October 7, 2014
Service contracts stay within the limits of Kuwait’s constitution, which ban foreign firms from oil production in the Gulf OPEC crude exporter.
Lagarde, in the IMF's first direct, public comment on the latest Yemeni policy changes, said they did not endanger the loan programme.
The satellite will reportedly have a lifespan of one year and six months, and will capture images and transmit them to stations on earth.
October 6, 2014
The U.S. Company NEOS Geo Solutions, which signed a contract with the ministry of energy in January, flew one of its planes equipped with sensors over the Bekaa Valley in clear weather.
Last week, the petroleum minister announced that the government had paid $1.5 billion of its arrears to energy companies.
Apart from it being the festive season, the increased sales of gold in Dubai can be owed to the low prices currently.
October 5, 2014
IMF managing director Christine Lagarde warned of the fragile recovery of the global economy and the effects of the turmoil in the Middle East, especially the war against ISIS and the instability of Iraq and Syria, which could trigger higher global oil prices.
October 2, 2014
"The proposed sale will help replenish Saudi's current Patriot missiles which are becoming obsolete and difficult to sustain due to age and the limited availability of repair parts," the agency said.
The DFM looks particularly overbought as one of the best performing stock markets in the world, up 50 per cent year-to-date, and could well be heading for a fall.
Dubai's decision appears in line with the authorities' determination to spare no expense in equipping the police.
The sale was agreed on September 30 and will have a positive impact on the company's financials.
"Opec appears to be gearing up for a price war."...."I think Brent will fall below $88 before we see the bottom of the market."
The new 2022 payment will also be augmented in a number of ways aimed at persuading creditors to grant more time, according to reports.
Shourijeh will turn Iran into the greatest gas storage hub in the Middle East, and one of countries with underground storage facilities of natural gas
October 1, 2014
In August 2014, the top five routes from Abu Dhabi International Airport were Bangkok, London, Doha, Manila, and Bahrain.