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UAE at Belt and Road Summit

  ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, is leading the UAE trade and economic delegation to the Belt and Road Summit, which will be held in Hong Kong from May 18-19. The delegation includes Juma Al Kait, Assistant Under-Secretary for Foreign Trade at the Ministry of Economy; Saed Al Awadi, CEO of Dubai Export ...

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$1bn Aramco contracts for L&T

  KHOBAR / Reuters State oil giant Saudi Aramco has awarded a $1 billion-plus contract to India’s Larsen & Toubro (L&T) and Singapore-based Emas AMC for the expansion of the offshore Hasbah sour gas field, industry sources said. Increasing its supply of gas is a top priority for Saudi Arabia. Many industrial firms have complained about a shortage crimping expansion ...

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UAE registers highest employment rate in April

  DUBAI / WAM The UAE exhibited the most positive employment growth among its neighbouring countries in April 2016, with hiring activity growing at 18 percent compared to the same period a year ago. Sanjay Modi, Managing Director, Monster.com (India, Middle- East, South East Asia and Hong Kong), said, looking at the UAE market specifically, certain sectors are still hiring ...

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