Tuesday 29 July 2014
 
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hydrocarbon

Petrotech puts spotlight on mega Mideast projects

Panel discussions at Petrotech 2014 have thus far provided participants with insights into the latest industry developments, the region's mega projects and new technologies. More than 2,500 industry leaders from around the Mid

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Petrotech puts spotlight on mega Mideast projects

Panel discussions at Petrotech 2014 have thus far provided participants with insights into the latest industry developments, the region's mega projects and new technologies. More than 2,500 industry leaders from around the Mid

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Qatar to allocate more to non-oil sectors

Qatar’s general budget for 2014-15 will have a higher allocation for infrastructure, logistics, education and health sectors, as it diversifies its economy away from hydrocarbons, said a report.   The Finan

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Bahrain’s GDP set to expand 12pc

Living standards in Bahrain are set for a boost with the rate of gross domestic product (GDP) per capita forecast to rise by 12 per cent over the next five years, a report said. Bahrain government must step up efforts to diversify

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Qatar non-hydrocarbon economy on the rise

Qatar’s non-hydrocarbon sector could worth more than half of the country's GDP by 2015, said top economists leading up to a major financial conference in Doha next week. In 2012, Qatar's GDP was $192 billion, with th

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Qatar sees strong non-hydrocarbon growth

  Qatar 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

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Apicorp Q3 net profit jumps 90pc

Arab 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

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New Bahrain office of WorleyParsons opened

The 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

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WorleyParsons opens new Bahrain office

The 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

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Robust growth for GCC; oil sales to top $572bn

The 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

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