Oil Gas & Utilities

FEATURED REPORT...
Posted: 10-08-2011
INTERNATIONAL. Saudi Arabia pumped the most oil in three decades last month, reaching 9.8 million barrels a day and boosting OPEC production, the International Energy Agency said. Increased output in Angola helped replace lower supply in Libya. Daily supply from the 11 Organization of Petroleum Exporting Countries members bound by quotas rose to 27.37 million barrels a day in July from 27.22 million in June, the Paris-based IEA said today in its monthly oil market report. “Output has regained levels close to those seen before the Libyan crisis, although OPEC spare capacity now stands at
Posted: December 18, 2014
SAUDI ARABIA. Finance Minister Ibrahim al-Assaf announced that the government plans to fund "massive" development projects next year, focusing on health care, education, social services and security.
Posted: December 18, 2014
UAE. The DFM General Index increased 13%; Abu Dhabi's ADX General Index jumped 6.7%, the most since December 2009; Saudi Arabia's TASI surged 8.6%.
Posted: December 18, 2014
INTERNATIONAL. A new analysis presents the key trends that will transform the global market over the next decade and beyond.
Posted: December 18, 2014
INTERNATIONAL. Their dependence on oil is their Achilles' heel, and a knife went through it when the price of oil started to fall. They're also hurt by the sanctions that make it difficult to finance debt.
Posted: December 18, 2014
UAE. Experts say part of the solution to addressing water security is through the deployment of new technologies that increase desalination capacity, while reducing the energy needed to process seawater.
Posted: December 17, 2014
INTERNATIONAL. Russians don't respond to economic pressure as Westerners do. Sanctions reflect European and American thresholds of pain. They are designed to cause pain that the West could not withstand. Applied to others, the effects may vary.
Posted: December 16, 2014
INTERNATIONAL. The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geopolitical landscape, and has severely pressured many energy sector investments.
Posted: December 16, 2014
UAE. Investors are seeking opportunities in new sectors and geographic locations with Dubai and the UAE a well-placed hub to drive and facilitate growth.
Posted: December 16, 2014
UAE. 2015 cannot be worse than 2014; Libya and Syria are not likely to resolve their problems in 2015; Fall of oil prices will have a destabilizing impact on most countries in the short term.
Posted: December 15, 2014
UAE. "We are not going to change our minds because the prices went to US$60 or to US$40," the UAE energy minister said. "We're not targeting a price; the market will stabilize itself."
Posted: December 14, 2014
During the past week the Bloomberg Commodity Index reached a new five-and-a-half-year low as selling in the oil sector continued; Silver comies back from the brink.
Posted: December 14, 2014
Qatar Petroleum International Sponsors The International Petroleum Technology Conference (IPTC) in Malaysia.
Posted: December 13, 2014
BAHRAIN. A period of lower oil prices will exacerbate existing structural weaknesses in Bahrain's public finances, absent corrective measures, said S&P.
Posted: December 13, 2014
QATAR. Oil prices are widely expected to recover gradually; Qatar has ample resources to continue implementing its infrastructure investment programme. The sizeable programme should therefore continue to drive non-hydrocarbon growth and lead to further economic diversification going forward.
Posted: December 11, 2014
UAE. Focus will move from competing on price to competing on technology and quality of service, finds Frost & Sullivan.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 19, 2014
UAE. As a gateway of opportunity for Asia, Dubai has a key role in driving growth momentum; Between 2010 and 2013, GCC-China trade grew faster than with any other significant trade partner.
date:Posted: December 18, 2014
INTERNATIONAL. A new analysis presents the key trends that will transform the global market over the next decade and beyond.
date:Posted: December 18, 2014
UAE. International tourism and a stronger middle class are shaping luxury trends, including luxury experiences and alternative luxury channels, with a focus on the consumer rather than geography.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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