Friday 24 May 2013
 
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hydrocarbon

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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Bahrain gears up for geosciences conference

As 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

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Bahrain gears up for geosciences conference

As 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

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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

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Avec acquires key solar patent rights

US-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

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IPIC wins Euroweek Bonds Award

International 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

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