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‘Accounting is the most popular job sector in the UAE’

DUBAI / Emirates Business dubizzle – the leading classifieds platform in the UAE – has released its 2015 jobs report, detailing key UAE job market trends including the top five industries searched for, the top five nationalities searching for each profession and a breakdown of the labour force by age. “We have found that accounting and secretarial generated to most ...

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Power sales gain reveals bright spots in crude bust

Bloomberg Utility earnings are belying the slowdown in the USA oil patch. Power suppliers are reporting increasing sales to oil and natural gas companies, even in the midst of an unprecedented drop in exploration. FirstEnergy Corp., Entergy Corp. and American Electric Power Co. Inc. have all said their revenue from energy customers such as pipeline operators and fuel manufacturers is ...

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Rosneft to invest more in Venezuela venture

Bloomberg Russia’s Rosneft OJSC agreed to pay $500 million to Petroleos de Venezuela SA to increase its stake in their Petromonagas crude-processing joint venture. The deal will increase Rosneft’s stake in the upgrader that converts heavy oil into synthetic crude to 40 percent, PDVSA, as the Venezuelan state-owned company is known, said in an e-mailed statement, confirming earlier comments by ...

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