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.
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.
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
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.
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.
Dollar inflows help currency surge 15% this year; foreign investors absent from two debt auctions in a week
Evidence is mounting that Tokyo’s housing boom is nearing an end.
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.
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.