Kuwait Financial Centre’s “Markaz” Monthly Markets Review report has noted that the GCC equity market’s performance was positive for February 2021 as the S&P GCC Composite Index continued its upward trend, ending the month 3% higher
Industry
Gulf Keystone Petroleum provides operational update
Gulf Keystone Petroleum, one of the leading independent operators in the Kurdistan region of Iraq, has provided an operational and corporate update
Intoware wins contract with Shell Information Technology International BV
Workflow automation specialist Intoware has secured a contract with Shell Information Technology International BV to deploy its digital software platform WorkfloPlus to help improve Shell’s operational efficiencies through industrial connected working
Omega Well Intervention and Wellpro Group form strategic alliance in MENA
Downhole technology developer and manufacturer Omega Well Intervention and global well intervention company Wellpro Group have announced a strategic alliance to deliver downhole tools to the Middle East and North African (MENA) market
Low carbon oil to play central role in energy transition
Low carbon oil will play a central role in the energy transition, according to Dr Sultan Ahmed Al Jaber, the UAE minister of industry and advanced technology and managing director and group CEO of the Abu Dhabi National Oil Company (ADNOC)