ArabianBusiness.com - Middle East Business News
Saturday, 04 July 2009 09:24 UAE time

YOUR DIRECTORY /

Kuwait needs oil majors to hit targets - minister

Kuwait needs oil majors to hit targets - minister

Energy
OPEC members need help to reach its oil and gas production targets.

Gasoline prices down on demand concerns
Energy
ME gasoline prices fell nearly $3 this week as signs of a recovery in the global financial system looked dim.

Oil falls below $68, gasoline stocks rise
Energy
Swelling gasoline stocks and a much bigger than expected rise in US unemployment push oil markets down.

TAQA clashes with S&P over latest GRE ratings
Energy
Abu Dhabi energy giant terminates relationship with ratings agency Standard & Poor's.

more »MIDDLE EAST ENERGY COMMENT

$50 is not a crisis
The months ahead may need to be lean, but they should also prove stable and profitable, says Daniel Canty.

 Daniel Canty  

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

0.00

0.00%

31 Dec 1969 20:00 GMT
(Market Closed)

ADX

Last Price:

2,671.29

+42.51+1.62%

2 Jul 2009 09:59 GMT
(Market Closed)

SSE

Last Price:

5,599.38

+2.92+0.05%

1 Jul 2009 12:30 GMT
(Market Closed)

CURRENCY CONVERTOR


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Bahrain's Gulf Finance House denies merger talks
  2. Kuwait's CBK reduces activity of investment unit - paper

Construction & Industry

  1. $543m Mirdiff Hills project on hold
  2. Firms stick to midday work ban on Day 1

Culture & Society

  1. Michael Jackson memorial set for Tuesday
  2. Boyfriend of death fall woman charged with unlawful sex

Education

  1. UAE schools to extend work hours to cope with late start - paper
  2. Enrolment figures up despite UAE exodus fear - GEMS

Energy

  1. Kuwait needs oil majors to hit targets - minister
  2. Gasoline prices down on demand concerns

Healthcare

  1. UAE confirms three new cases of swine flu
  2. Saudi issues Hajj warning amid rising swine flu cases

Islamic Finance

  1. Islamic banks need to revamp business model - E&Y
  2. Dow Jones launches Islamic Index

Media & Marketing

  1. Ibn Battuta Mall cinemas saw record weekend admissions
  2. UAE suspends newspaper over 'horse doping' claims

Personal Finance

  1. HSBC sees 'rapid increase' in customer 'skips'
  2. Car giant offers UAE's first free redundancy cover

Politics & Economics

  1. Kuwait MPs approve $42bn budget passed by gov't
  2. Qatar's population falls to 1.61m in June

Real Estate

  1. Qatar's Barwa defrauded by a South African - source
  2. Dubai developer Deyaar appoints new chairman

Retail

  1. Abu Dhabi June gold sales up on summer buying spree
  2. 200 people arrested in Dubai counterfeit crackdown

Sport

  1. Chelsea rejects Man City’s bid for Terry
  2. Abu Dhabi TV to exclusively telecast EPL football

Technology

  1. 33% of UAE consumers rein in online spend
  2. Saudi Atheeb's internet start ends STC's monopoly

Transportation

  1. Qatar's used-car market sees boom time - paper
  2. Bjorn Naf steps down as Gulf Air CEO

Travel & Hospitality

  1. Mideast tourist numbers drop in Jan-Apr 2009 - UN report
  2. Emirates adds flights to meet west Asia demand

more »MIDDLE EAST ENERGY EVENTS

UPCOMING EVENTS

  1. Corrosion Control In Petro-Chemical Plants
    13 July 2009 | Dubai, United Arab Emirates
  2. Shutdown Maintenance Management for Electric Power Plants
    13 July 2009 | Dubai, United Arab Emirates
  3. Corrosion Control In Petro-Chemical Plants
    14 July 2009 | Kuwait City, Kuwait
See all events »

MORE ENERGY STORIES

  1. Saudi to spend $28bn on ailing electricity network
  2. Iraq oil auction dashes majors' bonanza hopes
  3. Saudi, Conoco relaunch Yanbu refinery bidding
  4. Kuwait sees sharp drop in oil exports to Japan
  5. BP wins bid to develop Iraq's biggest oilfield
All Energy news stories »

SPOT POLL

What do you think about predictions for the UAE real estate market?

It's already hit the bottom.
There's still another 20-30% correction to come.
It's now on the road to recovery.
Nothing's going to change until the end of the year.
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    Industry: Oil & Gas
    Location: Dubai, UAE
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    Industry: Oil & Gas
    Location: Abu Dhabi, UAE
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