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Gulf Arab nuclear plant

UAE hires six firms for nuclear fuel supply, valued at $3 billion

The United Arab Emirates hired six foreign firms, including Rio Tinto and Areva , to provide fuel for its first nuclear power plant, in contracts valued at $3 billion.

August 15, 2012 5:05
 
200-pipeline

NPCC-Technip JV wins $817 million Abu Dhabi deal

The contract is for the first phase of Zakum Development Co's (Zadco) expansion at its offshore oil field whose production will rise 100,000 barrels per day (bpd) when completed, one of the sources told Reuters on Monday.

July 10, 2012 10:44
 
Kuwait to Start Building Six Oil Tankers In 2014

Kuwait to Start Building Six Oil Tankers In 2014

Kuwait Oil Tanker Co will start building six oil and gas tankers in 2014 and receive nine others as part of a deal with South Korea's Daewoo Shipbuilding & Marine Engineering, state-run news agency KUNA said on Wednesday.

May 2, 2012 3:21
 
Dubai's Arabtec Says Unit in $137 Million Contract Win

Dubai's Arabtec Says Unit in $137 Million Contract Win

An Arabtec Holdings unit has won three contracts in Qatar and the UAE worth $137.22 million, the Dubai builder said on Monday. The largest of the contracts, worth a combined AED504 million, is from Qatar Petroleum for the construction of a workers facility to be built over three years, according to a statement

April 23, 2012 4:25
 
Dubai's Arabtec Wins Contract from Shareholder Aabar

Dubai's Arabtec Wins Contract from Shareholder Aabar

Arabtec, in which state-owned investment fund Aabar owns a 10.45 percent stake, said the contract to build a tower of 229 apartments would take 22 months to complete.

April 22, 2012 10:42
 
China's ZTE Planned U.S. Computer Sale to Iran

China's ZTE Planned U.S. Computer Sale to Iran

China's ZTE Corp, which recently sold Iran's largest telecommunications firm a powerful surveillance system, later agreed to ship to Iran millions of dollars worth of embargoed U.S. computer equipment.

April 11, 2012 9:59
 

Candy wins London property battle

Qatari backed property company loses out in the British High Court.

June 26, 2010 12:30
 

Abu Dhabi awards $300 million gas project

Abu Dhabi and US energy company ConocoPhillips have awarded a construction contract for their Shah gas project to the Al Jaber Group.

March 6, 2010 8:38
 

Arabtec wins AED710 million contract in Dubai

The 80-storey tower includes a five star hotel, furnished apartments and offices, the company said.

January 31, 2010 10:29
 
Where is Saudi’s GDP headed?

Where is Saudi’s GDP headed?

After years of exponential growth, Saudi Arabia's GDP will likely contract by 1 percent in 2009, says Jeddah-based NCB.

July 30, 2009 8:17
 
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