KHOBAR / Reuters State oil giant Saudi Aramco has awarded a $1 billion-plus contract to India’s Larsen & Toubro (L&T) and Singapore-based Emas AMC for the expansion of the offshore Hasbah sour gas field, industry sources said. Increasing its supply of gas is a top priority for Saudi Arabia. Many industrial firms have complained about a shortage crimping expansion …

  DUBAI / WAM The UAE exhibited the most positive employment growth among its neighbouring countries in April 2016, with hiring activity growing at 18 percent compared to the same period a year ago. Sanjay Modi, Managing Director, Monster.com (India, Middle- East, South East Asia and Hong Kong), said, looking at the UAE market specifically, certain sectors are still hiring …

  Abu Dhabi / WAM ADNOC Distribution and Abu Dhabi Ports have signed a Musataha Agreement (the legal right to build on and retain the building on another person’s land for a fixed term of years), which is aimed to strengthen ADNOC Distribution’s capacity to develop new projects at Khalifa Industrial Zone, Kizad, and provide logistical support to its existing developments. …