Gulf Keystone back to Iraqi oil
Kurdistan says its right to grant contracts to foreign companies is enshrined in the Iraqi constitution.
November 4, 2012 9:01-
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Qantas focused on paying debt
Qantas, which is in the midst of a five-year turnaround plan for its loss-making international division, has been stripping out costs after a year troubled by a record fuel bill.
November 4, 2012 8:59 -
Vettel down but not after qualifying blow
Vettel has led every lap of the last three races and would have been chasing a fifth win in succession under the floodlights of the glittering Yas Marina circuit.
November 4, 2012 8:56
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At least 22 killed in Riyadh fuel truck blast
The blast, which struck at around 7.20 a.m. local time, was on one of the capital's busiest roads but because Saudi Arabia is still observing the Eid al-Adha holiday, traffic was lighter than normal.
November 1, 2012 4:55 -
Riyadh industrial building hit by explosion
An industrial building in eastern Riyadh was almost entirely destroyed by a large explosion on Thursday, a Reuters witness said. The building…
November 1, 2012 10:05 -
Federal budget heavy on social spending – UAE
HH Sheikh Mohammed Al Maktoum, ruler of Dubai, tweeted that he chaired a meeting where the federal budget for 2013 was approved.
October 31, 2012 10:15
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Etihad orders two Airbus planes
"As our operations and network continue to grow in scale, we feel the A330-200 is the right fleet type to expand with," chief executive James Hogan said in a statement.
October 31, 2012 10:11 -
Chilled water business helps Tabreed
Revenue for the quarter rose 5 percent to 326.4 million dirhams from 309.8 million dirhams in the prior-year period.
October 31, 2012 10:07 -
First UAE company to not pay sukuk
Saudi and Kuwaiti companies have defaulted on Islamic bonds in the past, leading to complex debt negotiations which have dragged on for years.
October 31, 2012 10:00
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Why unrest in Kuwait could affect its rating
Prolonged political stalemate could also undermine Kuwait's rating through its impact on the economy. The public sector is a key engine of the Kuwaiti economy (80% of Kuwaiti nationals work in the public sector) and the development of the private sector is limited.
October 30, 2012 9:33 -
UN-Arab League Envoy Regrets Syria Truce Not Fully Successful
U.N.-Arab League peace envoy Lakhdar Brahimi expressed regret on Monday that a U.N.-brokered truce had not been more successful in…
October 30, 2012 9:29 -
UAE scolds EU over Human Rights resolution
The European resolution was not backed up by any threat of action against the UAE, but international criticism of the U.S. ally in the Gulf has caused friction in the past.
October 27, 2012 9:31
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New Abu Dhabi debt policy to cut risks
The document introduces centralised mechanisms to manage debt and restraints on borrowing by quasi-sovereign bodies.
October 24, 2012 5:38 -
Etisalat wants to be ready for M&A – Interview
Etisalat operates in 15 countries across the Middle East, Africa and Asia after a multi-billion dollar splurge buying foreign licences and stakes over the past decade.
October 24, 2012 5:26 -
Obama ‘attacks’ Romney in Foreign Policy debate
With one last chance for the candidates to appeal to millions of voters watching on television, Obama was the aggressor from the start.
October 23, 2012 8:59
