Crude oil falls from three-year high as Middle East tensions ease

Crude oil falls from three-year high as Middle East tensions ease

Crude dropped from a three-year high as concerns about conflicts in the Middle East eased. Futures declined 1.7 percent in New York after rallying for five sessions. President Donald Trump declared “mission accomplished” a day after the US, France and the UK bombed Syria in response to chemical attacks on civilians. “There is a bit […]

Entrepreneur Middle East's Achieving Women 2018: Raja Al Mazrouei, Executive VP, FinTech Hive, DIFC

Entrepreneur Middle East's Achieving Women 2018: Raja Al Mazrouei, Executive VP, FinTech Hive, DIFC

April 17, 2018 4 min read A Note From The Editor Think your company has what it takes to make our Top Company Cultures list? Apply now. Apply now » Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. The Dubai International Financial Centre (DIFC) […]

Hamas denies receiving EU proposal to run Gaza

Hamas denies receiving EU proposal to run Gaza

Hamas yesterday denied reports that it has received a proposal offering for the EU to run the Gaza Strip, Quds Press reported. Senior Hamas political leader Atef Adwan told the news agency: “Hamas’ leadership did not receive any official or unofficial proposals from any EU countries about running the Gaza Strip in return for a […]

False alarm set off Syrian air defences: pro-Assad commander

False alarm set off Syrian air defences: pro-Assad commander

A false alarm led to Syrian air defence missiles being fired overnight and there was no fresh attack on Syria, a commander in the regional military alliance that backs the Syrian government told Reuters. Syrian state TV reported overnight that anti-aircraft defences had shot down missiles fired at an air base in the Homs area, […]

Malaysia inbound agents sweat to arrest declining Middle East arrivals

Malaysia inbound agents sweat to arrest declining Middle East arrivals

Arab tourists buying drinks along Petaling Street in Kuala Lumpur’s Chinatown Malaysian exhibitors at the upcoming Arabian Travel Market (ATM) are strategising how they can attract Middle East tourists especially during the upcoming summer travel season (June to August). This is in light of Malaysia’s two largest Middle Eastern markets showing a double-digit decline in […]

Eisenbau wins Middle East pipeline work

Eisenbau wins Middle East pipeline work

Offshore staff HILCHENBACH, Germany – Eisenbau Krämer (EBK), a specialist in longitudinally welded large diameter steel pipe, will provide around 30 km (18.6 mi) of metallurgically-bonded clad pipe for an unnamed project in the Middle East. The scope will include corrosion resistant alloy (CRA) line pipe for offshore and onshore applications, and the supply of […]

StorageCraft Strengthens Global Presence; Opens Office in Middle East and India

StorageCraft Strengthens Global Presence; Opens Office in Middle East and India

“Sayed Shamshuddin is highly knowledgeable, well respected and understands technology and customer needs in the Middle East. We are very excited to have him join our team,” said Andy Zollo, vice president of sales EMEA at StorageCraft. “Customer success is Shamshuddin’s first priority in the region.” “With years exclusively spent in the information security and […]

Fugro, CGG venture wins offshore Middle East seismic work

Fugro, CGG venture wins offshore Middle East seismic work

Offshore staff LEIDSCHENDAM, the Netherlands – Seabed Geosolutions, a joint venture between Fugro and CGG, has won a $25-million contract to acquire ocean bottom seismic in the Middle East. The program is due to start in 4Q 2018. 04/16/2018 [Native Advertisement] Source link

Crude volatility subdued despite Middle East supply risks

Crude volatility subdued despite Middle East supply risks

Last week’s oil rally before US-led airstrikes in Syria illustrate the market’s sensitivity to potential supply disruptions, but the failure for volatility to spike reveals comfort provided by booming US production. * US output offsets geopolitical risk * US crude stocks likely built slightly last week * Inventories at deficit to five-year average ICE […]

Aircraft startup Wright Electric wants to use electric planes for flights in the Middle East

Aircraft startup Wright Electric wants to use electric planes for flights in the Middle East

Electric flights could power private jets in the Middle East and North Africa region.Image: wright electric/jetex By Sasha Lekach2018-04-16 22:31:13 UTC Electric aircraft startup Wright Electric aims to carry passengers on battery-powered flights within the next 20 years. Now, business travelers in the Middle East may soon be able to partake in the company’s aggressive […]