Green Car Congress
JUNE 18, 2015
Etihad Airways, together with Boeing, Total, Takreer and the Masdar Institute of Science and Technology, launched a joint industry roadmap for the sustainable production of aviation biofuels in the United Arab Emirates (UAE). Approval for some of the processes is expected in 2015. Earlier post , earlier post.).
Green Car Congress
MAY 31, 2016
JAC released the S3 II in September 2015. The S3 is currently being adapted for different markets globally, and is already being sold in places such as Egypt, the UAE and Chile, among others. Current average sales are 15,000 units a month. This new model maintains the original S3’s stylish interior, while making 19 improvements.
Green Car Congress
SEPTEMBER 2, 2015
Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. percent of the 2015 budget and 85.89
Green Car Congress
AUGUST 25, 2015
CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. The UAE includes data for three SWF funds only: Abu Dhabi Investment Authority ($773 billion), Abu Dhabi Investment Council ($110 billion), and Investment Corporation of Dubai ($183 billion)).
Green Car Congress
APRIL 10, 2015
The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015. The Saudis, along with Kuwait and UAE have been defending the decision of not reducing the OPEC production levels in order to retain their global market share.
Green Car Congress
OCTOBER 6, 2015
According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 in 2015 and 2016 respectively). in 2015 and 2016 respectively). percent of GDP in 2014.
Green Car Congress
AUGUST 13, 2015
In December 2014, the Saudi government approved spending $229 billion in 2015, resulting in an estimated deficit of $39 billion, or some 5 percent of GDP. As mid-year 2015 approached, the IMF estimated the budget deficit would equal approximately 20 percent of Saudi GDP. percent in 2015, and then just 2.7 percent in 2014 to 3.3
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