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Business & Finance

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U.A.E: Du Cuts Internet Speed Due to Undersea Cable Snap
Business & Finance

U.A.E: Du Cuts Internet Speed Due to Undersea Cable Snap

Residents and businesses using du’s Internet services can expect slower speeds after two international undersea cables carrying… (khaleejtimes) [mappress] Source: khaleejtimes , December 27, 2011

about 15 years ago
Iran: South Pars Phases 17 & 18 to be Operational by September 2012, IOEC Says
Business & Finance

Iran: South Pars Phases 17 & 18 to be Operational by September 2012, IOEC Says

Iranian Offshore Engineering and Construction Company (IOEC) says phases 17 & 18 of the South Pars gas field will be operational until September 2012. “The phase 17 is scheduled to become operational in July and the phase 18 of the South Pars gas field will be launched in September 2012,” IOEC manag

about 15 years ago
Oman: Renaissance Sees Growth Opportunities in Arabian Gulf and Caspian Sea
Business & Finance

Oman: Renaissance Sees Growth Opportunities in Arabian Gulf and Caspian Sea

Renaissance Services SAOG has announced that its Board of Directors has approved the raising of up to Rial 50 million (USD 130 million) of additional capital through a quasi-equity instrument, subject to regulatory provisions and the shareholders’ approval. The offering will be open to current share

about 15 years ago
UAE: DP World Achieves Top Recognition from ACCA
Business & Finance

UAE: DP World Achieves Top Recognition from ACCA

DP World, UAE Region has been globally recognised by the Association of Chartered Certified Accountants (ACCA) as providing outstanding training and development opportunities for DP World’s Finance Department employees. The ACCA Platinum Approved Employer certificate was presented to Mohammed Al Mua

about 15 years ago
LITC Activates New Enhanced Submarine Cable System Between Libya and Italy
Business & Finance

LITC Activates New Enhanced Submarine Cable System Between Libya and Italy

The Libyan International Telecom Company (LITC) announced the activation of the new enhanced submarine cable system connecting Libya and Italy. System uses the newest technologies to provide large capacities reaching 40Gbps instead of the old system (2.5 Gbps). The activation of this system will hel

about 15 years ago
UAE: Grandweld Shipyards to Build Three Fast Aluminum Crew Boats for Zamil Offshore
Business & Finance

UAE: Grandweld Shipyards to Build Three Fast Aluminum Crew Boats for Zamil Offshore

Grandweld Shipyards concludes a successful year by securing contract to design, build, and deliver three 33.5M fast aluminum crew boats for Zamil Offshore. The contract was signed by Mr. Sufyan Al Zamil, President of Zamil Offshore, and Mr. Jamal Abki, General Manager of Grandweld Shipyards. The 33.

about 15 years ago
UAE: Zamil Offshore Orders 3 Crew Boats from Grandweld Shipyards
Business & Finance

UAE: Zamil Offshore Orders 3 Crew Boats from Grandweld Shipyards

Grandweld Shipyards has secured contract to design, build, and deliver three 33.5M fast aluminum crew boats for Zamil Offshore. The contract was signed by Mr. Sufyan Al Zamil, President of Zamil Offshore, and Mr. Jamal Abki, General Manager of Grandweld Shipyards last week. The 33.5M fast crew boats

about 15 years ago
Qatargas Receives Green Award for Three LNG Vessels
Business & Finance

Qatargas Receives Green Award for Three LNG Vessels

Qatargas received the Green Award for three more of its chartered Liquefied Natural Gas (LNG) vessels – a significant recognition acknowledging the vessels’ compliance with global environment regulations and safety standards. The Green Award for the vessels, ‘Broog’, ‘Al Zubarah’ and ‘Zekreet’ were

about 15 years ago
UAE: Record-Breaking Attendance at CEDA-IADC Environmental Training Course in Abu Dhabi
Business & Finance

UAE: Record-Breaking Attendance at CEDA-IADC Environmental Training Course in Abu Dhabi

“Understanding the ecosystem is essential. It not only helps mitigate potential negative impacts, but also improves and enhances the wider project environment – something that each dredging project should seek to achieve”, emphasized one of the lessons of the CEDA-IADC’s course “Environmental Aspect

about 15 years ago
U.A.E: Technip Moves its Regional Headquarters
Business & Finance

U.A.E: Technip Moves its Regional Headquarters

Technip, a global specialist in project management, engineering and construction in the energy industry, confirms its commitment to Abu Dhabi and the Middle East markets by moving its Regional Headquarters to a brand new building in Al Reyhan zone on Muroor Street. The three previous locations, Tech

about 15 years ago
UAE: Technip Moves Its Middle East HQ to New Location
Business & Finance

UAE: Technip Moves Its Middle East HQ to New Location

Technip, a global specialist in project management, engineering and construction in the energy industry, confirms its commitment to Abu Dhabi and the Middle East markets by moving its Regional Headquarters to a brand new building in Al Reyhan zone on Muroor Street. The three previous locations, Tech

about 15 years ago
Six Leading Container Shipping Lines Create new Far East-Europe Alliance
Business & Finance

Six Leading Container Shipping Lines Create new Far East-Europe Alliance

Six leading container shipping lines have agreed to create one of the largest vessel networks in the Far East-to-Europe trade lane. The comprehensive agreement will bring together members of The New World and Grand alliances to create The G6 Alliance. New World Alliance members are APL, Hyundai Merc

about 15 years ago
Israel: Leviathan Holds More Gas Than Previously Estimated
Business & Finance

Israel: Leviathan Holds More Gas Than Previously Estimated

Noble Energy, Inc. today announced results from its Leviathan appraisal well in the Amit license offshore Israel. The successful Leviathan #3 well, located more than three miles east of the original Leviathan discovery, encountered approximately 290 net feet of natural gas pay in multiple intervals.

about 15 years ago
Qatar: TE SubCom and Gulf Bridge International Complete Works on GBI Cable System
Business & Finance

Qatar: TE SubCom and Gulf Bridge International Complete Works on GBI Cable System

Gulf Bridge International (GBI), the Middle East’s first privately owned submarine cable operator, and TE SubCom, a TE Connectivity Ltd. Company and an industry pioneer in undersea communications technology, announced the completion of works of the GBI cable system segments within the Gulf, the Gulf

about 15 years ago
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