Iran sanctions may boost UAE oil revenues Gulf News | Abu Dhabi: The UAE's oil revenues could get a boost if the country can source enough oil to replace Iranian oil exports to Europe, energy experts have said. | The European Union (EU) plans to halt oil imports from Iran from July 1. | Benchmark Brent crude prices rose to around $111.50 (Dh409.53) a...
UAE, Saudi oil to make up for shortfall Gulf News | Dubai: Iran's oil industry was under renewed pressure last night as both the UAE and Saudi Arabia signalled that they planned to increase supply to Tehran's key buyers of crude. | Reuters quoted sources who claimed Abu Dhabi National Oil Company (A...
Dubai FDI brings more than Dh3b into economy in 2011 Gulf News | Abu Dhabi: Dubai FDI, the foreign investment office of the Department of Economic Development, yesterday said it brought Dh3.44 billion in capital and 77 companies to Dubai in 2011 whose collective turnover was Dh16.57 billion. | "The past yea...
UAE crude output hit 2.58m bpd in December Gulf News | Abu Dhabi: The UAE's average oil output rose 2.38 per cent in December to 2.58 million barrels per day (bpd) from a month earlier, latest data from the Paris-based International Energy Agency (IEA) showed. | "Opec [Organisation of Petrole...
Iran sanctions may boost UAE oil revenues Gulf News | Abu Dhabi: The UAE's oil revenues could get a boost if the country can source enough oil to replace Iranian oil exports to Europe, energy experts have said. | The European Union (EU) plans to halt oil imports from Iran from July 1. | Benchmark Bren...
UAE can export oil if Iran closes Hormuz Gulf News | Dubai: The UAE will be able to use ports on the Gulf of Oman for oil exports if Iran closes the Strait of Hormuz, transit point for about a fifth of the global oil supply, Dahi Khalfan Tamim, Chief of Dubai Police, said in an interview with B...
Uae Firm In Indonesia Rail Deal - Gulf News Coalspot | Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start next March, a top official said. | "This is part of our $1 billion (Dh3.67 billion) investment pl...
Uae Steel Traders Fear Losses On Global Hike Coalspot | A sudden spurt in the price of iron ore in the international market has caught local steel traders and manufacturers and a host of other steel-dependent industries, off guard. Emirates Business has learnt that the consequent increase in steel price...
'They want to finish us,' Syrian resident says amid shelling in Homs CNN February 8, 2012 -- Updated 0955 GMT (1755 HKT) 'Anti-air tanks shooting at buildings' | (CNN) -- Not long after Russia's foreign minister touted the Syrian president's "commitment" to ending violence, at least 47 people were killed in bloodshed Wednesday, an opposition activist group said. | Government forces stormed three homes in a Homs neighbor...