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<B><font size="4"> for $170 Million </b></font>
08/03/2009 00:00 AST
Gulf Petroleum Investment SAKC, the Kuwait-based provider of technical services to the oil and gas industry, canceled plans to buy an oil rig for $170 million, citing the global crisis and the drop in crude prices, according to a statement on the Web site of the Kuwaiti bourse today.
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Gulf Petrochemical Industries Company (GPIC) achieved a total production of 1.46545 million tonne in the year so far, an increase of 5,000 tonnes over what had been planned, it has emerged.
Gulf Daily News
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.