Asia refining losses from fuel oil narrowed from the widest in more than a week on optimism that demand will rise next year. Profits from gasoil fell to the lowest in more than two months.
Japan's JGC Corp said on Tuesday it has won the engineering, procurement and construction (EPC) order for the Bir Seba Field Development project in Algeria for more than $400 million.
Advocates of drastic cuts in carbon-dioxide emissions now speak a lot less than they once did about climate change.
As the region expands in sectors such as construction, manufacturing and transportation, so is the usage of plastic resins, which is expected to grow 30 per cent annually.
As investors continue to exercise caution following the recent global meltdown and the Dubai debt fallout, appetite for initial public offerings (IPOs) in the Middle East had remained relatively stagn
Sitting on 25 per cent of the world’s proven oil reserves, Saudi Arabia has coasted though the global economic crisis relatively unscathed and analysts expect it to register a real GDP growth of ove
Bahrain is expected to remain as one of the most lucrative markets in information and communications technology (ICT) in the GCC region as the government continues to implement a liberal approach towa
With new regulatory reforms and market liberalisation at play, less established markets in the Middle East and North Africa (Mena) region hold huge potential in attracting foreign direct investments,
While acquisitions will continue to play a significant part in their operations, major Gulf telecommunication firms are seen focusing more on increasing the average revenue per unit (ARPU) within thei
Countries in the Gulf Cooperation Council (GCC) still look up to the Dubai model for their respective developmental plans, according to a latest report.
