ADNOC to supply Indian Oil with LNG for 15 yearsThe Abu Dhabi National Oil Company has signed a 15-year agreement to supply Indian Oil with 1 million metric tons of liquefied natural gas ...
09 Sep, 2024, 03.46 PM IST
Saudi Aramco shares trade higher after share offeringSaudi Aramco's shares were higher on Sunday, the first trading day after a secondary share offering expected to raise at least $11.2 billio...
09 Jun, 2024, 01.28 PM IST
Shippers mask positions, weigh options amid Red Sea attacksA number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in ...
19 Dec, 2023, 06.23 PM IST
Saudi Aramco Q3 profit falls 23% on lower crude oil prices, volumesSudi Aramco on Tuesday reported a 23% fall in third quarter net profit, marginally beating analyst's estimates, on lower crude oil prices a...
07 Nov, 2023, 12.35 PM IST
Oil edges up on prospect of extended OPEC+ supply cutsIn China, manufacturing activity expanded unexpectedly in August and a series of economic measures to support the country's post-pandemic r...
04 Sep, 2023, 09.26 PM IST
Power outages in parts of UAE's Sharjah due to technical faultParts of Sharjah, a city neighboring Dubai in the United Arab Emirates, are experiencing power outages due to a technical fault at a gas pl...
25 Aug, 2023, 05.55 PM IST
Saudi inflation eases further in July to 2.3%The rise in prices was mainly driven by an 8.6% jump for housing, water, electricity, gas and other fuels and a 1.4% increase in food and b...
15 Aug, 2023, 02.57 PM IST
Qatar, UAE energy ministers say gas will be needed for long timeSaad al-Kaabi, Qatari state minister for energy, told the Global Energy Summit in Abu Dhabi that gas "is not a transition fuel" but a desti...
14 Jan, 2023, 02.21 PM IST
UAE non-oil sector picks up in October as firms hire more staff - PMIThe seasonally adjusted S&P Global UAE Purchasing Managers' Index (PMI) rose to 56.6 in October from 56.1 in September, its fastest since J...
03 Nov, 2022, 10.28 AM IST
Oman's sovereign wealth fund eyes tech investments in UKOman Investment Authority is considering investing in the United Kingdom's technology sector to take advantage of valuations hit by rising ...
26 Oct, 2022, 03.36 PM IST
Dubai real estate sales surge 60% as investors, Russians snap up propertyDubai real estate sales surge 60% as investors, Russians snap up property
28 Jul, 2022, 10.44 PM IST
Saudi non-oil private sector picks up in Feb as Omicron worries fade - PMIThe seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers' Index (PMI) rose to 56.2 in February from 53.2 in January, marking an ...
03 Mar, 2022, 10.21 AM IST
Saudi Arabia's race to attract investment dogged by scepticismUltimatums, combined with abrupt changes in trade deals and taxation regimes, are perceived as another sign of the kingdom's unpredictable ...
16 Nov, 2021, 10.04 AM IST
Saudi Arabia could review VAT increase after pandemic ends: MinisterSaudi tripled value-added tax to 15% in July to offset the impact of lower oil revenue on state finances. The hike, as well as a suspension...
19 Nov, 2020, 08.50 PM IST
Dubai-listed Tabreed markets 7-year bonds: DocumentTabreed gave initial price guidance of around 250 basis points over mid-swaps, according to the document.
14 Oct, 2020, 05.06 PM IST