Month : April 2021

Business

Aramco-EIG led consortium sign $12.4 billion deal

omandailynews.com
Aramco has signed a deal with a consortium led by EIG Global Energy Partners (EIG), one of the world’s leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back agreement involving its stabilised crude oil pipeline network. Upon closing, Aramco will receive upfront proceeds of around US$12.4 billion, further......
News

Sheikh Mohammed empowers vulnerable across MENA

omandailynews.com
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched 100 Million Meals campaign to provide food parcels for families and people in need across 20 countries during the Holy Month of Ramadan. Launched as an expansion from last year’s locally-held 10 Million Meals......