by Vasu Jit Kalia | July 26, 2024 | Energy
In order to potentially develop three gas compression plants at Saudi Arabia’s largest unconventional gas field at Jafurah, Saudi Aramco signed a non-binding letter of intent (LoI) with a joint venture with Spain’s Técnicas Reunidas and Chinese oil and gas...
by Vasu Jit Kalia | July 25, 2024 | Real Estate
July 25, 2024, Dubai, UAE – SweetcHome, a personalized property matchmaking platform in the UAE, today announced a 132% monthly growth in users signing up for its platform. The rapid monthly growth was registered in June and July, just a few months after launching the...
by Vasu Jit Kalia | July 25, 2024 | Energy
Vienna, July 25 (IANS) The Organisation of the Petroleum Exporting Countries (OPEC) Secretariat said that it received compensation plans from Iraq, Kazakhstan, and Russia for their overproduced oil volumes in the first half of 2024. OPEC said in a statement that the...
by Vasu Jit Kalia | July 25, 2024 | Industry, Real Estate
Aldar, the leading Abu Dhabi developer plans to invest $490 million in neighboring Dubai, expanding its footprint in one of the hottest commercial real estate markets globally. The Skyscrapper by Aldar Properties PJSC will include offices, a luxury hotel and branded...
by Vasu Jit Kalia | July 24, 2024 | Industry, Real Estate
Ras Al Khaimah Properties announced that the completion rate of the Bay Residence project in Mina Al Arab, which includes 661 apartments distributed over four towers in the “Bay Residence 1” and “Bay Residence 2” phases, has reached 75%. In Bay...
by Jennifer George | July 23, 2024 | Industry, News
India’s United Payments Interface (UPI) wave has arrived in the UAE. Al Maya Supermarkets, a prominent grocery chain in the UAE, has recently announced the acceptance of UPI as a method of payment across its outlets. The inaugural UPI transaction was conducted...