The U.S. military has said it is planning to send more than 400 troops to train Syrian moderates outside the country.
For the whole of 2015, the IEA raised its estimate of the demand for OPEC crude by 300,000 bpd to 29.2 million bpd.
The global aviation sector’s growth trajectory remains intact despite headwinds.
OPEC forecast demand for the group’s oil will drop to 28.78 million barrels per day (bpd) in 2015.
The revised bid values Arab Dairy at 363 million Egyptian pounds ($50.5 million) against $49.68 million for the latest Pioneer offer.
Solar projects having capacity to produce up to 1,800 megawatts of power are to be awarded over the next 12 months in the region.
Charlie Hebdo’s “survivor’s edition” swiftly sold out its multi-million copy print run in France.
Oil prices have collapsed about 60 per cent in the last six months.
India tops the list with 21 holidays; UAE ranks lower with 11 public breaks in a year.
The Korean firm is looking to gain access to BlackBerry’s valuable patent portfolio.
Abu Dhabi Investment Authority is pursuing a second arbitration over its $7.5 billion investment in Citigroup in late 2007.
Last September, Dana said it had signed a deal with Egypt that would help it recover most of the money it was owed.
Oil tumbled five per cent on Tuesday, with global benchmark Brent briefly trading at par to U.S. prices for the first time in three months.
Oil slid in early Asian trade on Wednesday after touching its lowest in nearly six years in the previous session.
They discussed global oil markets and cooperation on energy and environmental issues, climate change and solar energy use.
The minister did not specify how the new laws would work, but said details would be released soon.
Iranian president said that oil producers such as Saudi Arabia and Kuwait will suffer more than Iran from the falling oil prices.
The entry brings the total number of founder nations intending to join the $50-billion bank to 26, officials said.
Up to 45 per cent of IDH could be listed, the company said.
The company was hit by an accounting scandal in Poland and Germany in 2013.
The move is part of a wider Middle East expansion plan to open 55 new branches this year.
UAE Oil Minister Suhail bin Mohammed al-Mazroui said on Tuesday that OPEC’s decision in November not to cut output had been right.
rent crude oil dropped into the $46 area in Asian hours on Tuesday, near a six-year low.
Under the deal, both companies will implement a development plan to create a portfolio of power assets in Africa worth over $500 million.
Both Brent and U.S. crude are at their weakest since April 2009 and have fallen for seven straight weeks.
Songbird Estates said the 350 pence per share cash offer did not reflect the value of its property of growth potential.
The facility will now be operational for Etihad’s early morning flights, EY103 to New York JFK and EY183 to San Francisco.
Analysts at Goldman Sachs lowered their three-month price forecast for Brent to $42 a barrel from $80.
Several regional companies published positive fourth-quarter earnings.
Venezuela’s international reserves have deteriorated sharply due to the tumbling oil prices which hit new lows last week below $50 per barrel.