Etihad Airways Group has issued a statement expressing disappointment with airberlin’s decision to file for insolvency in a German court.
Omantel has unveiled its largest overseas investment to date, with a USD 846 million deal to acquire about 10% of telecommunications group Zain.
Bahrain-based Investcorp, a provider and manager of alternative investment products, announced its full year results for the year ending 30 June 2017.
Saudi Aramco has hired Saudi Archirodon and Huta Hegerfeld to work on dredging, reclamation and marine structures of the giant Ras Al-Khair shipyard.
Topaz Energy and Marine, a leading offshore support vessel company, announced a new $100 million contract with Dragon Oil, a subsidiary of ENOC.
ADNOC is in advanced discussions with more than a dozen potential partners who have expressed an interest in the ADMA-OPCO offshore concession.
Petrofac clinched a new USD 2 billion contract to work on the Duqm refinery in Oman through a joint venture with Samsung engineering.
Etihad Airways today announced its 2016 financial results, recording a net loss of USD 1.87 billion on USD 8.36 billion in revenues.
Abu Dhabi-based Lulu Exchange announced that it has entered into an agreement to acquire 100% ownership of Al Falah Exchange Company.