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Al Montazah to bring ‘Hawaii’ to Sharjah

Emirates Business Visitors to Al Montazah Amusement and Waterpark this Eid Al Adha will be able to immerse themselves in an atmosphere that has a distinctly tropical feel. Sharjah’s premier leisure destination has just announced its programme for the public holiday, with the island of Hawaii its central theme. Titled ‘Luau Escapade,’ Al Montazah’s Eid Al Adha programme aims to ...

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Saudi Electricity delays Jeddah expansion

  Reuters Saudi Electricity Co (SEC) will likely delay the planned expansion of its Jeddah South power plant, but is still expected to start tendering for a plant near Riyadh by the end of the year, industry sources told Reuters. The utility, the Gulf’s largest, faces multiple challenges as it tries to keep up with rampant growth in power demand ...

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Iran to seek investor bids in Oct with new oil contracts

  Bloomberg Iran will invite international oil companies to submit bids in October under the long-awaited new contract model for energy investors, as the OPEC producer seeks billions of dollars to boost output after years of international sanctions. The government will invite companies to bid to develop the South Azadegan field on Iran’s southwestern border with Iraq during the week ...

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