The Week That Was is a weekly recap of all major events that took place in Africa last week. Central Africa After the OPEC meeting held on December 3rd in Vienna, Angola plans to limit oil production to 1.267 million barrels per day for 2021. This represents reducing...
KSA & UAE have more than $206 billion of active Power Projects The Kingdom of Saudi Arabia and the United Arab Emirates have combined more than $206 billion of active power Projects. ABiQ estimates these markets will spend more than $4.8 billion during 2021 on...
UAE will spend $1.6 billion on Oil and Gas projects in 2021 The United Arab Emirates have more than $50 billion of active Oil and Gas projects at the moment. Negative oil prices during the COVID-19 pandemic forced a strategic re-evaluation of national development...
8th December 2020, Dubai, United Arab Emirates: ABiQ Business Intelligence (ABiQ) signed an MoU with Global Islamic Financial Services Firm (GIFS) based in Dubai, United Arab Emirates, South Africa, and Turkey who provide financing and investment for infrastructure...
Saudi Arabia has more than $200 billion in active Oil and Gas projects 2020 was the first time in history the spot price of oil went into negative territory, sending shockwaves through global oil producers. That said, Saudi Arabia still has more than $200 billion in...
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