investment

Venturing Out

Gulf joint ventures in North East Asia: Will past investments bear fruit? By Omar Alubaydli Competition to supply the energy-hungry countries of East Asia is definitely heating up. In a market that is traditionally dominated by the Gulf Cooperation Council (GCC) countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE— Russia has recently entered the

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Big Oil to Cut Investment Again in 2016

By Karolin Schaps and Ron Bousso LONDON, Jan 3  – With crude prices at 11-year lows, the world’s biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors. At around $37 a barrel, crude prices are well

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On Solid Ground

Kashmir promotes promising investment opportunities BY Arfa Shahid Dubai’s real estate developer, Emaar, is eyeing possible investment opportunities in India’s Kashmir region, a top Kashmir official told Newsweek Middle East. In an exclusive interview with the Finance Minister of Jammu and Kashmir (Jnk), Haseeb Drabu, the minister said he held “talks” with Emaar’s chief over

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Gulf’s Private-Sector Growth Slows As Price of Oil Falls

DUBAI, Nov 3 (Reuters)  The private sector in the two biggest Gulf Arab economies grew at the slowest pace in years in October, corporate surveys showed on Tuesday, indicating low oil prices are starting to slow business activity across the region. The seasonally adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index for last month dropped

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