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Oil & Energy

8/3/2015 -  Oil giant Shell cuts 6,500 jobs on earnings drop, MENAFN
(MENAFN) Royal Dutch Shell suffered a decline of profit and revenue in the second quarter of 2015 and scheduled a total cut of 6,500 jobs, the Anglo-Dutch oil and gas giant stated.

The job ...
8/3/2015 -  Dubai spent USD46.2m for water transmission networks, MENAFN
(MENAFN) Dubai Electricity and Water Authority (DEWA), launched major water transmission networks with a length of 25km.

This project matches Dubai Plan 2021, which pursues economic ...
8/3/2015 -  UAE first in Mena in terms of private equity investment, Khaleej Times
(MENAFN - Khaleej Times)UAE and Kingdom of Saudi Arabia (KSA) have attracted over 75 per cent of Mena investment activity by value in 2014 reflecting their scale and stability and increased ...
8/3/2015 -  An ECB policy shock will slam the euro below parity, Khaleej Times
(MENAFN - Khaleej Times)There is now no doubt that world financial markets have embraced the King Dollar theme as it scales March highs. Yet the real macro disaster in the past two months has been in ...
8/3/2015 -  Oil's fresh plunge weighs on Middle East markets, Khaleej Times
(MENAFN - Khaleej Times)Stock markets across the Middle East fell on Sunday after oil prices dropped again. Saudi Arabia heavily influenced by the petrochemicals sector led losses hitting a ...
8/3/2015 -  UAE- OPEC daily basket price for Friday, 31st July 2015, Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The price of OPEC's basket of twelve crudes stood at US$50.50 a barrel on Friday, compared with US$51.45 the previous day, according to OPEC Secretariat ...
8/3/2015 -  Low oil prices continue to benefit Asian emerging markets, Arab News
(MENAFN - Arab News) KUWAIT: Even after the pickup in prices since the beginning of the year partially offset by last month's developments oil price levels continue to bode well for Asian emerging ...
8/3/2015 -  Saudi- Gas cylinder explosion waiting to happen in Madinah market, Arab News
(MENAFN - Arab News) JEDDAH: A major disaster is waiting to happen in the fish market of Madinah because of the callous attitude of traders toward handling of gas cylinders.
A visit to the ...
8/3/2015 -  Qatar- PPI of "Mining group" (y-o-y) declines 40.3 percent in May, 2015, The Peninsula
(MENAFN - The Peninsula) The Monthly Producer Price Index (PPI) of the "Mining group" witnessed the highest 40.3 percent fall (year-on-year) in May 2015 compared to the counterpart index of the ...
8/2/2015 -  Market Report Turbine Market in South Africa to grow at a CAGR of 4.3% through 2019, MENAFN Press
(MENAFN Press) Fast Market Research announces the availability of Technavio's new report "Turbine Market in South Africa 2015-2019" on their comprehensive research portal.

A ...
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