Wednesday 25 May 2016
 
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costs

UAE oil and gas sector needs to commit to long-term thinking: DNV GL

More senior oil and gas professionals in the UAE felt their organisation had been successful in achieving its cost-efficiency targets over the past year than the global average (83 per cent versus 74 per cent globally), according to a new repo

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Fresh fish costs may surge 20pc in Bahrain

Price of fresh fish could increase by up to 20 per cent in the next two months in Bahrain due to a hike in fuel prices. The Professional Fishermen’s Society said an increase in the cost of Jayyid petrol and diesel used to power fishing v

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Companies urged not to compromise on safety

Companies must not compromise critical industry assets in their endeavour to reduce costs, said experts at the Adipec Offshore and Marine conference.   Experts also emphasised during Adipec’s inaugural Offs

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Oman oil minister looking at ways to cut costs due to low prices

Oman's oil minister said the country was looking at ways to cut costs due to low oil prices but would not cut projects.   "We are cutting costs but we are not cutting projects," Mohammad bin Hamad A

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Adnoc says aims to cut operating costs by 25pc

Abu Dhabi National Oil Company (Adnoc) is looking to take advantage of market conditions and bring down the operating cost of its projects by 25 per cent, a top executive said.   "From Adnoc's point of v

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How to evaluate the costs of studying abroad

The author is a Reuters contributor. The opinions expressed are his own. Studying abroad may be an alluring idea in college. But the cost makes it a reality for only about 300,000, or 1 per cent, of students each year, ac

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Beset by hardship, Iranians losing hope for future

As prices of food, water and electricity rise further beyond reach, struggling Iranians are losing belief in their pragmatic president, Hassan Rouhani, and his promise of a brighter future. The country has been hit by the double h

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Dana Gas Q3 profit up 36pc as costs fall

Abu Dhabi-listed Dana Gas reported a 36 per cent rise in third-quarter net profit as increased production and lower costs offset falling oil prices.   The Sharjah-based company, which has operations i

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Dubai housing costs soar to record peaks

An economic rebound has catapulted house prices and rents in Dubai to Manhattan-like peaks, forcing increasing numbers of residents to move to its cheaper outskirts or even to consider returning home abroad, said the city's top property webs

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Construction projects worth $212bn under way in UAE

The volume of announced and planned projects in the UAE in 2014 is expected to be worth $315 billion, and as of May 2014, $212 billion worth of construction projects were under construction, a new report said. The UAE’s cons

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