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The Elusive Costs And Benefits Of Saudization
...essure on the government to devise a more potent employment strategy. A broader and more rigorous quota program came into effect in late 2011. Nitaqat (bands), as it is labeled, requires private companies to meet strict Saudization ratios, differentiated by the size and sector of the enterprise. Co...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
Libya And Iraq: The Weakest Links In World Oil Markets
...oblems date back to October 2011, when Qadhafi was finally ousted and attempts to repair the country ravaged by dictatorship began. The revolution was not won by a single group with cohesive aims, but a collection of diverse militias. From the outset, there was a high degree of tension between se...
Volume: 56Issue: 36Published at Fri, 06 Sep 2013 -
From Glass Box To Smoke-Filled Room: How Rumaila Contract Was Renegotiated
...e Problems? Whatever their view of the bid rounds, Iraqi oil experts were almost unanimous in criticizing the production levels the contracts set – both for their impact on the oil price and for being unrealistic given the state of Iraqi infrastructure. During the course of 2011, the Ministry of...
Volume: 54Issue: 36Published at Mon, 05 Sep 2011 -
GCC Countries Can Draw Lessons From China’s Exchange Rate Experience
...rprising for the WTI price to pass $100/B in 2011. This reminds us of 2008 when the price reached $147/B in July and inflation in some GCC countries touched 14% and real estate bubbles sizzled. The GCC currencies that are pegged to the dollar became undervalued and revaluation became a necessity to combat im...
Volume: 53Issue: 36Published at Mon, 06 Sep 2010 -
The Georgia-Russia Standoff And The Future Of Caspian And Central Asian Energy Supplies
...rst successful new oil export project. The 3,000km Atyrau-Alashankou oil pipeline is scheduled to be completed in several stages by 2011 and is projected to bring around 200,000 b/d of Caspian oil to China (20mn tons/year annually, with the potential to reach 50mn t/y). 5. For a thorough as...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008