Top oil exporter Saudi Arabia sought to soothe fears about high oil prices, saying on Tuesday that world supplies were well in excess of demand and that crude at $125 a barrel was not justified given the anaemic state of the world economy.
March 21, 2012 1:51
China's record crude imports in February are most likely as high as they will go, at least for the coming months, as rising prices, refinery maintenance and slower economic growth curb demand.
March 12, 2012 4:23
Fallout from BP’s oil disaster will put region in the driving seat.
July 5, 2010 9:32
Price of the metal continues to soar as stocks take a battering.
June 9, 2010 3:23
Demand for small cars in Saudi has grown considerably.
June 9, 2010 3:11
Demand set to surge on recovering construction industry across the region.
June 6, 2010 3:15
New report says increase in supply will lead to continuing falls in rent.
May 31, 2010 3:44
According to a property law soon to be implemented in the emirate, landlords could become the new arbiters of rental rates.
March 11, 2010 7:20
The oil market is well supplied, Mohammed al- Hamli, the UAE’s oil minister said on Tuesday.
March 2, 2010 4:43
Faced with an oversupply of units and a severe lack of demand, the UAE real estate industry needs to become more transparent in order to boost investor confidence, say analysts.
February 15, 2010 4:29
According to the cartel, oil prices have increased considerably in the past year to reach “perfect” levels. But will 2010 be more profitable?
December 23, 2009 8:08
Car makers worldwide have been affected severely by the economic slowdown. However, the situation seems to be improving in some regions, with governments taking steps to help recovery.
August 26, 2009 11:26
The International Energy Agency has said that rapidly increasing oil prices may not be great news for the economy.
June 30, 2009 11:42
Although the emirate’s commercial property market is going through a tough phase, it will stabilize itself in the long-term future, says Matthew Green.
April 16, 2009 8:14