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  1. Sabic Profits Boost From Rising Oil Prices As Horizons Expand With Clariant Buy

    ...ofits to the company’s “successful implementation of its transformation program.” The 28.5% increase in crude prices (to $52.68/B for 2017 for Saudi Arab Light) is a more obvious explanation (see chart). Sabic’s net profit remains well down on the 2011 peak of SR29bn, when Arab Light crude oil av...

    Volume: 61
    Issue: 05
    Published at Fri, 02 Feb 2018

  2. Oman’s Energy Policy Review To Impact OOC

    ...vereign wealth fund Oman Investment Fund (OIF), which invests mainly in non-energy sectors, although it owns a stake in Dubai Mercantile Exchange (DME), which trades Omani crude futures contracts.   In 2011 after the ‘Arab Spring’, Sultan Qabus bin Sa’id ordered OOC to focus on domestic in...

    Volume: 56
    Issue: 05
    Published at Fri, 01 Feb 2013

  3. Oman Focuses On Boosting Employment

    ...rmits for foreign workers, and highlight those sectors which they think should be the focus of efforts to employ more Omani nationals.   Since the start of the Arab Spring, Oman has faced sporadic street protests demanding jobs and an end to corruption. In 2011 several unarmed rioters were shot de...

    Volume: 56
    Issue: 05
    Published at Fri, 01 Feb 2013