Loading ...Opec increases 2010 oil demand forecast
By Kipp • Mar 10th, 2010 • Category: Middle East Business NewsOpec said in a report on Wednesday that oil demand will grow at 900,000 barrels per day in 2010.
Posts Tagged ‘increase’
Opec said in a report on Wednesday that oil demand will grow at 900,000 barrels per day in 2010.
ME airlines saw 23.6 percent passenger growth in January
By Kipp • Mar 2nd, 2010 • Category: Middle East Business NewsGlobal passenger demand for air travel also increased in January this year, according to the International Air Transport Association.
Dewa plans to raise $1.5 billion in Q2 2010
By Kipp • Mar 2nd, 2010 • Category: Middle East Business NewsThe body is currently not looking at raising revenues by increasing tariffs, said Saeed Mohammad al-Tayer, Dewa’s CEO.
More spending, healthier economy?
By Aarti Nagraj • Mar 2nd, 2010 • Category: Cover Story, Economy, International, Regional, The LifeDespite the global increase in consumer spending, there will be mixed benefits in the GCC due to the region’s varied demographics.
HSBC’s 2009 net profit rises, but falls below expectations
By Kipp • Mar 1st, 2010 • Category: Middle East Business NewsThe company made net profits of $5.83 billion during the year, as opposed to analysts' expectations of $6.4 billion.
Fueling the economy
By Aarti Nagraj • Feb 28th, 2010 • Category: Cover Story, Economy, Saudi Arabia, The Work, oilAn increase in oil prices combined with rising production will see Saudi’s economy bounce back, say analysts.
Du’s revenue up 35 percent in 2009
By Kipp • Feb 24th, 2010 • Category: Middle East Business NewsThe telecom operator announced that its net profits reached AED528 million in 2009.
Visit Abu Dhabi or Dubai?
By Aarti Nagraj • Feb 23rd, 2010 • Category: Cover Story, The Work, UAE, tourismThe UAE capital promises to be a “luxury global cultural destination”. But tourism officials insist Abu Dhabi is not competing with its northern neighbor.
Saudi shares reach highest level since October
By Kipp • Feb 20th, 2010 • Category: Middle East Business News, Press ReleaseThe seven day winning streak is the longest that the Saudi market has seen since September last year, says Bloomberg.
RTA issues over 160,000 licenses in Dubai last year
By Kipp • Feb 9th, 2010 • Category: Middle East Business NewsThe majority of the licenses were issued for light vehicles.
UAE business executives plan to travel more in 2010
By Kipp • Feb 8th, 2010 • Category: Middle East Business NewsBusiness travelers are planning more trips because of the improving economy, says YouGovSiraj.
UAE signs $83 million power deals
By Kipp • Feb 6th, 2010 • Category: Middle East Business NewsThe two deals are expected to increase the power supply in the Northern Emirates.
Abu Dhabi Airport sees 7.3 percent rise in passengers in 2009
By Kipp • Jan 31st, 2010 • Category: Middle East Business NewsThe airport welcomed 9.7 million passengers in 2009.
Regional FM radio ad rates rose 11.6 percent in 2009
By Kipp • Jan 31st, 2010 • Category: Middle East Business NewsThe average advertising rates of local FM stations in the Arab region increased to $125 in 2009.
Oil prices reach 15-month high
By Kipp • Jan 11th, 2010 • Category: Middle East Business NewsCrude oil prices increased 1 percent on Monday…
