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Anas Al Saleh says prices of between $50 and $60 over next 10-15 months are “logical and acceptable”
Clean Fuels Project will upgrade and expand two of Kuwait's largest existing refineries with a focus on producing higher-value products such as diesel and kerosene for export
Kuwait Integrated Petrochemical Industries Company will serve as a subsidiary to Kuwait Petroleum Corporation
Ministry of Electricity and Water says it has so far collected $2.8bn in payments
Ministry of Electricity and Water said it would invest in alternative projects related to solar energy and wind
Kuwait Oil Company says specialised teams are dealing with the oil spill on the site
Azzour North One, phase one of the country’s IWPP project, is expected to deliver 10% of Kuwait power peak capacity
Sovereign wealth fund tells French authorities it wants to sell its stake in nuclear group Areva
Figure is significantly lower than previous years, when oil prices were over $100 a barrel
Oil and energy ministers attend 169th Ordinary meeting of the Conference of the Organisation of the Petroleum Exporting Countries in Vienna
Saudi Arabia and its Gulf allies had tried to propose OPEC set a new collective ceiling in an attempt to repair the group's waning importance
State-owned KNPC refiner signed loans worth 3.97 billion with Kuwaiti lenders in April
Increase negotiated following threats of strike action
The firm’s planned Clean Fuel Project is expected to be 75 percent complete by the end of the year
Khaled Jarallah says Iran “should learn from the market”
Sheikh Mohammed launched the new museum in Bur Dubai, which displays thousands of golden, bronze...
Real estate advisor Savills says UK's decision to leave the EU has tempted Middle East investors...
Aircraft spare part manufacturing, boat building and pharmaceuticals are all part of Dubai...
Construction Week’s Power 100 annual ranking of the most influential people in the middle east...
From Nancy Ajram to Huda Kattan, Arab ladies show off their style
A number of high profile and impressive projects are set to come to fruition across in the...
State investment funds Abu Dhabi Investment Council and Mubadala will hold 33.2 percent and...
From celebrities to fashion bloggers
Prime Minister says that he is confident economic cooperation between Qatar and the UK can...
to be honest nothing surprises me anymore. well one thing does; how come people keep on buying knowing full well things like this could happen? more
I'm a recruiter and we get bombarded by the likes of Bayt, GuflTalent, Naukri, Monster Gulf to use their services, 7 emails from MonsterGulf yesterday... more
I remember running an event on entrepreneurship quite a few years ago in Abu Dhabi and during a panel session, while the panel continued to observe that... more
I agree about TAS and whenever I flew in/out, and have done so many, many times, fortunately I was in Biz Class, but it is awful. Whilst in this part of... more
Glad Dubai is final getting serious buyers, wonder when they will get serious developers?? more
To me its very noticeable on the odd occasion I fly emirates when I land back in Dubai no more than 10% of the plane turns to arrivals with everyone going... more
@Fentoni. No one is denying the concurrent macro-economic shifts, but Dubai's diversification away from oil, a fact that until recently Don Quixote had... more