10 Middle East start-ups to watch in 2016 #start-up#innovation

 

For many, the Middle East hardly seems the locale for a burgeoning entrepreneurial scene. But over the last decade, the region has witnessed strong advances made by young minds to improve civil society across the region.

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Energy companies are finally starting to come back into favor.

After enduring the longest oil-price collapse in more than a decade, crashing profits and an investor exodus, Europe’s biggest producers are regaining fans as analysts bet earnings bottomed last quarter and will now start to recover.

Saudi Arabia cuts Oil Prices while OPEC’s Price War continues

Saudi Arabia on Sunday made deep reductions to the prices it charges for its oil, hard on the heels of cuts last month by rival producers in the Gulf.

Oil prices ease as demand outlook eclipses supply falls

Oil prices eased on Monday, paring some of last week’s 2 percent rally, despite evidence of slowing U.S. production and a fourth weekly increase in U.S. investor holdings of crude futures.