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Seif El Hakim to focus on real estate, business set up

  DUBAI / Gulf Time After having firmly entrenched itself in the Egyptian, Russian and Turkish markets Seif El Hakim Group of companies is set to foray into the cosmopolitan city of Dubai which is synonymous with the posh shopping malls, penthouses and real estate activity as the city which is fast returning to normal. The real estate industry has ...

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War turns Argentina’s shale boom dream into gas-buying nightmare

  Bloomberg Argentina, home to some of the world’s vastest gas reserves, is bracing for the unthinkable: rationing one of its chief natural resources. Despite having shale-gas deposits to rival those in Appalachia, which made the US a major exporter, Argentina’s domestic gas production sector has suffered from years of underinvestment that has left it unable to meet domestic demand, ...

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India asks power firms to import coal on electricity demand

  Bloomberg India asked power manufacturers to keep importing coal to meet increasing demand for electricity even as prices of the fossil fuel surged. The power companies need to resolve issues related to rising prices and stick to the power-purchase agreement, the Ministry of Power said in a statement. “Not maintaining adequate fuel stocks or not giving availability on any ...

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