Energy

Arabs face funding obstacles in power projects

MENA power investment put at over $125bn in five years
Mideast injects Dh661bn in energy projects

UAE carries out 20 projects worth Dh125.5bn
Saudi, Abu Dhabi OSPs awaited

Market watchers wait to gauge direction of trade for new month
Saudi nominates candidate to top Opec post

Majid Al-Moneef, Saudi governor at Opec, put forward
GCC warned over non-oil fiscal deficit

Members urged to copy UAE federal budget diversification experience
UAE to pump $76bn into energy projects

Country is second largest MENA energy investor after Saudi Arabia
S. Korean leader to go on ‘oil’ visit

Seoul seeks to diversify its oil sources away from Iran crude
GCC faces investment challenge in 2012

Global slowdown limit investment chances for GCC despite large fiscal surpluses
Qatar GDP growth to slide to 9.8% in 2012

Real GDP leaps by 19.9% in 2011 due to surge in oil prices and LNG output
Kuwait reaches deal with Total for China refinery: report

The project is expected to come on stream in 2014 or 2015
Adco to add 100,000bpd capacity

Company is pursuing $multi-billion projects to reach 1.8 mbpd
UAE to pump $98bn in oil sector

Investment forms nearly 28% of total GCC hydrocarbon projects
Lower oil output to slash Saudi growth

But kingdom is set to record another large fiscal surplus
UAE-Spain JV plans $5bn spend

JV to build solar power plants in Mideast, Spain, and US
UAE-China pact on oil projects

Adnoc signs strategic agreement with China's CNPC
Dana Gas gets advisers for sukuk

Says will soon update market on its $92m convertible offer
UAE commits to South Korea

Asian country seeking exemption from US sanctions on Iran
ExxonMobil sees continuing tie-up with Abu Dhabi

US energy giant ExxonMobil is confident of continuing to be a partner in Abu Dhabi's oil and gas concessions, a top
GCC poised for another good fiscal

GDP growth will slacken but will remain positive
Future energy opens in Abu Dhabi

650 companies from 53 countries are participating

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Emirates, Etihad flights to London’s Heathrow cancelled

BA flights to the UAE also hit
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260 dead; Ferry disaster averted; Rail and road traffic hit hard
Woman who slept with 1,000 men was man once

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Muslim scholars move to ban 'triple talaq'

Minimum age for brides will be made 18 and that for boys 21
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Sex addict admitted many men would be furious
Online job opportunities in UAE up 36%

Online job opportunities in the UAE saw a 36 per cent jump from December 2010, according to the latest Monster
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iPad 3 was scheduled for launch this month, however, developers saw a need for a more powerful processor
Youngster thrashes and tries to rape 95-year-old

A youngster who had been released early from a jail term for attempted rape and walked into a care home and murdered a