CNNMoneyCrazily volatile oil spikes 12% in biggest gain since 2009CNNMoneyExperts attributed the oil price spike to deeply oversold conditions and a desire by investors to cash in when prices eventually move higher. "There is this overpowering urge to …

Wall Street JournalPersian Gulf Producers Delay Oil ProjectsWall Street JournalPersian Gulf oil producers are delaying oil projects and squeezing contractors for hundreds of millions of dollars in savings, as the pain from low crude prices spreads to state …

CNNMoneySaudi Arabia to run out of cash in less than 5 yearsCNNMoneyLow oil prices will wipe out an estimated $360 billion from the region this year alone, the IMF said. Huge budget surpluses are quickly swinging to massive deficits as oil prices have cras …

ArabianBusiness.comEmirates Engineering: maintaining the airline's growing fleetArabianBusiness.comWhen Emirates Airline opened its engineering centre at Dubai International Airport, it had been built with a certain fleet size in mind: a size that only …

3DPrint.comBAE Systems Partners with Mubadala to Offer Engineering Internship Program for ...3DPrint.comEach year the program will select five full-time undergraduate engineering students to attend the 18-week program held at the BAE Military Air & Inf …

CNNMoneyOPEC won't flinch from oil market fightCNNMoneySaudi Arabia's veteran oil minister Ali al-Naimi led the charge at the OPEC meeting back in November to keep pumping in the face of falling prices. That decision accelerated the price collapse, …

ArabianBusiness.comMIDEAST MONEY-With oil low, wealthy Abu Dhabi tightens belt a notchReutersEmirate faces no crippling financial pressure. * Oil at $55 would cut assets by only $8 bln -NBAD. * But mood of prudence taking hold among money men. * New high-p …

Gazette HeraldMiddle East funds negative on Saudi after oil slides: Reuters surveyReuters UKOil prices, which are a major driver of economic performance in the region, are headed for a monthly loss after rebounding in April, and their longer-term outlook r …

Trade ArabiaMIDEAST STOCKS-Gulf markets dip, tracking oil; Egypt extends gainsReutersDUBAI, May 24 (Reuters) - Most Gulf stock markets slipped on Sunday after oil prices fell, while Egyptian equities extended gains following the delay of an unpopular capit …

ReutersOil holds as Mideast turmoil offsets ample supply outlookReutersIran's Deputy Oil Minister Rokneddin Javadi told Reuters that OPEC was unlikely to cut output in June, and that Iran hoped its crude exports would return to pre-sanctions levels of …