Oman has cash to spare
Budget surplus for first quarter of the year hits almost $2.4 billion on high oil prices.
June 14, 2010 3:59Kuwait fund: no plans to ditch BP
Reports that KIA will hold on to stake despite oil disaster in Gulf of Mexico.
June 6, 2010 3:29Cyclone kills two and halts oil and gas
UAE gets off lightly, while Oman sees two fatalities and halts oil and gas production.
June 5, 2010 10:12Kuwait oil official: Crude could fall to $60
Global economic instability could lead to price drop, OPEC representative tells daily paper.
May 30, 2010 3:05Gulf stocks plunge amid EU and Korea worries
Global markets selloff hits Gulf stocks as fears over Europe’s debt problems and growing tensions between North and South Korea take their toll.
May 25, 2010 4:01Oil falls below $70 amid Europe growth fears
Friday afternoon saw oil prices dip below $70 per barrel as Europe's financial crisis continued to plague the markets.
May 22, 2010 3:34
Middle East looks Far East
China’s energy dependency is predicted to skyrocket over the next two decades; the GCC is ideally placed to reap the benefits.
May 16, 2010 1:46US oil spill in Gulf of Mexico leaking 5,000 barrels a day
Officials are conducting a ‘controlled burn’ of the surface oil, fearing destruction of the vulnerable wetland areas along the coast.
April 29, 2010 8:25Oil price not delaying global recovery, says Kuwait
Kuwait's Oil Minister stressed that OPEC would intervene if oil prices top $100 per barrel.
April 27, 2010 9:14Rising oil prices support wary economic recovery in Gulf, report
Analysts: oil prices between $70-$80 a barrel offer “ample fiscal stimulus” for GCC economies
April 20, 2010 10:35OPEC consensus: keep output unchanged
No change expected at Wednesday's meeting in Vienna, says Kuwait's oil minister.
March 16, 2010 7:09
Solar state of mind
In a region with thousands of hours of sunshine a year, the solar energy industry is in its infancy. Can Saudi Arabia lead the way in harnessing a new source of energy?
February 11, 2010 10:36
Power in the GCC
Currently, the UAE accounts for 10.7 percent of the GCC’s entire energy consumption, followed by Saudi (7 percent) and other…
February 8, 2010 4:58
The Gulf’s known unknown
We all know the oil is running out. But the GCC is struggling to devise a collective approach to energy security for the future, reports Trends magazine.
February 7, 2010 5:12Dubai discovers new offshore oil field
Production capability of the field is "promising", says local Arabic newspaper.
February 4, 2010 10:12
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Dubai Labourers on 'rare' labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Tumblr officially off the market
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43