NEWS

January 01, 2022

Oman set for first fiscal surplus in a decade

High energy prices are contributing to rising revenue figures while helping the sultanate to curb public debt levels

Bahri signs deal for digitising operations

Malaysia-based Aventra will build a data orchestration platform for Saudi firm

Aramco gives housing PPP bidders more time

The complexes are expected to house up to 2,800 workers across 11 residential buildings

UAE industry ministry and Edge sign agreement

Ministry of Industry & Advanced Technology will work with Abu Dhabi government-owned Edge to accelerate adoption of Industry 4.0 in manufacturing

Iran nuclear negotiations end

Tehran and Washington are weighing final text of EU proposal

Taqa reports $1.2bn first-half net income

The company will keep oil and gas portfolio except upstream assets in the Netherlands

Study under way for Egyptian industrial complex

The planned facility will produce ferroalloys in Egypt’s Suez Canal Economic Zone

Parsons wins contracts worth $223m in Saudi Arabia

Work awarded includes a contract value increase on Line 3 of Riyadh Metro

Maha reduces stake in Oman hydrocarbons block

Its stake will be reduced from 100 per cent to 65 per cent in a deal with Mafraq Energy

Abu Dhabi seeks firms for major sewage contract

Qualification applications are due on 16 August for the 700,000 cubic-metre-a-day plant

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