agreement with BAS
Bahrain Airport Services (BAS) has signed a consultancy agreement with Lufthansa Consulting (LCG) to provide business optimization and process improvement consulting services. With the objective...