UAE halted Crude Exports Due to Bad Weather
The UAE has temporarily halted crude exports from its Jebel Dhanna terminal due to a sandstorm that continued to cover major parts of the emirates with blanket of dust. For full story, click here
Articles Tagged "uae"
Boost in UAE’s fiscal surplus by 55 percent
An increase in its oil export income and other revenues boosted the UAE’s fiscal surplus by astonishing 55 per cent in 2008 but the balance is expected to fell sharply this year. Saudi American Bank, Adia, stated: Despite this, we are still projecting a surplus both on the current account balance and consolidated fiscal accounts [...]
Don’t stop investing in oil sector says UAE minister
According to Mohammed Bin Dhaen Al Hamili, UAE Minister for Energy, oil and gas producers in the Middle East should continue to invest in the industry despite the fall in oil prices across the world. Mohammed Bin Dhaen Al Hamili, UAE Minister for Energy, said: As you know, recent events in global financial markets have [...]
