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July 13, 2014

Last month the Paris-based International Energy Agency too conceded that the US was the biggest producer of oil and natural gas liquids.
 In view of the growing US supplies, the OPEC too is cutting forecast of demand for its own oil by 300,000 barrels a day next year.
23:29 GMT
World's top crude consumer, the United States, is now the world's top producer too, overtaking Russia and the OPEC kingdom Saudi Arabia.
. Cultural fit mattered more to interviewers than analytical ability or communication skills.
21:59 GMT
In an increasingly globalised economy, understanding how to deal with others is vital.
Another option that has been pushed forward enthusiastically in recent weeks is selling gas to the international companies that have land-based liquefaction facilities in Egypt.
16:07 GMT
The problem with the Turkish deal is twofold: the delicate political relationship between Israel and Turkey, and the handling of the negotiations on the parts of the corporate bodies in Turkey.
Chinese tourist numbers have recovered from their plunge following the 2012 eruption of the spat between Beijing and Tokyo over islands in the East China Sea.
04:55 GMT
Prayer rooms, hijabs made from local silk and even halal-certified whale meat are appearing in Japan as tourism bosses wake up to the demand from Muslim travellers.
In their efforts to satisfy their individualistic desires, Egyptians are happy to achieve the tiniest self-realisation at the cost of the country’s welfare.
04:55 GMT
In principle, every citizen deserves a better life; why should people suffer if their lives can be improved?

July 11, 2014

The 10 highest earning chief executives in the UAE make several million dirhams a year, taking home a total of Dh78.14 million in salaries and bonuses in 2013 alone,
03:33 GMT
Seven out of the ten highest paid officials work for companies based in Abu Dhabi, while the rest are based in Dubai.
Reorganizing the shipments thanks to delayed efforts to secure a terminal will add to headaches.
03:16 GMT
Egypt has missed a window to avert gas shortages this year as plans to secure a floating import terminal from a Norwegian firm hit snags.
After that deal, shipments from Zueitina were delayed because of damage from the blockade, while Hariga has seen only a few tanker loadings.
02:42 GMT
Libyas oil sector took another big step back to normality with the restarting of an oil field that could double its current meagre crude output

July 10, 2014

Discussing other factors that may potentially influence Arabian oil, Anderson said he did not expect political disruptions to affect oil passage through the Strait of Hormuz.
03:32 GMT
The shale oil revolution in the United States is not expected to present a threat to the Middle East, according to Duncan Anderson, chief executive officer at Gulf Marine Services (GMS).
The UK capital recorded €32.2 billion (around $44.2 billion) worth of transactions in 2013, with the Middle East contributing roughly $7.5 billion.
03:14 GMT
London’s property market has always been a favourite for investors from the Middle East.

July 9, 2014

However food waste is not unique to Saudi Arabia, low income and developed countries face problems in waste.
18:47 GMT
Saudi Arabia is the world’s top food importer, and also rated as one of the worst wasters.
The scars left by the Arabtec saga on both the company and the stock market may heal with time.
04:55 GMT
Married with four children, Ismaik has been spending some of his time since he quit watching World Cup soccer, rooting for Germany; he owns part of German soccer club TSV 1860 Munchen.
The global energy mix is shifting toward cleaner fuels such as natural gas
04:55 GMT
This year, energy markets have been marked by geopolitical motivations and pragmatism to an extent never seen before.
Dubai Marina and Shaikh Zayed, where a studio apartments costs about Dh80,000 a year on average are less-pricey options.
00:42 GMT
Affordable places to rent can be found in Deira, Discovery Gardens and Jumeirah Village,

July 8, 2014

Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.