Thursday 18 September 2014
 
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North America

UAE mulls importing North American gas

The UAE said it was looking at the possibility of importing natural gas from North America, in what would be one of the most striking developments since the start of the US shale boom. The US and Canada are producing record amount

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US shale boom has ‘minimal impact on GCC’

The effects on oil and gas producers in the GCC of surging shale oil and gas production in North America are minimal at present, said a Credit FAQ report by Standard & Poor's Ratings Services. The report titled "What

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Russia, US invest billions to feed Asian energy demand

Fast-growing oil and gas producers Russia and North America are spending billions of dollars on pipelines and port facilities to supply energy to Asia, intent on grabbing a bigger share of the world's fastest growing fuel market from Middl

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Emissions row dims airline business mood

Global airlines are gathering for an industry summit boosted by weaker fuel prices, but facing a tough debate over how to share the cost of tackling emissions involved in a trade row. The International Air Transport Association, w

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450,000 millionaires in Mideast

The number of millionaires rose 2.7 percent to 450,000 in the Middle East, while weakening economies that roiled markets last year took their toll on the world's rich. Asia for the first time had more millionaires than North America, accor

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Feedstock developments 'boon for GCC firms'

Petrochemicals feedstock developments across the globe namely shale gas boom in the US, gas shortage in the Middle East and Coal-to-Olefins developments in China will provide new opportunities to GCC players, according to a report. Followi

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Adnec eyes North American market

Abu Dhabi National Exhibitions Company (Adnec) has signed up US marketing firm, Marketing Challenges International (MCIntl) as its exclusive sales agent in the US and Canada. As per the agreement, MCIntl will promote the Abu Dhabi National

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EMD inks Egypt railway locomotive deal

Egypt-based Aman Trading and Engineering (AT&E), said it has signed an agreement with Electro-Motive Diesel (EMD), a North American company, to provide products and service support to the Egyptian National Railways (ENR). Headquartered

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Nokia Siemens buys Motorola ops for $1.2bn

Nokia Siemens Networks will buy Motorola's telecom network equipment business for $1.2 billion, getting a stronghold in the North American market and taking No 2 position in the cut-throat mobile gear market. Nokia Siemens Networks -- a 50

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North America 'next big Islamic Finance market'

With many global markets showing first signs of emerging from the worst of the crisis, North America could be set to witness a surge in Islamic finance activity and may become its next growth market, according to a new report. 'Is

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