The consortium plans to drill the first exploration well in 2021
Latest News
Moody’s: Problem loans in Oman to increase by 3.7%
Credit growth is expected to remain stable at 6.5% through 2019 and 2020
Emirates NBD to provide trade finance solutions to Digital Silk...
Digital Silk Road initiative is built with a vision to boost efficiency and transparency in supply...
Japan’s SoftBank to bring 40 high growth firms to Brazil
The bank will also make another announcement regarding another potential investment in the country
Thai Smile expands in the Indian market with direct flight routes
The airline will fly to Ahmedabad four times in a week
Deutsche Bank launches technology division to push innovation
The bank will overhaul its technology platforms between 2019 and 2022 with an investment of around...
Iran builds $1.8 bn oil pipeline to port of Jask outside Hormuz
Around $700 mn will be invested to develop the port terminal
Finance
Afrinvest Asset Management: NIDF maintains stellar performance
In 2018, Afrinvest’s Nigeria International Debt Fund delivered up to 19% returns and paid...
Technology
Using Wearable Fitness Devices to Monitor More Than Just Fitness
Fitness trackers and other wearable devices provide quantifiable information that helps users...
Real Estate
Increasing residential unit supply to hit Dubai real estate...
20, 978 residential units have been completed in the emirate in the first half of 2019
Dubai’s housing rents drop by 5% in the first half of 2019
The amount of supply entering the Dubai market is a major cause for the rent drop
Brands
DP World attributes profit to resilience, strength of portfolio
Its revenues increased by almost 32% to $3.4 bn during the first six months of the year
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