China-based Xinxing Ductile Iron Pipe Company has signed four contracts valued at a total of $47 million for significant projects in Kuwait, Iraq, Tunisia, and Jordan. This announcement was made through a company statement, highlighting the firm’s growing presence in the Middle East and North Africa (MENA) region. Waleid Gamal El-Dein, the Chairman of the...
ADNOC Drilling Company has announced a significant allocation of approximately $700 million for new acquisitions in 2025. This move is part of the company’s strategy to enhance its operations both locally in the UAE and in international markets, as stated by CEO Abdulrahman Abdulla Al Seiari. The acquisitions will be facilitated through Enersol, a joint...
Qatar Airways is in the final stages of securing a deal to purchase approximately 100 widebody jets from Boeing, with an option to acquire additional aircraft. This information comes from a report by Bloomberg News, which cites sources familiar with the negotiations. The announcement regarding the deal is anticipated during U.S. President Donald Trump’s upcoming...