UAE Awards ADNOC and Partners Concession to Develop Bab Gas Cap Project
Abu Dhabi awarded ADNOC and its partners the Bab Gas Cap concession, a project expected to produce 1.5 Bcf of gas per day.
Bahrain Inflation Climbs to Two-Year High as Food Prices Rebound
Bahrain's annual inflation accelerated to 2.3% in May, the highest in two years, as food prices rebounded and transport costs remained elevated.
Etihad Energy Holding Advances Plans for Fujairah Euro 5 Gasoline Refinery
Etihad Energy Holding said its planned Fujairah refinery could require up to $350 million in investment and process 15,000 barrels per day.
Dubai Residential REIT's AED 2.1 Billion IPO Named Middle East's Best Listing
Dubai Residential REIT's AED 2.1 billion IPO was named the Middle East's best listing after attracting AED 56 billion in demand.
Arcapita and Hines Explore GCC Industrial and Logistics Investment Platform
Arcapita and Hines are exploring a platform to invest in industrial and logistics real estate across the GCC amid rising demand.
ADX Lists First Multi-Market GCC Shariah Dividend ETF as Regional ETF Market Accelerates
ADX listed the first Shariah-compliant dividend ETF spanning multiple GCC markets, expanding access to income-generating Gulf equities.
Kuwait Signals Confidence in Hormuz Reopening With Rare Petroleum Tender
Kuwait has issued a rare naphtha tender requiring buyers to collect cargoes from its Gulf ports, signaling growing confidence
Blast at Qatar's Ras Laffan Gas Complex Raises Questions Over LNG Restart
An explosion at Qatar's Barzan gas facility in Ras Laffan injured dozens and left 18 missing, raising fresh questions about the pace of LNG production
DEWA Launches Global Infrastructure Company to Develop Energy and Water Projects Worldwide
DEWA launches a wholly owned global company to develop energy and water projects worldwide, targeting opportunities in a market expected to exceed $20
Dubai Launches GCC's First Same-Day Physical Gold Contract in Strategic Bullion Push
Dubai Gold and Commodities Exchange launches the GCC's first same-day physical gold contract, strengthening Dubai's position in global bullion trade.
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