middle east news

Massive infrastructure developments in MENA - South Asia

With projects worth $282.3 billion out of a total of $571 billion across the region, the Middle East is generating more value than any other region says a new report

Roll up, roll up!

Rolls-Royce reports record sales growth in first half year figures.

Dubai to welcome the world at 2020 Expo

Fireworks and cheers greeted the news that Dubai will host the World Expo trade convention in 2020

Massive metro line is coming to Riyadh

The Saudi government has announced plans for what will be the world’s largest ever public transport initiative 

Shell wins important Bad gas field project

Anglo-Dutch company Shell has been awarded a multi-billion pound contract to develop a gas field with the Abu Dhabi National Oil Company (ADNOC)

Sony profits from weaker yen

Sony has doubled its earnings forecast for the full year to March 2013

Pakistan-Iran gas pipeline enters next stage of construction

The presidents of Pakistan and Iraq are set to inaugurate a long-delayed gas pipeline linking the two neighbouring countries.

UK to help fund future Afghan mining operations

In a move designed to help Afghanistan exploit its huge natural resources, the UK has announced that it is to fund a £10 million mining programme.

Etihad Airways profits continue to climb

 

Abu Dhabi-based Etihad Airways has announced that it has tripled its full-year profits.

Qatar's GDP growth slows in third quarter

The Qatari economy expanded by 3.9 percent in the third quarter of 2012/2013, according to data released by the Qatar Statistics Authority.

Qatar Holding opens the way for Xstrata-Glencore merger

 

Qatar Holdings, the second largest holder of shares in mining group Xstrata has said it will back the proposed merger between it and commodities trader Glencore.

Aggreko powers UAE cement producer

Aggreko has been called in to supply power to Ras Al Khaimah (RAK) for White Cement, one of the Emirate’s leading producers of high quality white cement.

Qantas and Emirates form alliance

Qantas and Emirates airlines have joined forces to create a new global aviation partnership, it has been announced.

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