Dubai-based property developer Seven Tides records $152 million sales in 2020
Transactions worth over $19.6 billion were recorded in Dubai in 2020
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Denmark-based shipping major UltraShip to deploy FOS for its vessels
The contract between UltraShip and Wartsila Voyage was signed in the fourth quarter last year and the solution is expected to be deployed by this
Shell restarts Prelude offshore project after a year
The development comes at a time when economies such as China has pushed LNG prices to the highest levels
Egypt records 5.1% inflation slump in 2020
The report indicates a 10.1 percent slump in the price of vegetables, followed by a 0.6 slump in the price of fish and seafood
Oman eyes fresh loans up to $2 bn from regional and local banks
The Sultanate held talks with different banks for the development in November last year
NNPC seeks funds worth $1 billion to revamp Port Harcourt refinery
The repayment is expected to be completed over seven years through deliveries of Nigerian crude and products
UK, UAE gears up to fulfil clean energy goals
The UAE has rolled out the world’s most innovative solar, wind and waste-to-energy project in recent years
Emirates NBD to launch NFC-based digital identity verification solution
The new banking NFC -based solution is known as the TruID solution
Dubai-based ABV closes $25 mn funding to support startups
The fund will benefit tech startups across segments such as health tech, e-commerce, SaaS, enterprise and edtech
Saudi’s Zain partners Nokia to spur 5G FWA launch
60,000 FastMile 5G Gateway 3.1 units will be launched this year