Regional News

Regional News

MIS wins $335m rigs contract

UAE-based Maritime Industrial Services Company (MIS) was recently awarded a $335 million contract for the design and construction of two offshore jack-up drilling rigs...

Regional News

Oderco to supply 10 rigs

Oderco Oil Equipment Company has bagged a Dh500 million ($136 million) contract to supply 10 onshore rigs to a US-based drilling contractor.“We will be supplying one rig...

Regional News

IQ profit spree continues

Industries Qatar (IQ), owner of the country’s leading manufacturing establishments including those related to chemicals, fertilisers and steel, posted its fifth...

Regional News

Aujan revenues climb

GCC-based Aujan Industries, a beverage and confectionery company, has witnessed a 35 per cent increase in revenues and 30 per cent rise in volume for the first half of...

Regional News

Wood Group, CCC form JV

International energy services company John Wood Group PLC and international engineering and construction company Consolidated Contractors Company (CCC) have announced the...

Regional News

Sharjah chamber seeks growth

The Sharjah Chamber of Commerce and Industry (SCCI) has announced several local and international activities to further energise Sharjah’s economic growth, starting with...

Regional News

Halal show attracts interest

With the halal industry worth more than Dh73 billion ($19.8 billion) in the Middle East alone, great interest has been evinced in a trade show that will showcase products...

Regional News

DI adding to office space

Dubai Industrial City (DI), a member of Tatweer, has announced that construction work for four office buildings has commenced with investments of over Dh200 million ($54....

Regional News

Cooling plants commissioned

Palm Utilities, a wholly owned subsidiary of Istithmar World PJSC, a major investment holding company incorporated in the Dubai World Group, has recently commissioned two...