Sunday 27 May 2018

Adnoc capex to hit $100bn in four years

The Abu Dhabi National Oil Company (Adnoc) will spend more than $100 billion in the next four years on increasing its oil production capacity and building other oil and gas facilities, a senior official said. The company is on tra


Saudi Arabia 'faces oil, fiscal challenges'

The sharp rise in Saudi Arabia’s domestic oil consumption and the increasing government spending pose huge challenges for the kingdom’s economy, says a report. There is widespread understanding that with oil prices around $100 per barrel,


UAE spending seen in line with plan

The United Arab Emirates will keep to its 2010 federal spending target of 43.6 billion dirhams ($11.9 billion) and will end the year with a balanced budget as planned, a senior finance ministry official said. The world's third-largest oil

 1 2 3 4 5 >  Last ›

calendarCalendar of Events