News » Energy & Oil
Feed Subscription
Saudi Aramco reaping benefit from US-China trade war

Saudi Aramco reaping benefit from US-China trade war

Saudi shipments to China have risen to 970,000 tons so far this year, compared with 1.08 million tons for the whole of 2017 ...

Read More »
Saudi Aramco CEO says SABIC deal would impact IPO timeline

Saudi Aramco CEO says SABIC deal would impact IPO timeline

Amin Nasser says a stake in SABIC makes Aramco less vulnerable to volatile oil prices, and would be positive for its revenue ...

Read More »
Saudi Arabia rejects claims it will oversupply global oil market

Saudi Arabia rejects claims it will oversupply global oil market

Under pressure from US President Donald Trump to cool rallying prices, the Gulf kingdom bolstered production by the most in three years last month ...

Read More »
ADNOC awards $1.6bn deal to find new Abu Dhabi oil

ADNOC awards $1.6bn deal to find new Abu Dhabi oil

Abu Dhabi National Oil Company awards contracts for the world's largest 3D onshore and offshore seismic survey, covering an area up to 53,000 sq km ...

Read More »
Dubai invests total of $136m in energy efficiency drive

Dubai invests total of $136m in energy efficiency drive

Investments in energy efficiency projects were $68m in 2017, an increase of one-third compared to 2016 ...

Read More »
Chinese retail eyes expansion in the UAE

Chinese retail eyes expansion in the UAE

Chinese malls are likely to expand to underserved destinations in the country, according to a regional director of consultants JLL ...

Read More »
Safeguarding your privacy with the intelligent cloud

Safeguarding your privacy with the intelligent cloud

Brand View: Mohammed Arif, Regional Director for Modern Workplace & Security at Microsoft Gulf, urges organisations to assess and improve their data privacy and compliance standards ...

Read More »
UK pound may slump again in the event of a no-deal Brexit

UK pound may slump again in the event of a no-deal Brexit

Sterling could drop by as much as 8 percent against the dollar if the UK doesn't clinch a deal with the EU by March 29 ...

Read More »
WhatsApp seeks to stem fake news ahead of Pakistan election

WhatsApp seeks to stem fake news ahead of Pakistan election

Millions of people use WhatsApp in neighbouring Pakistan, where rumours, false information and conspiracy theories are common ...

Read More »
Saudi Aramco in ‘preliminary’ discussions to acquire SABIC stake

Saudi Aramco in ‘preliminary’ discussions to acquire SABIC stake

Saudi Aramco said there is still 'no certainty' that any transaction will take place ...

Read More »
DP World to set up ‘Traders Market’ to boost China’s Belt and Road initiative

DP World to set up ‘Traders Market’ to boost China’s Belt and Road initiative

The agreement will help China-based manufacturers trade across the Middle East and Indian Subcontinent, according to the company. ...

Read More »
Affordable housing focus set to boost Riyadh property market, says JLL

Affordable housing focus set to boost Riyadh property market, says JLL

New report hails gov't move to increase home ownership for Saudis from 47% to 52% by boosting affordable residential supply ...

Read More »
Fire at Saudi Aramco refinery ‘an operational incident’

Fire at Saudi Aramco refinery ‘an operational incident’

Members of Yemen's Houthi movement had earlier claimed that a drone was used to attac the facility ...

Read More »
UAE and China: Towards a brighter and more sustainable future

UAE and China: Towards a brighter and more sustainable future

Visit of President Xi Jinping of China to the UAE is an opportunity to further enhancing its strategic partnership, writes Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and ...

Read More »
Lack of leadership in Lebanon has banks paying highest interest rates on deposits

Lack of leadership in Lebanon has banks paying highest interest rates on deposits

Average rates on dollar deposits rose to 4.11 percent, a level not seen since February 2008. Similar interest rates in Jordan were at 4.38 percent at the end of May ...

Read More »