Industry & Trade Lower oil prices negatively impact investment, energy efficiency aya salah Jul 10, 2016 0 Following up on World Energy Outlook 2015, which examined the potential impact of a prolonged period of lower oil…
forex news Oil jumps but biggest weekly drop in Brent since January Noha Gad Jul 9, 2016 0 Crude prices inched up in choppy trading on Friday but Brent notched its largest weekly drop in nearly six months,…
forex news Oil dips on economic concerns, demand worries Yomna Yasser Jul 5, 2016 0 Oil prices dropped on Tuesday, with Brent dropping back below $50 per barrel as economic concerns took centre stage…
MENA News Saudi oil market heading toward a balance, prices beginning to settle- minister Noha Gad Jul 4, 2016 0 The energy minister of Saudi Arabia, the world's largest oil exporter, and the secretary general of OPEC agree that…
forex news Oil stable as market seen in balance, but slow Asian demand hurts Noha Gad Jul 4, 2016 0 Oil futures were steady on Monday following comments from the Saudi energy minister that the market was heading…
MENA News Saudi economic growth slowest in three years as austerity bites Noha Gad Jul 3, 2016 0 Saudi Arabia's economy expanded at its slowest rate in three years during the first quarter of 2016 as low oil…
Industry & Trade EGAS drills fourth well in Egypt’s giant Zohr gas field Noha Gad Jul 2, 2016 0 Egyptian Natural Gas Holding Company- EGAS finished drilling fourth well in Zohr gas field in Mediterranean Sea,…
MENA News Saudi Arabia keen to expand China energy investments Noha Gad Jul 2, 2016 0 Saudi Arabia wants to expand its investments in China's energy industry, its Energy Minister Khalid al-Falih said…
forex news Oil falls towards $50 on higher supply outlook, economic worries Noha Gad Jun 30, 2016 0 Oil fell towards $50 a barrel on Thursday, pressured by higher Nigerian output and concern about the economic…
Financial Institutions Abu Dhabi eyes merger of sovereign funds Mubadala and IPIC aya salah Jun 29, 2016 0 Abu Dhabi plans to merge two of its largest sovereign investments funds as the sheikhdom pursues consolidation in…