Sunaina Rana / Emirates Business BMW Group is all set to expand their support to the contemporary art and culture in the Middle East with the launch of BMW Contemporary, an exclusive enterprise that would aims to strengthen intercultural dialogues and spark curiosity and imagination among the artists and the admirers. The new initiative, BMW Contemporary, will give a chance …

London / AFP Movers and shakers from the oil industry descended on London last week and expressed optimism over a sharp rebound in the beleaguered crude market later this year. Bob Dudley, chief executive of British energy major BP, forecast at the International Petroleum Week industry conference on Wednesday that “the daily (oil) supply and demand” will be balanced in …

London / WAM The global oil price will hopefully retain its normal average, reaching USD 50 to 60 per barrel by mid-2017, Kuwait Petroleum International (KPI) President, Bakheet Al-Rashidi said on Saturday. In an exclusive statement to KUNA on the sideline of the annual KPI’s international marketing London bureau celebration, Al-Rashidi said that the current status quo of the global …