Qatar sees strong non-hydrocarbon growthQatar expects rapid growth in non-hydrocarbon parts of its economy this year while its gas sector is unlikely to expand significantly, Finance Minister Youssef Kamal said on Monday. "We exp More… |
Apicorp Q3 net profit jumps 90pcArab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, maintained the robust growth momentum this year with a 90 per cent jump in its third quarter net profit. Announcing the re More… |
New Bahrain office of WorleyParsons openedThe new office of WorleyParsons Bahrain was inaugurated today (June 4) under the patronage of Dr Hassan Fakhro, the Minister of Commerce and Industry. The office, located on the 12th floor of the Gulf Hotel Executive Offices, will accommo More… |
WorleyParsons opens new Bahrain officeThe new office of WorleyParsons Bahrain was inaugurated today (June 4) under the patronage of Dr Hassan Fakhro, the Minister of Commerce and Industry. The office, located on the 12th floor of the Gulf Hotel Executive Offices, will accommo More… |
Robust growth for GCC; oil sales to top $572bnThe six Gulf Cooperation Council (GCC) countries will experience robust growth in 2012 on the back of high oil revenues which are expected to hit $572 billion this year, an Institution of International Finance (IIF) forecast said. Sharp in More… |
Bahrain gears up for geosciences conferenceAs geoscientists strive towards novel solutions to meet the rising hydrocarbon demand in the face of increasingly difficult challenges, the 10th ME Geosciences Conference and Exhibition (GEO 2012) will address these issues in Bahra More… |
Bahrain gears up for geosciences conferenceAs geoscientists strive towards novel solutions to meet the rising hydrocarbon demand in the face of increasingly difficult challenges, the 10th ME Geosciences Conference and Exhibition (GEO 2012) will address these issues in Bahra More… |
Hormuz closure 'may hit companies'The increase in tensions in the Arabian Gulf and the Iranian threat to close the Strait of Hormuz, a crucial transit route for global hydrocarbon trade, may hit some firms, Fitch said. Whilst Fitch considers that this is a low probability More… |
Avec acquires key solar patent rightsUS-based Avec Corporation said it has acquired the marketing rights to solar industry patents that complement its portfolio and now completes the ability to 'turn key' its products in the heart of the global solar belt centered in the GCC More… |
IPIC wins Euroweek Bonds AwardInternational Petroleum Investment Company (IPIC), the flagship hydrocarbon development company of Abu Dhabi, has been named the 'Best Borrower in the Middle East' - in the Euroweek Bonds Awards Ceremony 2011. IPIC received the awa More… |








