Sharjah / WAM Consumer protection complaints occupied the maximum share with 837 among the total 1,056 complaints resolved by the Sharjah Economic Development Department (SEDD), during the first quarter (Q1), of the current year. Sultan Abdullah bin Hadda Al Suwaidi, Chairman of SEDD, said that the Department took all the necessary action to deal with consumer complaints. It has even …

Bloomberg Reports of deep-sea drilling’s demise in a world of sub-$100 oil may have been greatly exaggerated, much to OPEC’s dismay. Pumping crude from seabeds thousands of feet below water is turning cheaper as producers streamline operations and prioritize drilling in core wells, according to Wood Mackenzie Ltd. That means oil at $50 a barrel could sustain some of these …

SINGAPORE / Reuters India’s diesel demand is expected to rise to record levels again this year as a slew of infrastructure projects boosts use of the transport and industrial fuel, although a government-induced cash shortage will hold growth to its slowest in three years. Increased fuel efficiency, a fall in commercial vehicle sales, and the use of other fuels for …