Foreign direct investment in Oman went over $18.2bn at the end of the third quarter of 2016, after the sultanate saw its FDI inflow for Q3 hit the $400m mark.
Source: New feed
Siemens to help develop Qataris’ tech skills
An agreement has been signed by Siemens and the Ministry of Transport and Communications in Qatar to advance tech capabilities among Qatari nationals
Source: New feed
DEWA hosts bidder conference for 200MW solar park
Dubai Electricity and Water Authority hosts event for qualified bidders to ask technical, financial, and legal questions about the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park
Source: New feed
OPEC chief calls for conformity on output deal
OPEC has asked its members to ensure full conformity to individual production limits set under the producer group?s output deal last year
Source: New feed
Empower participates in Earth Hour
Emirates Central Cooling Systems Corporation (EMPOWER), has participated in the ?Earth Hour? initiative, which was organised by The Dubai Supreme Council of Energy and Dubai Electricity and Water Authority (DEWA)
Source: New feed
Oman signs agreement for $1bn tourism complex
As part of its efforts to develop the sultanate’s east coast, the Ministry of Tourism of Oman has signed an agreement with Quriyat Development Company for the construction of a $1bn tourism complex
Source: New feed
UAE infrastructure expenditure to rise in 2017
Major industrial infrastructure investments recently launched by the UAE government are expected to push expenditure this year, according to a Knight Frank report
Source: New feed
ENEC switches off for Earth Hour
The Emirates Nuclear Energy Corporation (ENEC) participated in the annual Earth Hour as a way to promote its role in a more sustainable future
Source: New feed
Oman’s Orpic to increase polypropylene production
Orpic is expecting the annual production capability of its polypropylene plant in Sohar to increase from 200,000 to 340,000 tonnes, once expansion works are completed
Source: New feed
Toyota Hybrids save 1.5 million moon trips of fuel
Al-Futtaim Motors celebrates the WWF?s Earth Hour and Toyota?s announcement of huge fuel savings globally owing to the sale of its hybrids
Source: New feed