OPEC rivalries bring difficult struggle
"It is not going to be easy," said an OPEC source, referring to whether the panel will be able to recommend a candidate. "For a secretary general to be appointed, all 12 have to agree."
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"It is not going to be easy," said an OPEC source, referring to whether the panel will be able to recommend a candidate. "For a secretary general to be appointed, all 12 have to agree."
October 22, 2012 3:26The transaction is expected to close later this week, DP World said in a statement to Nasdaq Dubai.
October 22, 2012 10:40Exxon is telling Baghdad that they are looking to leave, shopping around and looking at all the options
October 20, 2012 7:53Through 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 4:07Germany's second-biggest airline after Lufthansa also said a German air travel tax and persistently high fuel prices created additional headwinds.
October 18, 2012 4:00U.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 3:57While 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 3:03Some 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 9:48Etihad has been on an aggressive expansion drive and has taken minority stakes in Aer Lingus, Air Berlin and Virgin Australia.
October 16, 2012 1:56China is Iran's largest crude oil customer and, along with Russia, has resisted putting sanctions on Tehran.
October 16, 2012 1:52Etisalat, the Gulf’s No.2 telecommunications operator, will not completely sell out of any of its foreign markets, the company’s chief…
October 14, 2012 3:31One of the club's directors said on Thursday Berlusconi remained committed to his soccer team, playing down speculation that he was ready to sell up.
October 13, 2012 8:49While welcomed by European leaders, the award will have little practical effect on the debt crisis afflicting the single currency zone.
October 13, 2012 8:47The Australian airline has decided to pair up with Emirates Airline to recover from international losses after a 17 year relationship with British Airways ended
October 9, 2012 8:45Kingdom, which has minority stakes in some of the world's top companies including Citigroup Inc, had initially planned a bond issue, but decided to go for the loan instead.
October 7, 2012 3:18