Main headlines from this issue

UAE: Duel in the sun as passions boil over

/* Style Definitions */ table.MsoNormalTable {mso-style-name:\Table Normal\"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:\"\"; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:\"Times New Roman\"\"serif\";}

The Tawazun Economic Council has robustly rejected criticisms raised by several prime contractors about the quality of its work. The Council has instead hit back at contractors “who are here to just sell and leave.”

Oman’s new offset policy introduces input and output credits

Revisions to Oman’s ‘Partnership for Development’ offset policy have been approved and await a Royal Decree before details are released. Oman will appoint a PFD Board of Governors under the Ministry of Commerce and Industry and create a dedicated offset organisation.

India looks to private sector to support DOMW – agency to expand

An Additional Secretary will be appointed as its head with a Joint Secretary and six full-time director-level officers under him.....

CSIS finds India’s new offset rules lacking in vision, calls for a National Commission on Offsets

Amidst all the back patting a member of one organization has looked at India’s new offset rules considered the wider picture — and found them wanting.

Opposition promises to scrap Venezuela’s oil barters

The opposition candidate in Venezuela's upcoming presidential election said he will scrap all deals that subsidize oil exports to other countries in the region or under which oil is bartered for other goods or services.