Schlumberger has had a constant presence in the Middle East for the past 85 years. Our rebrand to SLB does not change this, says Tarek Rizk, president of Middle East and North Africa at SLB
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How UAE’s new corporate tax law will impact your salaries
The tax will be applicable to businesses in UAE from the financial year commencing on or after June 1, 2023
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Saudi Aramco’s refining unit to raise $1.3 billion from IPO
The company sold more than 50 million shares, or about 29.7% of the company’s issued share capital
Saudi Aramco signs major deal with China’s Shandong Energy
The move strengthens Aramco’s efforts to supply energy, petrochemicals and non-metallics to China
World’s largest crude oil exporter reports whopping $27 billion budget surplus
Saudi Arabia recorded its first annual budget surplus in nearly a decade
Abu Dhabi signs $25 million agreement for Mohamed Bin Zayed solar park expansion
The Abu Dhabi Exports Office (ADEX) said on Thursday that it signed $25 million financing agreement with Togo’s Ministry of Economy and Finance to boost the capacity of the Mohamed bin Zayed Solar Park in the West African country. Dubai-based clean energy company Amea Power will lead the construction and operation of the 50-megawatt energy complex, which is expected […]
Indian EPC contractor L&T steps up localisation efforts in Saudi Arabia
L&T’s Saudi GET program is in its 5th year and seeks to drive Saudisation