Browsing Tag
United Arab Emirates
108 posts
Technip Energies backlog hits €24.5bn as earnings pressure tests its 2028 growth ambitions
Technip Energies has reported a sharp increase in orders and project backlog despite lower nine-month profitability, highlighting the contrast between long-term energy infrastructure demand and near-term execution pressures.
UAE closes Umm Al Quwain beaches after tanker oil spill threatens Gulf coastline
The United Arab Emirates has closed beaches and coastal areas in Umm Al Quwain following a tanker oil spill, with cleanup crews assessing the environmental consequences and possible risks to nearby marine infrastructure.
US pulls diplomats from Middle East as intelligence warns of advanced Iranian attack plots
US reduces Middle East embassy staffing over Iranian attack threats. Discover which countries are affected and why regional tensions are rising.
IBM study finds 80% of executives report board-level AI incidents as governance falls behind
IBM's new survey of 3,221 executives reveals a widening gap between artificial intelligence adoption, board accountability and operational safeguards, raising questions about how enterprises will control increasingly autonomous AI agents.
Iran changes Strait of Hormuz attack tactics as oil shipping threat reaches severe level
At least five maritime attacks were reported within 48 hours as Iran intensified pressure on shipping around the Strait of Hormuz. Iranian and US officials described changing tactics, including the use of small boats to track vessels following damage to radar capabilities. The disruption threatens a corridor that previously handled about one-fifth of global oil and LNG trade.
All 22 Indian sailors rescued after oil tanker fire off UAE coast
All 22 Indian crew members aboard the oil tanker MT GEM No. 2 have been rescued following an emergency off the United Arab Emirates coast. India's consulate confirmed their safety on October 11, while the UAE National Guard reported a successful maritime rescue after a tanker fire. The incident's cause remains unconfirmed.
L&T lands twin Dubai road contracts as Rs 7.79 lakh cr order book expands
Larsen & Toubro Limited has formally executed two Dubai Roads and Transport Authority contracts for the AED 2 billion Latifa Bint Hamdan Corridor, strengthening its Middle East infrastructure pipeline as international orders already account for more than half of its ₹7.79 lakh crore group backlog.
Israel-bound Flydubai flight diverted to Saudi Arabia after serious cockpit emergency
A Flydubai jet bound for Israel diverted to Saudi Arabia after a cockpit emergency. See what happened and why aviation security may change.
Middle East oil exports rebound to 12.8 million bpd as Saudi Arabia doubles shipments
Middle East crude exports are rebounding to 12.8 million barrels per day in September as Saudi Arabia and the UAE increase shipments and Hormuz traffic improves.
Kalpataru Projects adds $470m-plus Gulf gas contract as international EPC exposure grows
Kalpataru Projects International has secured a major UAE gas pipeline EPC award estimated above ₹4,000 crore, strengthening an FY27 order pipeline that had already reached ₹13,219 crore before the latest win.