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Last Updated: Wed, Mar 4 2015 | 11:16 AM |
Dubai's DEWA plans to launch use of drones
Technology»

Dubai's DEWA plans to launch use of drones

Wednesday, 4 March 2015 3:16 PM

State utility says drones will provide early detection of problems, will help to monitor contractors

South Korea to build nuclear reactors for Saudi Arabia
Energy»

South Korea to build nuclear reactors for Saudi Arabia

Wednesday, 4 March 2015 1:42 PM

Memorandum of understanding could be worth $2bn; plan to build at least two reactors in Gulf kingdom

Sharjah utility raises $500m loan to fund expansion
Banking & Finance»

Sharjah utility raises $500m loan to fund expansion

Sunday, 1 March 2015 4:27 PM

Sharjah Electricity & Water Authority says funds will be used for infrastructure and expansion plans

Saudi's ACWA Power gets $244m loan for Dubai solar project
Banking & Finance»

Saudi's ACWA Power gets $244m loan for Dubai solar project

Sunday, 1 March 2015 1:46 PM

Chief executive also says company is preparing bids for power projects worth $7bn across Asia, MENA

Saudi Kayan says president resigns
Energy»

Saudi Kayan says president resigns

Sunday, 1 March 2015 1:46 PM

SABIC affiliate says Mazyad Al Khaldi has resigned for personal reasons

Bahrain banks on infrastructure, private sector to ride out cheap oil
Politics & Economics»

Bahrain banks on infrastructure, private sector to ride out cheap oil

Saturday, 28 February 2015 2:08 AM

State budget deficit is expected to balloon to 9.3% of gross domestic product this year from 5% in 2014

Dubai opens first electric vehicle charging hub
Energy»

Dubai opens first electric vehicle charging hub

Thursday, 26 February 2015 12:02 PM

DEWA has inaugurated Dubai’s first electric vehicle charging station, one of 16 that will be opened during the initial phase of the initiative

Saudi minister says oil demand is growing, markets calm
Energy»

Saudi minister says oil demand is growing, markets calm

Wednesday, 25 February 2015 1:48 PM

Oil minister Ali al-Naimi delivers upbeat verdict on market despite prices slumping 60% in recent months

Gulf economies have failed to diversify, says Qatar official
Politics & Economics»

Gulf economies have failed to diversify, says Qatar official

Tuesday, 24 February 2015 1:35 PM

Qatar central bank governor's comments reflect concern in region about the impact of oil price plunge

Stock markets: Gulf bourses stall as oil gives up gains
Markets»

Stock markets: Gulf bourses stall as oil gives up gains

Monday, 23 February 2015 12:06 PM

Dubai heavyweights Emaar Properties and Dubai Islamic Bank were down 1.1 and 0.7 percent respectively

Dubai's ENOC hires M&A team, said to eye $1.5bn loan
Banking & Finance»

Dubai's ENOC hires M&A team, said to eye $1.5bn loan

Sunday, 22 February 2015 6:09 PM

Sources say Emirates National Oil Company has appointed five-strong team to work on mergers and acquisitions

Qatar-Japan consortium to study projects in Turkey
Energy»

Qatar-Japan consortium to study projects in Turkey

Sunday, 22 February 2015 1:51 PM

Investors sign agreement to look at developing projects in Turkey's Afsin Elbistan region

Stock markets: Gulf bourses cautiously positive after oil steadies
Energy»

Stock markets: Gulf bourses cautiously positive after oil steadies

Sunday, 22 February 2015 12:03 PM

Brent crude oil steadied just above $60 a barrel on Friday

Bahrain, Oman most at risk from oil price slump, says Fitch
Politics & Economics»

Bahrain, Oman most at risk from oil price slump, says Fitch

Saturday, 21 February 2015 2:52 AM

Ratings agency says capacity to absorb lower oil prices varies across oil exporters in the region

Germany's Siemens wins $400m Dubai power plant deal
Energy»

Germany's Siemens wins $400m Dubai power plant deal

Friday, 20 February 2015 2:10 AM

Industrial giant is hired by Dubai utility DEWA to expand M-Station project; completion slated in 2018


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