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Libya could pump 500,000-600,000 bpd in 2-3 weeks –Tarhouni; Full volumes could return in about a year; All pre-war contracts to be respected; First top rebel authority figure in Tripoli headquarters
August 27, 2011 3:28Maersk stops deal involving Syrian fuel; Shell still planning to lift crude cargo; Markets not worried about Syrian oil loss
August 27, 2011 3:25Crude oil future prices inch lower; Concerns over hurricane in the U.S. loom
August 27, 2011 3:22
Abu Dhabi is shaking up top management at its state-linked corporations as it tightens its grip on the strings controlling its vast wealth and holds those in charge more accountable.
August 27, 2011 3:12
Turkey is taking a lead role in efforts to rebuild Libya now the Libyan leader is on the run, eyeing billion dollar deals and hoping to extend its influence in north Africa.
August 27, 2011 3:09
This generation of youth sees worsening GCC unemployment rates and Precious de Leon thinks it may just have to get really bad before it gets better for all parties involved.
August 25, 2011 3:38
With the announcement of Dh4.8 billion sukuk and the promise of a gazillion units across Dubai, things are finally looking up for Nakheel.
August 25, 2011 3:37Libya: Can it become an oil superpower?; A trillion pageviews for Facebook; Can Tim Cook keep Apple afloat in Steve Jobs' absence?; Spread of earthquake-related tweets
August 25, 2011 3:26
Abu Dhabi state-owned fund Aabar has teamed up with South Korea's STX Corp to bid for the world's No.2 memory chipmaker Hynix Semiconductor , a source close to the matter said on Wednesday.
August 24, 2011 3:55EU prepares oil embargo against Syria; European sanctions gather momentum amid Syrian crackdown; Commercial interests in Syria weigh
August 24, 2011 3:52
First sukuk tranche worth $1.03 bln to be issued Thursday; Bank creditors to get 4 pct plus Libor; repayment after 5 yrs; Nakheel says not sold any assets as part of restructuring; Islamic bond to be backed by assets; trade on Nasdaq Dubai
August 24, 2011 3:47
Saudi Aramco and France's Total have picked three banks to arrange an Islamic bond, or sukuk, to finance their joint venture in the kingdom, according to a statement on Tuesday.
August 24, 2011 3:42
Following the court decision to rule in favor of Benihana Kuwait, Alex McNabb says he is amazedby how utterly, unbelievably stupid Benihana Kuwait is being in pursuing this tawdry case - and how idiotic Benihana of Tokyo is being by allowing these morons to drag its name through the mud like this.
August 24, 2011 3:25
Social payment, food subsidiaries, and poverty aide are at the centre of Jordan's cabinet approved multi-million supplementary budget.
August 24, 2011 3:09
Spending planned at around $231 billion– official; Says wants to keep deficit at $2.2 billion in 2012
August 24, 2011 2:56
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
