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Etihad Rail, the developer and operator of the UAE national railway network, has signed a 1.2-billion-dirham ($327 million) agreement with Spain’s CAF Group for designing, manufacturing, supplying and maintaining passenger trains, Zawya reports. Per the deal, CAF will design, manufacture, Read more
Military troops from Oman and the U.S are holding joint exercises codenamed “Valley of Fire 2021” aiming at maintaining preparedness and high combat ability, reports say. The drill involves the sultanate’s paratroopers, Armored Division and Artillery, the royal Air Force Read more
The kingdom of Bahrain and the Abu Dhabi emirates of UAE, Tuesday vowed to continue coordination in efforts to protect international navigation from any threats, Zawya reports citing the state-run media of the small Gulf kingdom. King Hamad bin Isa Read more
An Emirati prince has sought asylum in Qatar, amid the ongo-ing diplomatic feud opposition the tiny Gulf country and its neighbors, after he fell out with Abu Dhabi Crown Prince Mo-hammad Bin Zayed. Sheikh Rashid Bin Hamad Al Sharqi, the Read more
The development of oil refineries in Saudi Arabia and the United Arab Emirates could mean that the two countries will soon do away with the importation of fuel as the volume of imported refined oil has already started dropping. Figures Read more
The Gulf cup has been rising excitement in all the countries of the region due to the impressive performances of the Arab players in addition to the high level of publicity that has been invested in this event, many fans Read more
The new chief executive of Dubai Mercantile Exchange (DME) wants to change the way the exchange has been operating. He is thinking of refreshing its Oman crude futures contract by attracting major consumers and Middle East banks, rather than national Read more
The United Arab Emirates on Sunday launched a new offshore oil export terminal in Fujairah on the Gulf of Oman that will process up to 75 per cent of the Gulf country’s exports. The terminal has eight crude oil storage Read more