ArabianBusiness.com - Middle East Business News
Tuesday, 14 October 2008 | 00:08 UAE time

YOUR DIRECTORY /

Oil prices to fall further, could hit $50

Oil prices to fall further, could hit $50

Energy
Analysts predict downward pressure on prices will continue due to global financial crisis.

OPEC warned to take 'preventative measures'
Energy
Qatari oil minister says oil cartel must balance supply and demand amid financial crisis.

Power outage forces closure of Kuwait refineries
Energy
Kuwait National Petroleum Co says operation back to normal within days.

Saudi king set to launch $3.2bn power projects
Energy
King Abdullah begins visit to Madinah, will lay foundation stone for major developments.


more »MIDDLE EAST ENERGY COMMENT

What credit crunch?
It seems the global credit crunch has had little impact on the rampant development of the Middle East's upstream sector.

Daniel Canty  

Nuclear family
In the Gulf the UAE has been getting the ball rolling, and looks the most likely to be first to commission a nuclear power station.

Stuart Matthews

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

3,343.56

+318.48+10.53%

13 Oct 2008 09:59 GMT
(Market Closed)

ADX

Last Price:

3,350.22

+216.71+6.92%

13 Oct 2008 09:59 GMT
(Market Closed)

SSE

Last Price:

6,365.23

+550.63+9.47%

13 Oct 2008 12:29 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

more »MIDDLE EAST ENERGY EVENTS

UPCOMING EVENTS

  1. Offshore Projects
    12 October 2008 | Abu Dhabi, United Arab Emirates
  2. MENA Mining Congress 2008
    13 October 2008 | Dubai, United Arab Emirates
  3. 3rd Annual Corrosion Management & Fitness for Service Conference
    19 October 2008 | Abu Dhabi, United Arab Emirates
See all events »

SPOT POLL

After the debacle of Heathrow's Terminal 5, how do you think the opening of T3 in Dubai will go?

Emirates have done all the tests and I'm confident it will be smooth and efficient.
I'm sure there will be the odd delayed flight but nothing serious.
Many flights will be delayed and baggage will be lost.
I've changed my flight plans because I don't want to be caught in the chaos.

BUSINESS FEATURES

Coal's comeback

Arabian Business reports on the unlikely return of an unfashionable fossil fuel.

Jordan's growing pains

Gulf developers are being drawn to Jordan, but face inflation and energy resources stretched to the limit.

Leading the green revolution

Abu Dhabi is building a green future, and will force developers to toe the line with a raft of regulations.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Automation Operations Manager
    Industry: Energy
    Location: Saudi Arabia
  2. Drilling Manager
    Industry: Oil & Gas
    Location: Sharjah, UAE
Browse all jobs »

BUSINESS INTERVIEWS

Planes, trains and automobiles

With power plants, aircraft parts and green energy in high demand in the UAE, the stage is set for a new partnership.

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