middle east news

Qantas and Emirates form alliance

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

Elbit Systems wins $62 million contract

Israel’s Elbit Systems has won a contract worth $62 million to upgrade the Korean Air Force’s C-130 transport aircraft.
Elbit Systems wins $62 million contract

TAQA secures finance to expand Moroccan power complex

Abu Dhabi National Energy Company (TAQA) has announced that its wholly-owned subsidiary, Jorf Lasfar Energy Company, has secured financing for the expansion of its coal-fired po
TAQA secures finance to expand Moroccan power complex

Bahrain embraces green energy

In one of the first major solar energy projects in the Middle East, Bahrain plans to implement a solar smart grid in Awali.
Bahrain embraces green energy

EnQuest farms out UK oil field stake to Kuwait

EnQuest has signed an agreement to farm out a 35 per cent interest in its UK Alma and Galia oil field developments to the Kuwait Foreign Petroleum Exploration Company.
EnQuest farms out UK oil field stake to Kuwait

Etihad acquires Aer Lingus stake

Etihad Airways, the national airline of the United Arab Emirates, has confirmed its acquisition of a 2.987 per cent stake in Ireland’s national carrier, Aer Lingus.
Etihad acquires Aer Lingus stake

Investment of $100 million for MENA region

The IFC, a member of the World Bank Group, and the Islamic Development Bank (IDB) have announced an investment of up to $100 million to support the construction of major infrast
Investment of $100 million for MENA region

TAQA sells stake in Tesla Motors

 

Abu Dhabi National Energy Co. (TAQA) has sold its seven percent stake in US electric automaker Tesla Motors, making a profit of $113 million (£71m) on the sale.
TAQA sells stake in Tesla Motors

Six contract wins for Otis in Riyadh

Otis Elevator Company Saudi Arabia has won six contracts to supply and install elevators and escalators to different buildings in the King Abdullah Financial District in Riyadh,
Six contract wins for Otis in Riyadh

Cerner to take part in Saudi e-Health Conference

The importance of health care information systems is to be discussed by Cerner Middle East during the biannual Saudi e-Health Conference, taking place from March 11 to 13 in Riy
Cerner to take part in Saudi e-Health Conference

Du makes strides in Emiratisation

Dubai-based telecoms provider Du has opened a new call centre in Fujairah staffed by 100 per cent Emirati nationals.
Du makes strides in Emiratisation

NEM wins major contract in Saudi Arabia

Netherlands-based NEM has secured an order from Saudi Arabia’s Arabian Bemco Contracting Co. for generators at the PP10 Combined Cycle Power Plant project.
NEM wins major contract in Saudi Arabia

Iraq reveals oil and gas revenue

Iraq has disclosed detailed information about the revenue it received from oil and gas exports in 2009 in a special report.
Iraq reveals oil and gas revenue

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