middle east news

Rolls-Royce reports record sales growth in first half year figures.

Fireworks and cheers greeted the news that Dubai will host the World Expo trade convention in 2020

The Saudi government has announced plans for what will be the world’s largest ever public transport initiative 

Anglo-Dutch company Shell has been awarded a multi-billion pound contract to develop a gas field with the Abu Dhabi National Oil Company (ADNOC)

Sony has doubled its earnings forecast for the full year to March 2013

The presidents of Pakistan and Iraq are set to inaugurate a long-delayed gas pipeline linking the two neighbouring countries.

In a move designed to help Afghanistan exploit its huge natural resources, the UK has announced that it is to fund a £10 million mining programme.

 

Abu Dhabi-based Etihad Airways has announced that it has tripled its full-year profits.

The Qatari economy expanded by 3.9 percent in the third quarter of 2012/2013, according to data released by the Qatar Statistics Authority.

 

Qatar Holdings, the second largest holder of shares in mining group Xstrata has said it will back the proposed merger between it and commodities trader Glencore.

Aggreko has been called in to supply power to Ras Al Khaimah (RAK) for White Cement, one of the Emirate’s leading producers of high quality white cement.

Qantas and Emirates airlines have joined forces to create a new global aviation partnership, it has been announced.

Israel’s Elbit Systems has won a contract worth $62 million to upgrade the Korean Air Force’s C-130 transport aircraft.

Abu Dhabi National Energy Company (TAQA) has announced that its wholly-owned subsidiary, Jorf Lasfar Energy Company, has secured financing for the expansion of its coal-fired power complex in Morocco.