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Wednesday, 10 February 2010
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Abu Dhabi to sign $2bn in onshore oil contracts

Abu Dhabi to sign $2bn in onshore oil contracts

Energy
ADCO to raise sustainable production capacity to 1.8m barrels a day from 2017 from 1.4m bpd.

  1. ADCO to boost crude capacity to 1.8m bpd by 2017
  2. ADNOC to boost gas output by 1bn cfd by 2013

Investors cautious as dividends push ME markets up
Financial Markets
Speculators trying to push up share prices ahead of foreign investors coming in.

Dubai apartment prices fall 4.3% in Q4 2009
Real Estate
Location and build quality drives prices with the Palm Jumeirah seeing slight increase.

Rising loan provisions 'natural' - UAE central bank
Banking & Finance
Cbank governer said he expected bad loans to increase to 6.4% from 4.4% in 2010.

more »MIDDLE EAST BUSINESS COMMENT

Billionaires make more from ideas than bubbles
Google's exit from China will benefit India, argues William Pesek.

 William Pesek  

Expats in the Gulf are a force for good
It's hard to see the Bahrain Labour Minister's point, says Damian Reilly.

 Damian Reilly

more » BUSINESS INTERVIEWS

In the line of fire

In an explosive interview, Bahrain's Minister of Justice and Islamic Affairs talks politics, women, Islam and child marriage.

Media Kingpin

WPP CEO Sir Martin Sorrell is one of the most powerful men in global media - and he's worried about the future of the industry.


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Investors cautious as dividends push ME markets up

Construction & Industry

  1. Workers strike in Saudi labour law protest

Culture & Society

  1. Saudi court upholds verdict against TV sex bragger - paper

Education

  1. Prison guards break up riot at Saudi girls' school

Energy

  1. Abu Dhabi to sign $2bn in onshore oil contracts

Healthcare

  1. Siemens Healthcare wins $70m Iraq hospital deal

Islamic Finance

  1. UAE's ADIB to mull 25% foreign ownership

Media & Marketing

  1. Osama bin Laden tape claims Dec 25 bomb attempt

Personal Finance

  1. Emirates NBD launches Jersey deposits

Politics & Economics

  1. Investors cautious as dividends push ME markets up

Real Estate

  1. Property sales dry up in Bahrain

Retail

  1. Damas appoints Sanjay Kalsi as interim acting CEO

Sport

  1. Emirates to be AC Milan’s new shirt sponsor

Technology

  1. Zain appoints acting CEO - paper

Transportation

  1. Dubai-listed Aramex appoints new COO

Travel & Hospitality

  1. Mandarin Oriental eyes first Mideast hotel

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more » BUSINESS FEATURES

Stormy weather for London shipbrokers

As mobile homes lead ships in Westminster's priorities, London's place at the centre of the shipping map is in the balance.

The man behind the plan

Meydan chairman Saeed Al Tayer offers the inside track on the world's largest racecourse.


more »MIDDLE EAST BUSINESS EVENTS

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MORE TOP MIDDLE EAST BUSINESS STORIES

  1. Bahrain's GFH chair faces $125m property lawsuit
  2. Oman's Vision eyes infrastructure growth fund
  3. S&P sees more corporate defaults in Mideast
  4. Property sales dry up in Bahrain
  5. Saudi court upholds verdict against TV sex bragger - paper
All Middle East business news stories »

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READER COMMENTS

  1. Gulf carriers ‘generation behind’ Cathay on service 11
    09 Feb ' 10 at 11:55
    I was based in Bahrain and then Dubai for many years, and flew many times on many airlines operating between the Gulf states and Asia,...   More  »
  2. Emaar continues Burj Khalifa maintenance work 06
    09 Feb ' 10 at 13:27
    Burj Khalifa is an architectural wonder and deserves accolades only. Trivial issues are being magnified by the media to tarnish Burj...   More  »
  3. UAE launches workers' rights booklet 05
    09 Feb ' 10 at 13:58
    The 'legitimate residency' does open up an issue where workers have been effectively dumped after a contract and not flown home as...   More  »

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