Saudi BEMCO wins $1.3 billion deal for Riyadh plant
Arabian Bemco Contracting Co (Bemco) has won a 4.7 billion riyals ($1.25 billion) contract from Saudi Electricity Co (SEC) to…
May 20, 2012 9:46
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 $1.25 Billion Islamic Bond to Price Wednesday
Dubai is planning to raise $1.25 billion from a two-tranche Islamic bond sale on Wednesday, with final price guidance for both tranches tighter than indicated initially.
April 25, 2012 2:59
Arabtec-Tav Group Nears $3 Billion Abu Dhabi Airport Contract
An Arabtec Holding consortium that includes Greek and Turkish firms is on the cusp of securing an estimated $3 billion contract for the expansion of Abu Dhabi's international airport, four industry sources told Reuters.
April 25, 2012 2:52
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24