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  • Iran-oil-sanctions

    Iran’s oil sanctions are just beginning to hurt

    Oil revenue in the Islamic Republic may have fallen by nearly one third, or $35 billion, on the back of a slowdown in exports and declining prices. With U.S. sanctions set to tighten and China's apparent readiness to go along, Tehran's budget could be thrown deep into the red, says Una Galani

    June 13, 2012 5:47
  • tallest building in the world

    It isn’t lonely at the top

    China, Saudi Arabia and Azerbaijan are all vying to out-build each other in the race to erect the tallest building in the world. What’s pushing these countries to the brink of the stratosphere?

    June 13, 2012 5:46
  • cheaper-oil-more-consumption

    OPEC can’t afford to give residents cheap oil

    Bargain price oil is a standard perk for residents of crude-exporting nations. But the practice is expensive for members of the Organization of the Petroleum Exporting Countries, which meets in Vienna this week. It's well past time for a change, says Christopher Swann

    June 13, 2012 5:42
  • dubai dress code

    Dubai’s dress-code drama

    A cultural clash between conservatives and the not so conservative is a tight rope legislators in the UAE have to learn to master.

    June 12, 2012 5:22
  • Gold-in-the-banks

    Do Asian central banks hold enough gold?

    Most of these nations hold a low proportion of gold in their reserves, while they are among the countries with the highest personal gold use, at least when compared with local GDP

    June 12, 2012 3:44
  • opec iraq

    Painful adjustments never come easily: How Iraq is upsetting the OPEC power balance

    Iraq is set to overtake Iran as OPEC's second biggest producer. Already, Iraqi oil is helping to fill the supply gap created by tightening Western sanctions on Iran. The cartel's hawks are unhappy about those extra barrels; prices have fallen one fifth from their March peak.

    June 11, 2012 5:45
  • nasdaq dubai

    TAKING STOCK: Time for a unification?

    With the delisting of Damas from Nasdaq Dubai, Eva Fernandes wonders whether the time has come for a unification of the UAE’s three stock exchanges…

    June 10, 2012 5:59
  • opec saudi viena

    OPEC is ill-placed to stop oil price slidea

    OPEC will be seeking harmony in Vienna next week. It won't be easy. Some of the oil cartel's worst infighting in its 50-year history looms says Christopher Swann.

    June 9, 2012 10:18
  • Oil

    Booming US oil is rare advert for big capitalism

    National champions, with their huge reserves, may yet regain the upper hand. For now, however, private sector oil explorers are setting the pace, providing a timely advertisement for the benefits of big capitalism says Christopher Swann

    June 7, 2012 3:58
  • Naguib Sawiris

    Qatar play for EFG Hermes stokes backlash in Egypt

    The Gulf emirate's play for key assets of the region's preeminent investment bank has prompted a rival consortium, notably backed by billionaire Naguib Sawiris, to declare an interest in buying it outright. The Qatari deal was approved last week by shareholders, but in the current volatile situation anything can happen.

    June 6, 2012 7:12