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NOCs, IOCs partnership to continue, says al-Sada

NOCs, IOCs partnership to continue, says al-Sada

At the International Petroleum Week hosted in London by the Energy Institute, HE Dr Mohamed bin Saleh al-Sada, Minister of Energy & Industry, Qatar, gave a Bloomberg-

Oil after Opec expected to remain in $55-$60 range: QNB

Oil after Opec expected to remain in $55-$60 range: QNB

As Opec cuts have expedited the clearing of the global oil market, the key determinant of oil prices is shifting to US shale oil breakevens, which are expected to remain in the $55-60 range, QNB has said in an economic commentary.

Mena to face ‘massive demographic challenge’ over the next decade: BMI

Mena to face ‘massive demographic challenge’ over the next decade: BMI

Governments across the Middle East and North Africa will face a “massive demographic challenge” as a large, rapidly growing young population enters the workforce over the coming decade and beyond, BMI Research has said in a report.

Al Seeliya Tower at West Bay project awarded to Gettco

Al Seeliya Tower at West Bay project awarded to Gettco

Sheikh Turki bin Faisal al-Thani, chairman of Al Sawari Holding Company yesterday said that he awarded to Gettco Construction, a subsidiary of Al Sawari Holding, ‘Al Seeliya Tower’, a multi-million construction project consisting of a residential hotel /serviced apartments tower in the heart of Wes

Wind power costs plunge in Asia’s contract auction

Wind power costs plunge in Asia’s contract auction

The cost of power generated from wind turbines plunged in Asia’s first auction for contracts to deploy the technology, a victory for India’s effort to reduce pollution and ensure supplies.

China summons reformer to tackle banking worries

China summons reformer to tackle banking worries

Guo Shuqing, who is stepping down as governor of Shandong province to take control of China’s banking regulator, returns to Beijing at a decisive moment for the country’s financial system following years of breakneck economic growth.

Egypt burdened by own success as foreigners get tired of pound rally

Egypt burdened by own success as foreigners get tired of pound rally

Dollar inflows help currency surge 15% this year; foreign investors absent from two debt auctions in a week

Housing boom fades in Tokyo with glut as Chinese sales slow

Housing boom fades in Tokyo with glut as Chinese sales slow

Evidence is mounting that Tokyo’s housing boom is nearing an end.

Calmer Asian currencies spell return of global yield hunters

Calmer Asian currencies spell return of global yield hunters

Falling Asian currencies volatility is attracting investors to the region’s bonds as they seek stable returns while waiting for political risk events in the US and Europe to unfold.

Big batteries coming of age prompt leading bankers to place their bets

Big batteries coming of age prompt leading bankers to place their bets

The idea that giant batteries may someday revolutionise electrical grids has long enthralled clean-power advocates and environmentalists. Now it’s attracting bankers with the money to make it happen.

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