accountOfficial acknowledges ‘shortage’ in global oil
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MIDDLE EAST BUSINESS
The Middle East, especially the oil-rich Gulf, is the world's hottest economic region, shrugging off the economic gloom plaguing much of the rest of the world. Hundreds of billions of dollars in wealth are piling up there each year in countries like Saudi Arabia, the United Arab Emirates, Iran, and Iraq. Money and the Internet are changing the region fast and helping to build huge fortunes and world class companies. But explosive tensions remain over Israel, Iran, Iraq, and the Palestinians.
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Action over fuel despite spending pledges
Libya put its oil wealth in ventures ranging from chicken farms to volatile currency plays, according to a confidential...
Visited Abadan refinery to show his nation's ability to defy sanctions; explosion and fire killed 2 other people and...
The typical person from EMEA or Asia was carrying a minimum of three phones. One person pulled out four, jokingly said...
The rise of a powerful Turkey calls for a serious reconsideration of EU and US foreign policy
Stephen talks about having some service members on the show, as well as how the Persian Gulf tour came about, and lots...
Iraq's electricity ministry said it has signed an initial agreement with Iran to import natural gas for power...
The UAE's average oil output fell marginally in April to 2.51 million bpd, compared with 2.52 million bpd in March,...
The Bank of Israel increased its benchmark interest rate by 25 basis points to 3.25% from 3.00% previously.
Participants will discuss current political developments in Middle East and North Africa with an attempt to explain the...
Taqa pursues Mena-region project despite unrest as the Abu Dhabi company racks up earnings more than Dh1 billion.
Kuwait is to pursue a $340 billion investment programme as it works to transform the nation's energy policy
Global Arab Network | Oxford Business Group publishes economic and political intelligence on the markets of the Middle...
OPEC member Kuwait is the world's fourth largest oil producer and sits on about 10% of the world's crude reserves.
"The reason the company fired him is because he was encouraging staff to strike, which is not part of the...
Bapco has completed the turnaround and inspection (T&I) of its low sulfur diesel plant (LSDP). The T&I was...
French oil major Total has teamed up with the Abu Dhabi Future Energy Co, or Masdar, to build the world's largest...
One of the early challenges of developing the gasfield is to establish a base amid a sea of shifting desert dunes from...
Germany has agreed to help India make payments for Iranian oil to a
Cartel is a main beneficiary of high oil prices
According to www.globalarabnetwork.com , As the first live episode of the biggest Nabati poetry competition “Million’s...
Dubai-based Topaz Energy and Marine, the oil subsidiary of Oman's..
Taqa's first quarter net profit falls 47 per cent after the UK raises taxes on North Sea oil and gas production
Almost 50% of capacity is idle in winter so a suitable injection point into the European grid is all that's needed.
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