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Petrofac agrees restructuring deal with Samsung and Saipem
The company now expects its restructuring to be completed by the end of November12 September 2025, 08:00Source: UAE MEED
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Petrofac deal likely to sooth concerns about Middle East projects
The company has active projects in the UAE, Algeria, Kuwait, and Bahrain12 September 2025, 08:00Source: UAE MEED
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Emsteel and Danieli complete pilot project
The Abu Dhabi steelmaker partnered with the Italian firm to pilot the steel sector’s first electric process gas heater at its DRI plants11 September 2025, 08:00Source: UAE MEED
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Dubai moves Al-Maktoum airport bid deadline
Construction works on the project’s first phase are expected to be completed by 203211 September 2025, 08:00Source: UAE MEED
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Wood takeover could boost Sidara profits
The acquisition is expected to reduce the company’s reliance on external engineering firms11 September 2025, 08:00Source: UAE MEED
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Adnoc seeks to raise $10bn for Santos takeover
Bloomberg reported that a consortium led by the Abu Dhabi energy major’s overseas investment vehicle XRG is looking to tap lenders to finance the acquisition of the Australian company10 September 2025, 08:00Source: UAE MEED
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Masdar and Taraf launch sustainable residential project
The joint venture will develop a 1.4-million-square-metre residential community in Masdar City, Abu Dhabi10 September 2025, 08:00Source: UAE MEED
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Dubai-based Property Finder secures $525m of investment
Funds were advised by Permira with significant participation came from the Blackstone Group10 September 2025, 08:00Source: UAE MEED
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Opec+ decides to press for increased market share
Eight key members of the Opec+ alliance, led by Saudi Arabia and Russia, have agreed to raise production from October by 137,000 barrels a day09 September 2025, 08:00Source: UAE MEED
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Dubai selects Chinese contractor for Al-Safa Street upgrade
The project extends from the junction of Al-Safa Street with Sheikh Zayed Road to the intersection with Al-Wasl Street, spanning 1,500 metres09 September 2025, 08:00Source: UAE MEED