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OPEC provides above oil market needs

OPEC pumps 1.62 million bpd above target in April Global demand growth in 2012 rises to 900,000 bpd OPEC is currently producing enough oil to keep...

Financial Crisis Amongst Top 10 Global Risks for 2018

In the wake of the 2008 financial crisis, we asked ourselves one question over and over again: why didn’t we see it coming? It rocked...

Hot Spots 2025: Dubai Moves Up to 23rd Place

A new Economist Intelligence Unit research report, "Hot Spots 2025: Benchmarking the Future Competitiveness of Cities," commissioned by Citi, projects that São Paulo,...

Christmas Traditions Around the World

It’s Christmas time and all people who are celebrating prepare different traditional meals and drinks. While turkey and ham may be commonly served in...

Green Moon wins 2012 Emirates Melbourne Cup

A world-class field of equine athletes, a show of royalty, celebrity guests, and opulent trackside hospitality combined to deliver a thrilling day of horse...

US$6.8 million Snow White Princess Diamond Watch showcased at DJWE

Diamond-studded wristwatch makes global debut at the Doha Jewellery and Watch Exhibition Former Miss Universe, Natalie Glebova, adorned with Mouawad Haute Joaillerie masterpieces, made special...

Shorter Workweek Plea Continue – Pros and Cons

About two months ago, billionaire and world’s second wealthiest person Carlos Slim, shared his view that governments should reduce the workweek from five to...

Saudi eXtra IPO opens for subscription on December 5, 2011

IPO to open to all Saudi nationals following completion of book-building process

GCC Economic Development and Outlook 2013

GCC nominal GDP reached about US$ 1.56 trillion in 2012, up from US$ 1.44 trillion in 2011; UAE economy to grow by 3.2% in...

“Donald Trump, I believe, loves this country”

CNN’s Christiane Amanpour spoke to Bryan Cranston, ahead of his upcoming portrayal of President Lyndon B. Johnson, in which he weighed in on this...

Introducing BRI and its Impact on the Power Industry

In early May, Chinese leader Xi Jinping welcomed a total of 28 heads of state to Beijing to celebrate the so-called 'belt and road'...

World’s Top Ten Most Competitive Economies

The Global Competitiveness Report 2013-14, published in the beginning of September by the World Economic Forum, assesses the competitiveness of 148 economies based on...

Weakening Outlook for Global Economy Amid Fears Over China

Global investors have shifted their attention from Greece to China amid continued concern of a Chinese recession, according to the BofA Merrill Lynch Fund...

Facebook IPO live, traded at $42.05 up over 10%

Facebook IPO started trading in New York with approximately 25 minutes delay today Opening Facebook trade was expected at US $42, with 65 million shares...

OPEC Oil Production climbs to 31.27 million barrels per day in...

Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...

Global Internet ad spend outpaces other media

With consumer confidence up and brands looking to reconnect, spending on advertising is on the rise—around the globe and across media types. TV, newspapers,...

Global Inflation Likely to Remain Subdued

A swinging global inflation pendulum? Weighting inflation risks There is speculation that, at core, markets are reacting to shifting inflation risks. Stabilizing commodity prices, firming DM...

World Day for Decent Work: Pay People a Decent Wage

This year marks the 10th World Day for Decent Work on October 7. A day when working people and their unions, backed by community...