Monday 6 July 2015
 
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oil sector

CFO role ‘critical to survival in oil sector’

With oil prices slowly recovering from the dramatic fall last summer, chief financial officers (CFOs) working in the sector can galvanise the finance function in the fight to future-proof their business, a report said. ACCA (the A

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CFO role ‘critical to survival in oil sector’

With oil prices slowly recovering from the dramatic fall last summer, chief financial officers (CFOs) working in the sector can galvanise the finance function in the fight to future-proof their business, a report said. ACCA (the A

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Saudi hiring focus shifts to software, telecom

The number of online job listings in Saudi Arabia for software, hardware and telecom specialists increased by 58 per cent in May compared to the same month last year, while hiring in the oil and gas sector continues to decrease, said an industry

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Sonatrach, GE to manufacture tools for oil sector

Algeria -based Sonatrach and GE have signed a Memorandum of Understanding to launch a joint venture to manufacture equipment used in the oil and gas industry, a report said. The company aims to produce drilling and production equi

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Saudi Q2 GDP growth down to 3.8pc on oil slowdown

Saudi Arabia's economic growth eased to an annual 3.8 per cent in the second quarter of 2014, the lowest rate in a year, because of a slowdown in the oil sector, official data showed on Wednesday. But the first-quarter growth

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Libya's oil recovery may be short-lived

A comeback by Libya's oil industry may be short-lived as a confrontation between armed groups risks splitting the country three years after the fall of Muammar Gaddafi. Oil production has risen to 650,000 barrels per day (bpd)

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Oil sector drives Bahrain’s growth to 4.2pc

Bahrain's gross domestic product (GDP) grew by 4.2 per cent in the in the first quarter of this year, bolstered by the return of Abu Sa'afa oilfield to full capacity after unscheduled maintenance last year, a report said.

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Bahrain's economy 'to grow 4.5pc this year'

Bahrain's economy is set to grow by 4.5 per cent this year and over 5 per cent next year, according to a leading private bank's top economist. The main driver of GDP growth in the kingdom will be the oil sector, Standard C

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Indian investors 'can gain from GCC oil sector'

Indian investors can benefit from the GCC oil industry, said experts at a major seminar organised by the Bahrain Chamber of Commerce and Industry's (BCCI) Bahrain Asian Traders Committee (BATC) yesterday. Businessmen at the &#

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DMS plans 'extravaganza' on Nov 12

  The third edition of the DMS Extravaganza, a high profile networking event for the global oil and gas industry, will be held in Abu Dhabi in November.   This year's DMS Extravaganza show will

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