UAE Cabinet to increase youth participation in public, private sector boards

June 13, 2019     /

UAE Cabinet to increase youth participation in public, private sector boards The decision reflects the UAE Government’s keenness to enhance…

Nayifat reports Q1 results, unveils strategy for growth

June 13, 2019     /

Nayifat reports Q1 results, unveils strategy for growth Improving revenues demonstrate impact of strategic growth plan Read more about this

Fujairah oil product stocks fall to 4-week low

June 13, 2019     /

Fujairah oil product stocks fall to 4-week low Total inventories at the Middle East bunkering hub dropped 0.5% over the…

Monday outlook: Asian shares rise as Trump backs off trade war with Mexico

June 12, 2019     /

Monday outlook: Asian shares rise as Trump backs off trade war with Mexico MSCI’s index of Asia-Pacific shares outside Japan…

Saudi PIF’s assets estimated at $300bln: IIF

June 12, 2019     /

Saudi PIF’s assets estimated at $300bln: IIF The fund has increased foreign investments through holdings in bonds, private equity funds…

Gold shines as trade tensions fuel global recession fears

June 12, 2019     /

Gold shines as trade tensions fuel global recession fears Persistent fears over trade tensions and a weaker global economy have…

Sunday outlook: Global markets surge as traders anticipate Fed rate cut

June 12, 2019     /

Sunday outlook: Global markets surge as traders anticipate Fed rate cut European markets also post gains, oil markets recover on…

Petrofac secures contract with Petroleum Development Oman

June 12, 2019     /

Petrofac secures contract with Petroleum Development Oman The contract is valued at approximately $75mln Read more about this