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JLL signs MoU to better transparency in Saudi real estate market

  Emirates Business JLL — the world’s leading real estate investment and advisory firm — has signed a Memorandum of Understanding (MoU) with the Saudi Eastern Province Chamber of Commerce & Industry to improve transparency in the region’s residential, retail, office and hospitality real estate market. As an independent consultant, JLL will assist the Damman-based Chamber to improve the quality ...

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GE gets breakthroughs in Saudi ‘hot & harsh’ research to enhance productivity

  Emirates Business GE (NYSE: GE) has achieved breakthrough results in Hot & Harsh technology development currently being undertaken in Saudi Arabia to identify localized solutions for enhancements in performance, availability and reliability against depleting factors such as temperature, dust, corrosion and fuel harshness. Research and development by a dedicated team from Power business, at the GE Saudi Technology & ...

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Iraq oil projects delay over spending cuts

  Reuters International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year, a senior Iraqi oil official said. Oil companies helping Iraq develop its massive oil fields effectively perform a role similar to oil service firms in that they have to clear spending with ...

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