A growing number of employers in Gulf countries are expected to increase their workforce in 2015 despite a fall in oil prices, a survey from GulfTalent has noted
Industry
Saudi Arabia to revamp Saudi Aramco
Saudi Arabia’s Supreme Economic Council has approved the restructure of state oil giant Saudi Aramco, which includes separating it from the Oil Ministry
Al-Falih is Saudi Aramco’s new chairman
Saudi Arabia’s King Salman named health minister Khalid A. Al-Falih chairman of Saudi Aramco replacing oil minister Ali Al-Naimi, according to local reports
Big M&A cycle ‘guaranteed’, say VTB Capital bosses
Bosses at VTB Capital have said that they expect large-scale mergers and acquisitions (M&A) in the oil industry
Fujairah port to expand storage capacity this year, says energy official
UAE’s Fujairah port is expected to have a total storage capacity of nine million cu/m by the end of 2015, according to a top UAE government official