The pace of job creation in the UAE was “only marginal” as some firms tried to cut employee costs, an S&P Global report stated, adding that companies were confident activity would rise over the coming year
commodity
Latest in commodity
commodity
Russia sanctions have already reduced oil supply, increasing price volatility, says IEF
Sanctions cause commodity prices to surge and equities to sink as economic fears increase
commodity
Saudi’s Crown Prince and UAE president’s advisor call for stability as Russia-Ukraine war continues
Saudi Crown Prince Mohammed bin Salman has called for stability, UAE official Dr Anwar Gargash rules out “military solutions” to the Russia-Ukraine crisis as oil soars to $103 a barrel and commodity markets combat a state of disarray
commodity
Why consumers may escape global rise in price of raw materials
Expert says industries including the auto sector cannot afford to pass on increasing costs during Covid recovery phase
commodity
Goldman predicts plunge in Gulf borrowing needs
The Gulf Cooperation Council’s borrowing requirements could drop to $10 billion over the next three years if oil prices continue to stay elevated
commodity
Gold prices dip in Dubai on back of USA growth
US Federal Reserve meeting could have positive impact for local traders
clean energy
Video: How to fuel the future
America, under President Donald Trump, is securing its “energy independence” with oil and gas. But unlike fossil fuels, renewables will not increase global warming – and China is moving fast.
commodity
Video: What is OPEC?
Oil isn’t just petrol for your car, it’s an ingredient in a lot of what we use. That means the cost of these products can be affected by the fluctuating price of oil. That price is largely decided by supply and demand and the collective actions of OPEC, an organisation that provides 40% of the world’s oil.
Brent
Saudi’s $80 oil goal is eating into Modi’s budget ahead of polls
Modi’s government made the most of cheap oil by substituting any fall in prices with taxes that kept retail fuel rates unchanged for consumers and boosted the federal revenue
