Saturday 28 February 2015

US shale oil's crash diet likely to bring forward output dip

Shale oil producers are throttling back so quickly on drilling that US crude output could fall sooner than expected, within months, executives say as they slash costs to cope with tumbling crude prices and compete with Arabian Gulf rivals. About a dozen chief executives who talke


No wheat imports for Syria this year: minister

The Syrian government does not expect to import wheat this year because domestic grain supplies will be boosted by heavy rainfall and wider control over farmland, a minister said. Hassan Safiyeh, the minister of internal trade and consumer protection, also told Reuters that a cre


UAE employees’ trust in top leaders ‘slipping’

A new study on corporate leadership has revealed that less than half (48 per cent) of employees surveyed in the UAE have trust and confidence in their senior leaders. Workers’ trust and confidence in corporate leaders has increased modestly over the past four years, but the


UAE voted most creative country in Mena

A new study on education and innovation said that 56 per cent of the respondents to a poll perceived the UAE as the creative country in the Mena region, followed by Qatar (15 per cent) and Saudi Arabia (11 per cent). Eighty-nine per cent of the respondents consider innovative thi

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