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Ensures S.Korea's stakeholding in over 1 bln bbls reserves; MOU worth $97.7 bln on oil prices now -presidential office; Also agrees to develop 3 oil areas with 570 mln bbls; S.Korea to store 6 mln bbls of Abu Dhabi crude "for free"; S.Korea oil self-sufficiency rate eventually to be 15 per cent
March 13, 2011 2:50
At a macro-economic level – or ‘big economy stuff’, as we prefer to call it – the lesson of the global downturn is that we are stronger together than we are apart.
February 7, 2011 3:01Infrastructure investments are on the right track – literally.
June 29, 2010 3:18Sheikh Mohammad says the UAE will avoid a GCC currency union until it is profitable.
June 26, 2010 12:34New poll suggests growth prospects for Gulf economies have worsened this year.
June 18, 2010 7:54
Kipp takes a look at some editorials from the Arabic press. This week: Hailing regional economic cooperation; Integrating the GCC; Jordan’s new taxes.
June 17, 2010 5:49Responses from gulf nations have been ‘discouraging,’ sources say.
June 16, 2010 7:53New survey says that investors believe stocks on Dubai and Abu Dhabi exchanges are undervalued.
June 15, 2010 3:42New report says GCC countries may soon have to start importing gas after years of exporting it.
June 14, 2010 4:01Demand set to surge on recovering construction industry across the region.
June 6, 2010 3:15
Recently released figures from the National Bureau of Statistics paint a revealing portrait of the UAE today, not least the division of economic activity between expats and nationals.
May 30, 2010 1:01Bahrain nominated a new candidate to head the Gulf Cooperation Council on Friday, responding to mediation efforts by Saudi Arabia to calm a Qatar-Bahrain row over a previous nominee.
May 29, 2010 2:51Original 2010 time line is now out of reach; analysts see 2015 as next earliest possibility.
May 26, 2010 9:58The UAE is set to be the slowest growing economy in the GCC over 2010 and 2011, according to the IMF.
May 25, 2010 4:19
As the euro flirts with a four-year low against the dollar, analysts discern upsides for Europe and the Mideast.
May 24, 2010 4:54
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
