Search result for: crude oil
Art Dubai announces details for its 16th edition Calling all art aficionados in the UAE. Art Dubai has just announced full program details for its 16th edition, taking place at Madinat Jumeirah, Dubai from March 3 to 5, 2023. Art Dubai 2023’s gallery program will feature over 130 presentations from more than 40 countries and six continents, across […]
Abraj Energy Services, the drilling unit of Oman’s state energy company OQ, has raised $244 million from its initial public offering (IPO), selling more than 377 million shares, equivalent to a 49% stake. The final offer price was set at the higher end of 249 baizas ($0.65) a share due to strong demand from regional, […]
On Monday, most Gulf stock markets closed higher, ignoring a drop in oil prices, with Dubai leading the gains following the largest-ever intraday increase in Emaar Development, while the Egyptian index continued its downward trend. Oil prices, which have a significant impact on Gulf economies, fell on Monday, with Brent crude futures trading down $1.30, […]