A complex web of business and politics has managed to keep oil prices stable around the world for now.
United Arab Emirates Tender and Business News
Scotland based, ITC Global, a provider of satellite communications, has signed a three-year contract with Shelf Drilling, a provider of shallow water drilling services based in Dubai, for expanded crew welfare capabilities, for its fleet of 39 jack-up drilling rigs in 11 countries.
Hawaii-based Kamakura Corporation landed UAE-based RAKBANK for a contract to implement Kamakura's technology for balance sheet management and funds transfer pricing.
DP World Responds to Djibouti Government Choosing to Ignore Court Ruling About Doraleh Container Terminal
After the government of Djibouti unilaterally severed the business relationship with UAE-based DP World to manage concessions at Djibouti's Doraleh Container Terminal, DP World went to the London Court of International Arbitration. That court decided in DP World's favor though the government says they will ignore the ruling.
Thai hotel group Centara Hotels & Resorts and UAE-based developer Nakheel just announced they are leveraging their AED500 million joint venture to built a new AE290.5 million 601-room beachfront resort at Dubai's Deira Islands.
DP World of Dubai just signed an agreement for a 20-year concession to build and operate a 1000-hectare modern logistics hub outside of Bamako, the capital and largest city of Mali.
According to the Regulatory & Supervisory Bureau (RSB) for electricity and water in Dubai, Dubai's annual investments in energy efficiency projects were AED250 million in 2017. That represents a one-third increase since 2016.
According to a just-issued statement from the office of South African President Cyril Ramaphosa, the United Arab Emirates has committed to $10 billion in an investment primarily in the country's tourism and mining sectors.
Wison, an Engineering services company based in China, was awarded an Engineering, Procurement, Construction, Commissioning and Start-Up (EPC) Works Project, to improve sulfur recovery efficiency at the Abu Dhabi National Oil Company.
UAE-based global satellite operator Yahsat (www.Yahsat.ae) is acting as a Gold Sponsor for the West Africa Com telecom trade exhibition on July 10 and 11th. It is doing so in advance of a major roll out of YahClick, its flagship broadband service, to partners and customers throughout the region.
Djibouti's actions in illegally seizing control of the Doraleh port terminal by presidential decree are of major concern to the U.S. government, based on just-released documents from Congressman Bradley Byrne (R-AL), a member of the House Armed Services Committee. The port appears to be about to be turned over to the Chinese government -- as a gift.
Ethiopian Airlines, the largest aviation group in Africa and SkyTrax certified global airline, has selected CellPoint Mobile, provider of sales and payment-side technology solutions based in Dubai, to provide more payment options.
South Africa has a strong future ahead in the space industry, in particular in the design and manufacture of small satellites. This is according to, Mr. Francois Denner, Managing Director of the SCS Aerospace Group.
NGK Insulators, Ltd. announced it is providing the batteries for the first installation of a large-scale energy storage system in Dubai.
South Korea-based CJ 4DPLEX is partnering with Reel Cinemas, a cineplex company owned by Emaar Entertainment in the United Arab Emirates, to bring the first ScreenX 270-degree panoramic viewing experience within a theater setting -- to the UAE.
The Dubai Health Authority (DHA) will soon be launching a new approach to avoid accidental medicine overdose within the city's blue collar workforce.
In a radical departure from conventional telecom solutions, The Dubai Frame, a new architectural landmark in Dubai, includes an embedded multi-operator, multi-band and multi-technology Comba Telecom wireless network services within the enormous rectangular landmark.
Dubai-based developer Nakheel just signed a contract to develop a choreographed fountain to be built at The Pointe, the company's new AED800 million waterfront dining and entertainment destination in Palm Jumeirah in Dubai.
Dubai-based National Bonds, a savings and investment company, and SHUAA Capital psc, a major integrated financial services firm also in the United Arab Emirates, have formed a joint venture in Saudi Arabia to develop a variety of new savings and investment programs within the country.
In order to facilitate closer business relations between Canada and the United Arab Emirates, effective June 5, 2018, Canada is removing the visa requirement for UAE citizens.
Property solutions provider Khidmah has been awarded a contract to manage beaches in Sharjah, the third largest and most populous city in the United Arab Emirates (UAE).
Egypt's 6th of October City, a satellite town in the Giza Governorate and part of Cairo's urban area, will be getting a new Inland Container Depot (ICD) soon.
Digital health firm Sensely, with offices in London and San Francisco, announced a partnership agreement with NAS, an Insurance Services Company based in the United Arab Emirates.
HH Sheik Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, just celebrated the completion of the 200 megawatts (MW) first stage of the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Lloyds Energy has moved one step closer in its offer to build and develop an LNG Energy Hub in the Philippines, having recently received a letter from the Philippine National Oil Company that its unsolicited proposal for the PNOC Batangas Bay Energy Hub Project has been determined to be complete.