UAE | Egypt Oil & Gas - Part 45

GCC VAT Moves Delayed but UAE Forging Ahead

“An immediate announcement will be made once a final agreement on imposing a VAT law is reached,” said the UAE's Finance Ministry in a statement

$1 Trillion Investment Opportunities in India for UAE

While concluding his visit to the UAE India's Prime Minister Narendra Modi called on prominent business leaders to invest in India in fields such as infrastructure, energy and real estate to the tune of $1 trillion

Indian PM in UAE to Enhance Energy Cooperation

Indian Prime Minister Narendra Modi arrived in the UAE yesterday

Taqa Layoffs Still Not Enough to Stem Sliding Profits

According to Bloomberg Abu Dhabi’s Taqa has had to lay off 22% of its oil and gas jobs over the past year, with spending to be cut by 2.5 billion dirhams ($681 million) this year after.

Dana Gas Reports 85% Drop in Profit from Year Earlier

The UAE-based Dana Gas announced an 85% drop in profit compared to last year,

Enoc Updates Executives in Tune with Fuel Subsidy Reforms

Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy and MD and CEO of Dubai Electricity and Water Authority, was appointed Vice Chairman of the Emirates National Oil Company (Enoc) boar

ENOC’s M&A Strategy After Fuel Price Reforms

Dubai's Emirates National Oil Co (ENOC) plans to expand in the region after the United Arab Emirates deregulated fuel prices, lifting financial pressure on the company,

UAE’s Empower Showcased at Vienna Energy Forum

Emirates Central Cooling Systems Corporation (Empower), a leading district cooling service provider, has showcased its standing as a key player in advocating the use of district cooling technology as an alternative t ...

UAE May Lead the Way for GCC States over Diesel Reforms

The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright.

Low Oil Prices Threaten UAE Budget Crunch

The government of the United Arab Emirates is expected to cut spending by 4.2% this year as it begins to retrench because of low oil prices

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