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  • Business is booming in Iraqi Kurdistan

    Dana gets $48 million payment for Iraq

    Dana Gas has received $48 million in overdue payments for fuel supplied in Kurdistan, the United Arab Emirates based company said…

    December 4, 2012 11:22
  • EgyptAir will resume flights to Syria

    Flights to Syria will continue

    EgyptAir will resume flights to Damascus and Aleppo airports on Monday after a three-day halt due to a deterioration in the security situation, the head…

    December 3, 2012 8:25
  • 09 iran sanctions

    US Senate works on new package of sanctions

    New sanctions aimed at reducing global trade with Iran in the energy, shipping and metals sectors may soon be considered…

    November 28, 2012 2:11
  • Egypt - Market place in Cairo

    Mursi very optimistic about crisis

    President Mohamed Mursi is “very optimistic” that Egyptians will overcome the country’s political crisis, his spokesman said on Monday, referring…

    November 27, 2012 8:55
  • Bank of America

    Senior bankers leave BofA’s MidEast ops

    The head of Bank of America Merrill Lynch’s Middle East and North Africa unit has left following an overhaul of the U.S. lender’s regional…

    November 27, 2012 8:48
  • Turkish airlines looking at financing options

    Turkish Airlines looking at aircraft financing

    Turkish Airlines confirmed on Monday it is looking at several options to finance buying additional aircraft, including leasing arrangements and…

    November 26, 2012 4:09
  • Oil field in the ocean

    Iran wants more oil storage in Gulf

    Iran will build millions of barrels of oil storage facilities in the Gulf over the next few months in response…

    November 26, 2012 12:04
  • UAEs-Etihad-buys-4-percent-stake-in-Virgin-Australia

    SpiceJet in stake talks with Etihad & AirAsia

    "This deal is not just about investment but also technology and partnership in many other ways," said the source, who declined to be identified.

    November 26, 2012 10:37
  • Citigroup office in London

    Dinesh Sharma appointed at Citigroup Inc

    Citigroup Inc has appointed Dinesh Sharma as its consumer banking head for the Middle East and North Africa, the U.S. bank said in a statement…

    November 25, 2012 3:55

    Bank Of Khartoum’s Gulf owners bet on Sudan growth

    Gulf Arab investors have become more upbeat since Sudan agreed in September to end hostilities with South Sudan, which became independent last year. Sudan will resume within the next few months handling oil exports from its neighbour.

    November 21, 2012 10:06