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: May 25, 2016
INTERNATIONAL. IETA survey, conducted by PwC, measures carbon market sentiment; An overwhelming majority of respondents expect an expansion of carbon markets.
Posted: May 20, 2016
JORDAN. Partnership will provide an innovative "off-grid" power and connectivity solution to improve the quality of education in the Zaatari Refugee camp in Jordan.
Posted: May 13, 2016
INTERNATIONAL. Anxiety from Europe created a bearish domino that wasted no time in infecting Wall Street which was already engaged in a losing battle with faltering US rate hike expectations.
Posted: May 12, 2016
INTERNATIONAL. Markets lifted strongly following a strong draw down in oil inventories of -3.41M barrels; market is still hesitant to break through the current resistance level at 46.12.
Posted: May 11, 2016
UAE. 65% of respondents expect to spend less on projects than last year; increasing number of disputes owing to shrinking budgets and payment delays; 62% of respondents had been involved in a dispute recently or expect to be involved in one in the next year.
Posted: May 5, 2016
UAE. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
Posted: May 3, 2016
OMAN. Be'ah, Oman Environmental Services Holding Company, awards contract to Veolia and Omani partner Al Ramooz National.
Posted: April 28, 2016
INTERNATIONAL. Key sessions include speeches from CEOs of Shell and Saudi Aramco, OPEC and UNFCCC leaders and a welcoming address from the President of Turkey.
Posted: April 25, 2016
JORDAN. Aqaba was Averda's first city served in Jordan and, to date, more than 60,000 tons of waste have been collected and over 300 people employed, with half of these being Jordanian nationals.
Posted: April 20, 2016
INTERNATIONAL. Stock markets were offered a welcome boost following the sharp appreciation in oil prices that temporarily elevated confidence towards the global economy and heightened investor risk appetite.
Posted: April 19, 2016
QATAR. World leader in aerial inspection and survey using Unmanned Aerial Vehicles (UAV).
Posted: April 18, 2016
UAE. The disagreement is mainly due to Tehran's resistance to the idea of an output freeze; Saudi Arabia is not willing to do a deal without Iran's participation as this could ignite a market share war.
Posted: April 16, 2016
INTERNATIONAL. Gold rally faltering as major funds begin looking for alternatives; Doha crude meeting could easily wind up disappointing markets.
Posted: April 14, 2016
INTERNATIONAL. NanoMech uses nanotechnology to develop advanced products for industrial and mechanical applications - such as lubricants, coatings and specialty chemicals.
Posted: April 13, 2016
INTERNATIONAL. The downward revision of Fitch's oil price assumptions for 2016 and 2017 to US$35/b and US$45/b, respectively, has major negative implications for Saudi Arabia's fiscal and external balances.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 29, 2016
UAE. With the end of the school year imminent, this article explores some of the issues relating to termination of employment in the education sector, both by the education institution and by the employee.
date:Posted: June 28, 2016
UAE. Acknowledged as a generational disruptive force, blockchain can protect and enable Smart City development and digital transaction systems; Plays important role in incubating regional start-ups ecosystem; Provides support for industries such as healthcare, transport, finance.
date:Posted: June 28, 2016
UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
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