|
Free Zones Of UAE
- Abu Dhabi Airport Free Zone (ADAFZ)
- Abu Dhabi Ports Company (ADPC)
- Khalifa Industrial Zone Abu Dhabi (Kizad)
- Masdar City
- twofour54
- ZonesCorp
- Dubai Airport Freezone (DAFZ)
- Dubai Auto Zone (DAZ)
- Dubai Biotechnology & Research Park (DuBiotech)
- Dubai Cars & Automotive Zone (DUCAMZ)
- Dubai Flower Centre (DFC)
- Dubai Gold and Diamond Park (DGDP)
- Dubai Healthcare City (DHCC)
- Dubai International Academic City (DIAC)
- Dubai International Financial Centre (DIFC)
- Dubai Internet City (DIC)
- Dubai Knowledge Village (DKV)
- Dubai Logistics City (DLC)
- Dubai Maritime City (DMC)
- Dubai Media City (DMC)
- Dubai Multi Commodity Centre (DMCC)
- Dubai Outsource Zone (DOZ)
- Dubai Silicon Oasis (DSO)
- Dubai Studio City (DSC)
- ENPARK
- International Media Production Zone (IMPZ)
- Intl. Humanitarian City (IHC)
- Jebel Ali Free Zone (JAFZA)
- TechnoPark (TP)
- Hamriyah Free Zone (HFZ)
- Sharjah Airport International Free Zone (SAIF-Zone)
- RAK Free Trade Zone Authority (RAKFTZ)
- RAK Investment Authority (RAKIA)
- RAK Maritime City (RAKMC)
- Fujairah Free Zone (FFZ)
- Ahmed Bin Rashid FZ (ABRFZ)
- Ajman Free Zone (AFZ)
|
|
UAE Freezones Biz News Updates
|
|
UAE says backs output freeze to support oil markets
Some ministers and officials have expressed hope that a deal would emerge
this week
Operations Inside MOL Hungarian Oil & Gas Plc Refinery
The United Arab Emirates said on Monday it would back a global freeze in oil
output to bolster prices, while some OPEC delegates predicted a meeting of
producing countries in Algeria this week could still yield a deal to
restrain supply.
Oil prices have more than halved from 2014 levels due to a glut, prompting
OPEC producers and non-OPEC Russia to seek a market rebalancing that would
boost revenues from oil exports and help their crippled budgets.
The predominant idea since early 2016 among producers has been to agree to
limit output, although market watchers have said such a move would fail to
reduce oversupply.
Sources told Reuters last week that Saudi Arabia had offered to reduce its
output if Iran agreed to freeze production, a shift in Riyadh’s position as
the kingdom had previously refused to discuss output cuts.
However, oil markets fell on Friday as hopes for a comprehensive deal in
Algeria faded, with sources saying the informal meeting was meant only to
build consensus ahead of formal OPEC talks in Vienna at the end of November.
Crude prices recovered on Monday in volatile trade.
As delegations gathered in Algiers, some ministers and officials expressed
hope that a deal would emerge this week.
“If all members of OPEC are in agreement around a decision, I think there is
a high likelihood of getting the support of the others, especially Russia,”
UAE Energy Minister Suhail bin Mohammed al-Mazroui told Reuters.
“For us in the UAE, we are for a decision. We think a freeze will help if it
is agreed. We hope that all are going to agree.”
A non-Gulf delegate said: “We hope there will be a production freeze. We
expect there will be a pre-agreement”.
The focus was on trying to persuade Iran to freeze production at levels
acceptable for the rest of the Organisation of the Petroleum Exporting
Countries, another delegate said.
Iran’s production has been stagnant at around 3.6 million barrels per day
(bpd) in the past three months, close to what the country produced before
the imposition of European sanctions in 2012.
The sanctions were eased in January 2016, and Iran has said it wants to
achieve output of more than 4 million bpd.
Iranian agency SHANA quoted the country’s oil minister, Bijan Zanganeh, as
saying the meeting in Algiers was only “advisory” and expectations should be
modest.
Members of OPEC will meet on the sidelines of the International Energy
Forum, which groups producers and consumers, from Sept. 26-28. Russia is
also attending.
Sept 27, 2016
|
|
Courtesy Gulf Business.
|
|
+UAE Freezones
|
Emirates Of UAE
- Abu Dhabi
- Dubai
- Sharjah
- Ajman
- Umm Al Quwain
- Ras Al Khaimah
- Fujairah
Business
- Search
- Trade centers in UAE
- Business in UAE
- How to Start a Business
- Incorporation Services
- Offshore Company
- Company Formation in the UAE
- No tax! - go for UAE free zones
UAE Offshore
- Jebel Ali Offshore
- RAK Offshore
|
Offshore Services |
|
Consultants For UAE Free Zones |
Utilities |
Keep in touch |
|
|
|
|
|
|
©. All rights reserved. | Terms and conditions | Privacy | Best view 1366 X 768 |