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  • Exxon looking to leave Iraq

    Exxon seeks to quit Iraq oil project

    Exxon is telling Baghdad that they are looking to leave, shopping around and looking at all the options

    October 20, 2012 7:53
  • HSBC branch in Dubai

    HSBC pulls back from Islamic banking

    Through its HSBC Amanah arm, headquartered in the UAE, HSBC was a pioneer in the industry and it operated the largest Islamic business of any Western bank.

    October 18, 2012 4:07
  • Air Berlin cutting costs

    Air Berlin steps up cost-cutting drive

    Germany's second-biggest airline after Lufthansa also said a German air travel tax and persistently high fuel prices created additional headwinds.

    October 18, 2012 4:00
  • Obama

    Dubai fueled by cheap Iranian oil – US pressure

    U.S. officials are encouraging Dubai to find another source of supply. ENOC was asked to stop importing but it is still going on...

    October 18, 2012 3:57
  • UAE-ADNOC-Emarat pump stations

    ADNOC to offer cleaner Diesel for 2013

    While ADNOC is only able to meet the summer specifications of diesel in Europe now, it aims to meet winter specifications by the middle of next year, a source close to the matter said.

    October 17, 2012 3:03
  • Gulf Arab nuclear plant

    Kaspersky plans software to secure nuclear plants

    Some 30,000 computers at state oil producer Saudi Aramco were infected in August, although there is no evidence that the virus got into its industrial control systems.

    October 17, 2012 9:48