Dubai on track in deal with UK monorail firm

Dubai on track in deal with UK monorail firm

LONDON: Dubai has enlisted the help of a UK company in a bid to modernize the emirate's transport system by building a monorail.. Dubai, Abu Dhabi and Saudi Arabia have all become bywords for radical technological advancement in recent years.. Global refiners to deepen oil output cuts as demand slumps /node/1647976/business-economy. Refining system grapples with 'unprecedented shock' in wake of coronavirus lockdowns and travel curbs. SINGAPORE: Oil refiners from Texas to Thailand are bracing for deeper output cuts, bruised by an unprecedented demand shock as more countries lock down and restrict travel to contain the spread of the coronavirus.. South Korea run rates fell to 82.8 percent in February, lowest for the month since 2014, and more cuts will come as gasoline and diesel demand are expected to fall 30 percent on year in March, sources and data from the Korea National Oil Corp. show.. Japan too is mulling more cuts after run rates fell nearly 7 percent for the first 12 weeks in 2020, data from the Petroleum Association of Japan show.. In India, refiners are facing a tough cash flow situation, an official at one of the state refiners said.. China, the world's No. 2 refining center,