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S&P raises oil price forecast as Hormuz disruption drags on
GCC sovereign and bank credit profiles hold firm, but corporate issuers face growing pressure as the ratings agency raises its oil price forecast11 June 2026, 08:00Source: UAE MEED
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EtihadWE prepares roadmap for future projects
Chief operations officer, Abdulla Al-Khemeiri, says the utility's immediate focus is finalising a new 10-15 year masterplan11 June 2026, 08:00Source: UAE MEED
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Contractors submit prices for Abu Dhabi offshore gas project
Through the Waset gas development project, Adnoc is targeting gas production of up to 180 million cubic feet a day from the field, located in Abu Dhabi’s offshore Block 210 June 2026, 08:00Source: UAE MEED
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Abu Dhabi’s Target announces $500m of EPC contract awards
Parent company Dubai-listed Alec Holdings announced the three project contract awards on 8 June09 June 2026, 15:30Source: UAE MEED
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Consortium wins Ajman sewage treatment contract
The 60 million litre a day sewage treatment plant is scheduled for completion within 24 months09 June 2026, 15:30Source: UAE MEED
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Contractors express interest in Umm Shaif oil field’s next expansion phase
Adnoc Offshore is preparing to tender two EPC packages for the Umm Shaif long-term development plan 2.1 project09 June 2026, 15:30Source: UAE MEED
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Westinghouse and Korean firms resolve nuclear dispute
The US firm alleged that the Korean-made APR1400 infringed on its intellectual property23 January 2025, 08:00Source: UAE MEED
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Contractor wins $272m Dubai District One villas deal
The contract covers phase two of the District One West project in Mohammed Bin Rashid Al-Maktoum City in Dubai23 January 2025, 08:00Source: UAE MEED
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Rak Properties plans $1.3bn developments in 2025
The company anticipates launching 12 projects worth AED5bn in 202523 January 2025, 08:00Source: UAE MEED
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Ban on single-use plastics takes effect in Dubai
The ban applies to styrofoam containers and cups, plastic stirrers, straws, table covers and cotton buds with plastic stems05 January 2025, 05:35Source: UAE MEED