Impregilo Wins Abu Dhabi Tunnel Project Worth $243 Million

KSA crude prices to Asia may fall further
Saudi Arabia is expected to cut the official prices of crude it sells to Asia in September on a weaker Dubai market and poor refining margins, trade sources said.

Flagship Arab Light crude c

Dubai World seeks to revise $25bn debt deal; some banks eye exit
Economic recovery in Dubai is pushing both creditors and debtors to weigh new strategies in the $25 billion restructuring of Dubai World, one of the Middle East’s largest ever debt deals. The conglo

Al Bustan spends Dhs15m on renovation
Al Bustan Centre and Residence, the popular hotel apartments among tourists and businessmen, will now have a new and more vibrant look with the near completion of its major renovation.

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Omnix releases new solution in Mena
Omnix International, the MENA region’s leading provider of computer aided engineering solutions, has announced the Middle East availability of Autodesk’s new AutoCAD 2015 edition, the latest release

Mideast funds bullish on Kingdom, bearish on UAE
Middle East funds are heavily bullish toward Saudi Arabian stocks after news the market will open to direct foreign investment, while they are bearish on the United Arab Emirates because of concern