The profitability of asset managers in most Gulf Cooperation Council (GCC) countries will face moderate to high pressure over the next 12-18 months, reflecting the coronavirus crisis and an accompanying drop in oil prices, according to Moody’s Investors Service report

Fitch Ratings has downgraded Bahrains long term foreign currency issuer default rating (IDR) to B+ from BB-, reflecting the double impact of lower oil prices and the COVID-19 on the country

The UAE ranks first among GCC countries in oil diversification efforts as it gears up for the post COVID-19 era, according to a report by UBS

Tendeka has partnered with TGT to mitigate and combat the costly consequences of sand control failure in wells

LOC, global marine and engineering consulting firm, has announced successful rollout of its remote dynamic positioning (DP) inspection service, since its launch in early June