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Insights
13-May-19 As part of a consortium with Chinese EPC contractor Sepco III, Spain’s Abengoa will start work on a 909,000 cubic metres per-day desalination plant in Taweelah in the UAE, to be completed by 2022. [image: Reuters / Earnie Grafton]
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Insights
28-Apr-19 Travel marketplace Wego ranks Egypt first for MENA travellers, followed by India, Saudi Arabia, Turkey and USA. "55 percent of travellers in 2019 booked a 12+ day flight compared to 39 percent in 2018," said Mamoun Hmedan, Director, Wego. [image: Alamy / Khaleej Times]
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Insights
22-Apr-19 The wave of M&A in GCC financial services is needed to raise efficiencies and build the scale required to increase investments in financial technology, as payment solutions are increasingly enabled by fintech, according to Rishi Kapoor, co-CEO of Investcorp. [image: ADCB / Handout via Thomson Reuters Zawya]
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Insights
25-Mar-19 Oman's Deepak Oman Industries Project has laid the foundation for its USD120 mn integrated chemical complex. The project will produce 225,000 tonnes of calcium chloride and sodium nitrate annually. FDI in the Salalah Free Zone has reached USD5.2 bn. [image: Trade Arabia]
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Insights
14-Mar-19 Rising Russian and US competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift towards independent refiners and newcomers to the business, after years of dealing only with state-owned Chinese energy firms. [image: Reuters / Ahmed Jadallah]
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