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Drydocks World signs deal with SBM Offshore

Dubai / WAM Drydocks World, the leading marine, onshore and offshore service provider to the oil, gas and renewable energy sectors, signed a contract agreement with SBM Offshore to carry out the construction of the Turret Mooring System (TMS), for Statoil’s Johan Castberg Floating Production Storage and Offloading (FPSO), vessel. The Johan Castberg FPSO will be permanently moored by internal ...

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Dubai top holiday spot for GCC visitors during festive season

Dubai / Emirates Business HotelsCombined.com, the world’s leading hotel price comparison website reveals on Wednesday that Dubai continues to be the top favorite destination among GCC travelers during the festive season, followed by Abu Dhabi and Al Medina, Saudi Arabia. On the international level, London maintains its position as the most popular destination followed by Istanbul and Paris, according to ...

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Senate OKs US tax bill, puts GOP on brink of win

Bloomberg Senate Republicans passed the most extensive rewrite of the US tax code in more than 30 years, a bill that delivers a deep, permanent tax cut for corporations and shorter-term relief for individuals. The chamber’s 51-48 party line vote on Wednesday in Washington brought President Donald Trump to the brink of his first major legislative victory. The bill—which has ...

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