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RAK sees double digit growth in international visitors

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Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), the government body that develops the emirate’s tourism infrastructure and initiates its domestic and overseas promotions, on Monday announced its consolidated results for the first three quarters of 2018. The organisation reported growth of 11.2 per cent in international guests in the first nine months of the ...

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China gas craze gets help from trucks as pipelines can’t keep up

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Bloomberg Gas is in such hot demand in China right now it’s allowing a quirky market to flourish: transporting fuel on trucks. Call them pipelines on wheels. The country’s top suppliers are loading liquefied natural gas onto tanker trucks and delivering it to users to make up for insufficient pipeline coverage inland. The method is so effective ENN Group is ...

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Equatorial Guinea expects $2.4bn oil investment by 2019

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Bloomberg Equatorial Guinea expects international oil companies to spend about $2.4 billion on the nation’s oil and gas industry by the end of next year, a government official said. The investment should include about 11 new wells, the official said, asking not to be identified because the information is private. They didn’t give a breakdown in spending by company. In ...

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