RIYADH: China’s CNOOC Ltd. has made a major oilfield discovery in the Bohai Sea, adding over 100 million tonnes of oil equivalent proved in-place volume, the state-owned oil and gas giant said on Monday. The discovery was made at the Qinhuangdao 27-3 oilfield located in the north-central waters of the Bohai Sea, the company said in … Read more
RIYADH: Women rejoining the workforce after a career gap could contribute $385 billion to the economies of nine Middle East and North Africa countries, a survey showed. According to a study conducted by PwC Middle East, this opportunity to increase the gross domestic product highlights significant employment potential in the region. This will prompt companies … Read more
RIYADH: Office space rents across all grades in Riyadh rose in 2023 due to increased demand from national and international occupiers, a study showed. According to a report released by real estate consultancy services CBRE, average prime rents in Saudi Arabia’s capital city increased by 20.7 percent in the 12 months leading up to the … Read more