UAE | Egypt Oil & Gas - Part 46
Negotiations Over Petroleum Derivative Imports with UAE, Kuwait, Saudi
The Egyptian government is currently involved in negotiations with Emirates to sign a new agreement to secure the needs of local market of petroleum derivatives during the second half of the current year
Jobs and GDP Rising in Saudi, UAE Despite Oil Prices
The UAE and Saudi Arabia continue to witness growth despite lower oil prices, a report said, noting that the UAE even recorded high levels of job creation during May, while Saudi Arabia’s output and new orders expanded.
ENOC Still Trying to Buy Out Dragon Oil Minority Shares
Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (ENOC) "materially undervalued" the company.
Sage Revamping Oil Companies in UAE with Enterprise Software
Sage Middle East, a leading provider of business management software, has won a fresh vote of confidence following the recent implementation of its enterprise resource planning (ERP) solution Sage 300 by Elaaf Dynami ...
Less Risk of Dragon Oil not Making ENOC Acquisition, Say Experts
Dragon Oil Plc said it agreed to an increased takeover offer by Emirates National Oil Co (ENOC) after the Dubai-based group increased its offer to buy out the company's minority shareholders.
Saudi, UAE to Switch from Importing to Exporting Motor Fuel
Middle Eastern oil producers Saudi Arabia and the United Arab Emirates will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming ...
Growth, Employment Steady in UAE Despite Oil Price Crunch
Dubai witnessed a 4.5% gross domestic product growth last year, and a 6.5% rise in employment, driven by long term planned infrastructure and the ideal investment environment offered by the emirate, according to an e ...
RWE Shifting Gears to Renewables, with UAE Firm’s Help
United Arab Emirates green energy firm Masdar may invest in renewable energy projects jointly with RWE,
