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Opec oil exports to fall in 4 weeks to July 7Seaborne oil exports from Organization of the Petroleum Exporting Countries (Opec), excluding Angola and Ecuador, will fall by 20,000 barrels per day (bpd) in the four weeks to July 7, said an analyst. Exports will reach 23.92 million bpd More… |
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Dubai Cares donates $1m to combat de-wormingDubai Cares, a UAE-based philanthropic organisation, will donate Dh3.67 million ($1 million) for a school-based de-worming programme that will treat children under the age of 14 in Angola. Dubai Cares has partnered with The END Fund, the w More… |
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Opec oil output hits 23-month low in AprilOpec output fell to a 23-month low in April as extra oil from Saudi Arabia and Nigeria did not make up for supplies lost due to fighting in Libya and oilfield maintenance in Angola, a Reuters survey has found. Supply from all 12 members of More… |
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Depa wins $60m Angola fitout contractDubai-based Depa Limited, one of the leading interior contracting companies, said it has clinched a Dh220 million ($60 million) interior fit-out and furniture, fixtures and equipment (FF&E) contract for a five star hotel and casino in Ang More… |
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ExxonMobil donates $3.5m to Angola programsExxon Mobil Corporation, through its affiliate, Esso Exploration Angola (Esso Angola), has announced $3.5 million in grants for public health and education programs in Angola. The ten grants, provided by the ExxonMobil Foundation, are aime More… |
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Opec predicts rising oil demand, weak marketsOpec slightly raised its forecast for world oil demand growth in 2010 ahead of the group's policy-setting meeting in Angola next week, but in a report on Tuesday said market fundamentals could be weak for the next two quarters. The Organis More… |
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Most oil ministers see no Opec output changeOil ministers from Arab producers are comfortable with current crude prices and several see no need for Opec to change its output targets when it meets in Angola this month. Oil has rallied to above $76 a barrel, around the level leading e More… |
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IMF recommends $1.3bn Angolan loanThe International Monetary Fund is recommending a 27-month $1.3 billion loan programme for Angola, a senior IMF official said on Saturday. 'We are recommending $1.3 billion as the amount under that stand-by agreement,' IMF Director More… |
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Depa wins first deal in sub-Saharan AfricaDubai-based interiors contractor Depa has won a Dh9.2 million ($2.51 million) contract in Angola, as it seeks to diversify its revenues and weather a downturn in its home market. The contract to fit out guest rooms at a conference centre h More… |
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Dubai, Angola to boost diamond trade tiesDubai Multi Commodities Centre (DMCC) said it has begun exploring opportunities to strengthen ties with Angola in the area of diamond trade. Dubai's delegation comprising Ahmed Bin Sulayem, executive chairman of DMCC, Peter Meeus, chairman More… |
