ADNOC Drilling Company PJSC has secured five contracts for a total value of approximately $2 billion to support the growing drilling operations of ADNOC Offshore. These long-term contracts, reflecting the robust offshore jack-up market’s higher day rates, will be instrumental in drilling operations across five fields in ADNOC’s offshore portfolio. The contracts, set to bolster […]
American food company Kraft Heinz has launched a double ended ketchup bottle for its Heinz ketchup brand in the form of Heinz Ketch-Up & Down in the UAE. The Heinz Ketch Up & Down bottle comes with two lids, which means that regardless of how one keeps it or utilizes it, ketchup lovers have access […]
Aldar Properties, a UAE-based real estate developer, has acquired Al Fahid Island for AED 2.5 billion ($680 million), expanding the company’s land bank and near-term development pipeline in Abu Dhabi. The 3.4 million sqm Al Fahid Island is situated on the Sheikh Khalifa bin Zayed Highway (E12), which connects Abu Dhabi’s Yas Island and Saadiyat […]
Abu Dhabi chemicals derivatives company (TA’ZIZ) and Proman, a methanol manufacturer, will develop a methanol production plant at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi, UAE. The proposed plant is said to be the UAE’s first world-scale methanol production facility and decrease the country’s reliance on imports. TA’ZIZ is a […]
The Abu Dhabi National Oil Company (ADNOC) has collaborated with thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group, to create new markets for clean hydrogen and encourage global clean energy value chains. The partnership will develop large-scale ammonia cracking facilities with thyssenkrupp uhde reformer technology to extract hydrogen from ammonia after transportation. The agreement will […]
RateGain Travel Technologies Limited, an Indian travel and hospitality software company, said that its fully-owned subsidiary – RateGain Technologies Limited, UK has established a Sharjah-based subsidiary RateGain Technologies LLC. The objectives of RateGain Technologies LLC are data processing services, software as a service, marketing technology services, and distribution as a service. According to RateGain Travel […]
Wipro has opened the headquarters of its Asia Pacific, Middle East, and Africa (APMEA) operations in Dubai, UAE to lead the Indian IT company’s expansion and investments in the country and the region. The opening ceremony of Wipro APMEA headquarters was attended by the Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al […]
GAIL (India), a natural gas company, has collaborated with Abu Dhabi National Oil Company (ADNOC) to explore liquefied natural gas (LNG) supply and decarbonization opportunities. The partnership is expected to encourage low carbon LNG supplies by optimizing LNG trading activities, reviewing joint equity investments in both energy and renewables, and monitoring greenhouse gasses for LNG […]
KEC International, an India-based infrastructure EPC contractor, said that it has bagged new orders worth INR 2,042 crores across multiple businesses. The RPG Group subsidiary secured contracts for electricity transmission and distribution (T&D) projects in the Middle East and the Americas. KEC International said that the T&D contracts include 380 kV transmission lines in Saudi […]
Asian Paints has entered into a joint venture agreement with Riddhi Siddhi Crusher & Land Transport and Associated Soap Stone Distributing Company (ASD) to establish a white cement manufacturing facility in Fujairah, the UAE. The Fujairah white cement plant with an initial capacity of 2,65,000 tons per annum will manufacture and export white cement and […]