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ADNOC Conference
July 21st, 2026 - 06:47 GMT
P. Choiaqo

P. Choiaqo

$6.2 billion investment into Abu Dhabi gas project by UAE

ALBAWABA - ADNOC, the UAE’s oil and gas giant is set to invest $6.2 billion into Abu Dhabi’s natural gas development project. Headed by ADNOC, the investment includes France’s TotalEnergies, Italy’s Eni, and China’s National Petroleum Corporation into the offshore Umm Shaif Gas Cap in Abu Dhabi. The $6.2 billion investment is expected to produce more than 600 million standard cubic feet of gas and gas liquids per day from ...
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Oman has decided to cancel bids for the country’s third mobile licence and award it to a local consortium. (Photo courtesy of Oman Oil)
October 18th, 2017 - 01:57 GMT

Oman Cancels Bids for Third Mobile License, Awards License to Local Company

The UAE plans to boost its reliance on AI in routine government jobs. (AFP/ File)
October 17th, 2017 - 12:23 GMT

After Flying Cars and Robocops: UAE Launches AI Strategy for Government Services

Nearly half of residents in the UAE are in debt, while a significant number are failing to save money, according a report by Payfort. (File photo)
October 17th, 2017 - 11:55 GMT

Half of UAE Residents in Debt, Says Report

PetroChina and Sinopec, two major Chinese energy companies, said they are willing to take the whole 5 percent in Saudi Aramco, or even more. (AFP/ File)
October 17th, 2017 - 11:20 GMT

Saudi Aramco IPO Could Be Cancelled as China Eyes Private Sale

The entertainment industry in Medinah has just lost SR200 million ($53.3 million) after a group of investors decided not to invest in the sector. (File photo)
October 16th, 2017 - 05:00 GMT

Investors Withdraw From Medinah Entertainment Projects for Lack of Incentives

Dubai Marina and Jumeirah Village Circle are among the most searched areas by property buyers, according to a report by Dubizzle. (File photo)
October 16th, 2017 - 01:41 GMT

Report Reveals Most Preferred Neighborhoods, Top Nationalities Buying Property in Dubai

Saudi Arabia's commercial courts started operating last month in Riyadh, Jeddah and Dammam. (Shutterstock)
October 16th, 2017 - 12:26 GMT

Saudi Arabia Launches Commercial Courts to Protect Foreign Investors

The currency flotation has made property prices more affordable for Saudis and Egyptians living abroad. (File photo)
October 16th, 2017 - 11:49 GMT

With Apartments Starting at $80,000, Saudis Flock to Egypt to Buy Property

Qatar's Emir Sheikh Tamim bin Hamad Al Thani inspects an honor guard during a welcome ceremony in Kuala Lumpur, Malaysia, on October 16, 2017. (Vincent Thian/ AP)
October 16th, 2017 - 11:00 GMT

Qatari-Malaysian Economic Forum Kicks off as Emir Begins Asia Tour

Oil prices settled at a two-week high on Friday, as geopolitical uncertainty in the Middle East raised the threat of supply disruptions. (AFP/ File)
October 16th, 2017 - 09:28 GMT

Oil Prices Soar on Rising Iraqi-Kurdish Tensions

Royal Jordanian had approved a new turnaround plan last week. (Don Emmert/ AFP)
October 15th, 2017 - 01:36 GMT

Royal Jordanian Vows to Make Profit in 2017 With 'Turnaround Plan'

Kuwait cracks down on non-degree holders and vows to punish violating companies. (AFP/ File)
October 15th, 2017 - 01:04 GMT

University Degree Obligatory for Residency Renewal: Kuwaiti Minister

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