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Jazeera Airways ordered to pay fine for Covid parking

Jazeera Airways ordered to pay fine for Covid parking

Kuwait budget carrier Jazeera Airways has been ordered to pay a fine of more than $155,000 after an appeal against aircraft parking charges incurred during the

Oman and India sign Cepa to expand trade ties

Oman and India sign Cepa to expand trade ties

Oman and India have signed a long-delayed comprehensive economic partnership agreement which aims to boost trade between the two nations. The Cepa is designed to

Saudi developer’s share price slips on Tadawul debut

Saudi developer’s share price slips on Tadawul debut

Al Ramz Real Estate Company’s share price opened down 6 percent and extended losses on its debut on the Saudi Exchange (Tadawul) on Thursday, amid a tough year

Adnoc raises $11bn for Abu Dhabi offshore gas projects

Adnoc raises $11bn for Abu Dhabi offshore gas projects

Abu Dhabi National Oil Company (Adnoc) has secured up to AED40.4 billion ($11 billion) in structured financing for future gas production from its offshore Hail

French-Omani group to build 120MW wind farm

French-Omani group to build 120MW wind farm

Oman has selected a French-Omani consortium to build a 120-megawatt (MW) wind power plant costing OMR50 million ($130 million). A group comprising EDF Power Solutions

Tecom expands Internet City as Dubai office space demand rises

Tecom expands Internet City as Dubai office space demand rises

Tecom Group, a developer and operator of business parks and free zones in Dubai, has launched the fourth phase of Innovation Hub in Dubai Internet City. The expansion

Unit of UAE’s e& to buy Slovakian broadband operator

Unit of UAE’s e& to buy Slovakian broadband operator

A subsidiary of UAE telecoms operator e&, formerly known as Etisalat, has signed a binding agreement to acquire 100 percent of UPC Broadband Slovakia. Mobile operator

Egypt launches its largest hydrocarbon exploration programme

Egypt launches its largest hydrocarbon exploration programme

Egypt has launched a seismic survey to explore for oil and gas in sites that form nearly 10 percent of the country’s area, its petroleum and mineral resources minister

Action Energy plans regional expansion after Kuwait listing

Action Energy plans regional expansion after Kuwait listing

Oilfield services provider Action Energy Company plans to expand regionally while maintaining a strong focus on its home market, its chairman said on Wednesday,

Altérra to back global large-scale renewable projects

Altérra to back global large-scale renewable projects

The UAE’s Altérra will invest in a fund managed by Denmark-headquartered Copenhagen Infrastructure Partner to support development of large-scale renewable projects