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Saudi Aramco discovers two new oil, gas fields

Bloomberg Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started flowing from Hadabat Al-Hajara field near the Iraqi border at an average daily rate of 16 million standard cubic feet, in addition to 1,944 barrels of condensates, which are ...

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UAE first Arab nation to grant paternity leave

Abu Dhabi / WAM His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has approved the amendments to the Labor law, granting the employees in the private sector a paid leave to care for the child. The UAE will be the first Arab country to grant parental leave to employees in the private sector. The decree aims ...

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Sanad group appoints new CEO, deputy CEO

Abu Dhabi / Emirates Business Following the consolidation of Mubadala’s financing, leasing and MRO businesses to create Sanad Group, the company has now announced the appointment of its leadership who will be tasked with the goal of delivering integrated and comprehensive solutions for its global client base through Sanad Aerotech, Sanad Powertech and Sanad Capital. Troy Lambeth has been appointed ...

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