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- Oman's central bank issues treasury bills worth OMR33mn
- Boubyan Bank releases 2024 Annual Sustainability Report
- Burgan Bank launches 'Free Airport Ride' campaign for elite customers
- NIC recorded KD 14 million in profits, 17.3 fils EPS, marking a 139% growth in profitability
- Oman's electricity generation grows by 12.6%
- Qatar Stock Exchange index closes higher
- Qatari investors group's profits rise by 1.48%
- Kamco Invest boosts investment management ops with Bloomberg solutions
- Shaker Group posts robust H1 results; revenue hits record $205m
- Ooredoo launches Platform 51 on board Kuwait Airways flights
10/07/2010 00:00 AST
Saudi industrialization and energy services company Taqa is considering investing $1.6 billion in pipelines and $133 million in offshore platforms in Qatar and Iraq.
Officials from Taqa was quoted in a published report Friday saying that the company was considering investing in the gas industry in Qatar and the oil industry in Iraq by building platforms and pipelines for companies already working in the two countries. Taqa has invested SR500 million in offshore oil and gas platforms in Saudi Arabia.
Officials said interest has increased since one of the company's main partners, the Italian oilfields services company Saipem, won a $10 billion contract to develop fields in southern Iraq.
Meanwhile, New York's main contract, light sweet crude for delivery in August, rose 65 cents to $76.09 a barrel. Brent North Sea crude for August gained 71 cents to $75.42.
Saudi Gazette
02/04/2015
Saudi Arabia's Industrialization & Energy Services Co (Taqa) has signed an agreement with a subsidiary of Norway's Archer to set up an oil and gas joint venture in Saudi Arabia, Taqa said on Wednesda
Reuters
14/11/2013
As part of it's ongoing effort to grow the energy sector in Egypt and meet increasing domestic demand, Citadel Capital's energy platform, TAQA Arabia has singed a contract with the Egyptian Natural G
CPI Financial
09/10/2013
The Arab Petroleum Investments Corporation (APICORP) has acquired a 5.62 per cent equity stake in Saudi-based The Industrialization and Energy Services Company (TAQA) from Arabian Pipes Company (APC)
CPI Financial
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05/08/2025
Boubyan Bank has released its 2024 Annual Sustainability Report, reflecting the bank's commitment to advancing environmental, social, and corporate governance (ESG) practices, and embedding sustainab
Kuwait Times
05/08/2025
As part of its ongoing efforts to enrich its banking experience, Burgan Bank has launched its latest summer campaign: a complimentary chauffeured airport ride for all Elite Visa Signature debit card
Kuwait Times
05/08/2025
National Investments Company (NIC) announced its financial results for the first half of 2025, recording a net profit of KD 14 million and earnings per share of 17.3 fils. This reflects a significant
Kuwait Times
05/08/2025
Qatari Investors Group (a Qatari public shareholding company) reported a 1.48 percent increase in net profits during the first half of this year, reaching QR 71.721 million, compared to QR 70.673 mil
The Peninsula
05/08/2025
Bloomberg has announced that Kamco Invest, a leading regional asset manager with around $17 billion in assets under management, has adopted its AIM and PORT Enterprise solutions to help optimise its
Trade Arabia
Financial Information Co.
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