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INEOS to invest USD2 bn in Saudi Arabia

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03-Jun-19 INEOS has signed an MOU with Saudi Aramco and Total to build three plants at the Jubail 2 complex in Saudi Arabia. The energy efficient plants producing acrylonitrile, LinearAlphaOlefin and PolyAlphaOlefin will have access to competitive raw materials and energy. [image: INEOS]

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Travel trends shift as UAE residents explore new destinations

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28-Apr-19 Travel marketplace Wego ranks Egypt first for MENA travellers, followed by India, Saudi Arabia, Turkey and USA. "55 percent of travellers in 2019 booked a 12+ day flight compared to 39 percent in 2018," said Mamoun Hmedan, Director, Wego. [image: Alamy / Khaleej Times]

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Saudi Aramco shifts strategy in China to boost oil sales

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14-Mar-19 Rising Russian and US competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift towards independent refiners and newcomers to the business, after years of dealing only with state-owned Chinese energy firms. [image: Reuters / Ahmed Jadallah]

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Abu Dhabi to increase spending on tourism marketing by USD136 mn

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13-Mar-19 Abu Dhabi has allocated AED0.5 bn (USD136 mn) for tourism marketing over three years. The funding will highlight attractions such as Louvre Abu Dhabi and Warner Bros World, and the Guggenheim Abu Dhabi project is reportedly also 'still active'. [image: Lourve Abu Dhabi / Handout via Thomson Reuters Zawya]

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How big will 5G be in the Middle East?

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28-Feb-19 5G is expected to reach 30 mn enhanced broadband subscriptions in the Middle East and Africa by 2024, representing 2 percent of total subscriptions. The majority are expected to come from advanced markets like Saudi Arabia, UAE and South Africa. [image: Arabian Business]

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