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Saudi to confiscate unused plots for housingSaudi Arabia's housing minister said urban land left undeveloped could be confiscated to build much-needed homes, local media reported on Saturday. The world's top oil exporter and biggest Arab economy is pushing to reform More… |
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Saudi King orders import of 10m tonnes of cementSaudi Arabia's King Abdullah has ordered the import of 10 million tonnes of cement to end a shortage in the country, the Saudi Press Agency reported on Tuesday. King Abdullah wants three to More… |
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Oil industry hit by skills shortage, says surveyWarnings that oil industry safety standards are being jeopardised by a shortage of experienced staff are supported by a report released today (March 11). "The Global Oil & Gas Workforce Survey: Expectations for hires and pay ra More… |
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Meat off the menu in Bahrain restaurantsMeat is off the menu at some restaurants and households around Bahrain as a result of a severe shortage in the market. The country's carnivores are being denied some of their favourite dishes - with no fresh meat at Muharraq C More… |
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Egypt issues second tender to import oilEgypt issues second tender to import oil in Q4 Egypt's state oil firm EGPC has issued a tender to import up to 4.5 million barrels of crude oil in the fourth quarter, a document showed on Monday, as the oil importer seeks to s More… |
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Consumers plot emergency oil releaseSaudi Arabian Oil Minister Ali al-Naimi mounted his most direct rhetorical attack against high oil prices on Wednesday, but showed no sign of moving to increase supplies even as France joined the United States and Britain in talks for a release of More… |
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Saudi can meet any oil shortages: Al-NaimiSaudi Arabia can meet any future world oil shortages thanks to massive investment, and its rising gas output will mean crude exports will not be affected by booming domestic energy demand, Oil Minister Ali Al-Naimi said. Growing tension be More… |
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Gulf banks facing ‘skills shortage’The shortage of skills is the biggest challenge facing the GCC banking industry besides new regulation - especially as more global banks enter the market, said a survey by Accenture, a global management consulting and technology services company. More… |
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Mine site automation 'answer to skill shortage'The lack of skilled mining professionals is likely to force leading mining companies embrace mine automation to help solve their labour shortages and ramp up output. The mining sector is currently experiencing improved market conditions, More… |
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Emarat stations face gasoline shortage in UAEUAE fuel retailer Emarat has experienced fuel shortages at some petrol stations over the past week after a cargo failed to discharge at port, a company official said on Wednesday. "This (problem) will be resolved in 2 to 3 days," said the More… |
