Iran drafts law to cut oil exports
The U.S. government has focused on blocking Iran's oil exports because it estimates that crude sales provide about half of Iranian government revenues.
November 8, 2012 9:47-
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Bahrain’s Batelco sues Indian ex-partner
S Tel was one of eight Indian mobile operators ordered to be stripped of licences in February as part of a corruption probe.
November 8, 2012 9:04 -
Obama victory opens negotiation window with Iran
Last month the White House said the option of bilateral talks with Iran, with whom Washington has not had diplomatic relations for three decades, was under consideration.
November 8, 2012 8:54
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Dubai sovereign bonds are attractive
Bonds issued by unrated Dubai, still recovering from a crippling debt crisis in 2009, have rallied strongly this year.
November 7, 2012 5:46 -
Exxon wants to quit
Exxon's decision to quit the $50 billion project will exacerbate tensions between Baghdad and the autonomous Iraqi Kurdistan.
November 7, 2012 3:13 -
Top Abu Dhabi developers in advanced stage talks
Aldar took provisions for impairments and write-offs of 932 million dirhams, compared with 2.5 million a year ago.
November 7, 2012 3:09
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Egypt hopes Obama will work
A few months into first term as president, Obama delivered a speech at Cairo University in June 2009 calling for a "new beginning" between the United States and the world's Muslims.
November 7, 2012 12:23 -
Qatar Petroleum shifts GIS stake to state pension
The Gulf Arab state's General Retirement and Pension Authority will increase its holding to 21.4 percent from 1.4 percent.
November 6, 2012 4:59 -
UK & UAE plan defence partnership
Britain has historic ties with the UAE and other Gulf Arab states, many of them former British protectorates and regional allies.
November 6, 2012 3:55
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Cameron seeks arms deals with Arab world
British Prime Minister David Cameron sought to balance concern over human rights in Gulf Arab states with winning lucrative arms…
November 6, 2012 9:04 -
Saudi’s Almarai will issue private Sukuk
Almarai has been keen to expand its footprint outside its core presence in the Gulf region.
November 6, 2012 9:01 -
Bahrain’s Investcorp to buy Georg Jensen
Investcorp, which previously took public luxury brands Gucci and Tiffany & Co, is buying Georg Jensen from private equity firm Axcel Capital Partners.
November 6, 2012 8:57
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UK Prime Minister visits Gulf with high sales agenda
Cameron's office said Saudi Arabia has also signalled that they are interested in placing a second "substantial" order of Typhoon jets, on top of the 72 jets they have already acquired.
November 5, 2012 9:28 -
Thai Airways boss seeks partnerships
Thai Airways is another piece of the merger puzzle, joining other carriers that are looking for alliances to counter fuel prices.
November 4, 2012 9:21 -
Dubai Financial Market loss narrowed
The publicly owned company, which runs securities trading in Dubai, said its third-quarter revenue grew to 36.8 million dirhams.
November 4, 2012 9:04
