Qatargas enters agreement to deliver 1mn tonnes of LNG to Kuwait.
Qatargas has entered into a new, long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Shell to deliver
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Business News
Trial production from Al-Khafji oil field to start soon.
Saudi Arabia and Kuwait have started preparation work to resume crude oil production from the Al-Khafji oil field jointly operated
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Kuwait’s KFH says AUB merger to create $101bn banking giant.
Kuwait Finance House has confirmed its intention to buy Bahrain’s Ahli United Bank following its ordinary and extraordinary general assembly
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Indonesia, UAE sign business deal worth about $23bn.
Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment
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KUWAIT’S FIRST HYBRID OUTLET MALL, LEISURE AND LIFESTYLE DESTINATION” Al Khiran “.
A KWD 250 million development designed to strengthen Kuwait’s position as a regional shopping, entertainment and conservative tourism destination, Al
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Fawad Chaudhry Invites Elon Musk to Set Up Tesla EV Car Plant in Pakistan.
Federal Minister for Science and Technology, Fawad Chaudhry, has invited Tesla’s owner Elon Musk to establish a factory of electric
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Kuwait inks 15-yr deal to import gas from Qatar.
State-owned Kuwait Petroleum Corp yesterday signed a long-term contract with Qatar Petroleum to purchase three million tons of liquefied natural
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Uber completes $3.1bn deal for Dubai’s Careem.
Uber on Friday confirmed the official close of its acquisition of Dubai-based car hailing app Careem for $3.1 billion. Careem
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Saipem bags $1.5bn wind farm contract.
French firm EDF Renewables has awarded a contract to Saipem for the construction of the $1.5 billion Neart na Gaoithe
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Egyptian regulators approve Uber’s $3.1bn acquisition of Careem.
Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional rival Careem after agreeing to a set of commitments proposed
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COOEC-Fluor Completes Module Program for KIPIC Al-Zour Project in Kuwait.
Fluor Corporation (NYSE: FLR) announced today that its joint venture COOEC-Fluor Heavy Industries, Co., Ltd. (COOEC-Fluor) fabrication yard in Zhuhai,
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Kuwait-listed Mabanee to work on The Avenues – Bahrain Phase 2.
Boursa Kuwait-listed real estate developer Mabanee has revealed that The Avenues Company, fully-owned by Al Sorouh Management Company — 35%
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ADB plans to pour $2b in Pakistan’s energy sector.
The Asian Development Bank (ADB) has planned to invest $2 billion in the energy sector of Pakistan over a period
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Aramco will hit $2trln valuation soon after float: Saudi Energy Minister
Saudi Aramco may float on the stock market at a valuation below the $2 trillion the Kingdom initially targeted, but
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Oman Oil plans IPO in 2020: Oman oil minister says.
State-owned Oman Oil Co. expects to list between 20 percent and 25 percent of its shares in an initial public
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