Business

Arab Petroleum Investments Corporation (APICORP) receives credit rating of ‘AA’ with a Stable Outlook from Fitch RatingsArab Petroleum Investments Corporation (APICORP) receives credit rating of ‘AA’ with a Stable Outlook from Fitch Ratings

Arab Petroleum Investments Corporation (APICORP) receives credit rating of ‘AA’ with a Stable Outlook from Fitch Ratings

DAMMAM, Kingdom of Saudi Arabia:  Stable outlook a reflection that APICORP’s credit profile is resilient to negative pressures stemming from…

5 years ago
L&T Hydrocarbon Engineering signs MoU with KBR for Refinery and Petrochemical ProjectsL&T Hydrocarbon Engineering signs MoU with KBR for Refinery and Petrochemical Projects

L&T Hydrocarbon Engineering signs MoU with KBR for Refinery and Petrochemical Projects

Dubai: L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a memorandum of understanding with KBR (NYSE:KBR)…

5 years ago
ENOC Group Records 12mn Cashless Transactions in UAEENOC Group Records 12mn Cashless Transactions in UAE

ENOC Group Records 12mn Cashless Transactions in UAE

Dubai: ENOC Group has recorded 12 million cashless transactions in the first five months of this year, in a move…

5 years ago
UAE and Bahrain rise in world’s top 100 startup destinations rankingUAE and Bahrain rise in world’s top 100 startup destinations ranking

UAE and Bahrain rise in world’s top 100 startup destinations ranking

MANAMA : The UAE and Bahrain have ranked among the 100 top destinations for startups around the world, according to…

5 years ago
L’Oréal Middle East Donates AED 4mn Products to UAE’s COVID-19 ReliefL’Oréal Middle East Donates AED 4mn Products to UAE’s COVID-19 Relief

L’Oréal Middle East Donates AED 4mn Products to UAE’s COVID-19 Relief

Dubai: L’Oréal Middle East has launched a UAE solidarity programme to support stakeholders involved in the fight against COVID-19. More…

5 years ago
Kevin Murphy Appointed Vice President and Head of Ericsson LevantKevin Murphy Appointed Vice President and Head of Ericsson Levant

Kevin Murphy Appointed Vice President and Head of Ericsson Levant

Dubai: Ericsson  announced the appointment of Kevin Murphy as the Vice President and Head of Customer Unit Levant Countries and…

5 years ago
Huawei CFO Raises New Argument to Fight U.S. Extradition in Canada CourtHuawei CFO Raises New Argument to Fight U.S. Extradition in Canada Court

Huawei CFO Raises New Argument to Fight U.S. Extradition in Canada Court

(Source: Reuters story by Tessa Vikander and Karen Freifeld) Huawei Chief Financial Officer Meng Wanzhou is raising a new argument…

5 years ago
Dubai Registers 95pc Increase in Business Registration ApplicationsDubai Registers 95pc Increase in Business Registration Applications

Dubai Registers 95pc Increase in Business Registration Applications

Dubai: Dubai’s economy continued its exceptional performance despite headwinds from a slowdown in global economic growth due to the coronavirus…

5 years ago
Ding Expands in Oman with Al Jadeed Exchange Contract WinDing Expands in Oman with Al Jadeed Exchange Contract Win

Ding Expands in Oman with Al Jadeed Exchange Contract Win

Muscat: Ding, the largest international mobile top-up platform, has secured a new partnership with Al Jadeed Exchange in Oman to…

5 years ago
SCCI, ADEX Hold Joint Webinar on Financing Services Boost UAE ExportsSCCI, ADEX Hold Joint Webinar on Financing Services Boost UAE Exports

SCCI, ADEX Hold Joint Webinar on Financing Services Boost UAE Exports

The event comes as part of the bilateral memorandum of understanding (MoU) which aims to enhance joint cooperation and to…

5 years ago