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  • Sharjah’s Crescent Petroleum fill the gaps

    Sharjah’s Crescent Petroleum fill the gaps

    United Arab Emirates-based Crescent Petroleum is gearing up for expansion in the Iraqi oil and gas sector and a debut into Libya and Lebanon, its…

    November 13, 2012 8:33
  • Egypt getting ready for IMF deal this week

    Egypt getting ready for IMF deal this week

    The Egyptian government expects to sign a memorandum of understanding with the International Monetary Fund for a $4.8 billion loan before an IMF negotiating team leaves Cairo on Wednesday, Finance Minister Mumtaz al-Said said.

    November 12, 2012 6:33
  • Orascom Telecom says to upgrade Pakistan mobile network

    Orascom Telecom says to upgrade Pakistan mobile network

    It signed a five-year agreement with China's Huawei Technologies Co Ltd and France's Alcatel-Lucent to design, purchase, deploy and maintain the next-generation mobile network equipment and supporting services.

    November 11, 2012 2:07
 
  • Arab Spring economies recover slowly in 2013

    Arab Spring economies recover slowly in 2013

    The IMF forecast gross domestic product in the six countries combined would expand by 3.6 percent next year, accelerating from an estimated 2.0 percent this year and 1.2 percent in 2011.

    November 11, 2012 9:58
  • Former Iraqi central bank chief denies corruption

    Former Iraqi central bank chief denies corruption

    Local authorities have issued arrest warrants for Shibibi, who has left the country, and other bank officials, a decision that has heightened investor concerns Prime Minister Nuri al-Maliki's government is interfering with the bank's autonomy.

    November 11, 2012 8:42
  • Egyptian trains collide and kill three

    Egyptian trains collide and kill three

    Egyptians have long complained that successive governments have failed to enforce basic safety standards on the country's railways, leading to a string of deadly accidents.

    November 11, 2012 8:39
 
  • Mobinil hopes for profit in 2013

    Mobinil hopes for profit in 2013

    Egypt's financial regulator earlier this year approved a tender offer by France Telecom that would cement its control over Mobinil.

    November 9, 2012 9:54
  • Iran drafts law to cut oil exports

    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
  • Obama victory opens negotiation window with Iran

    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
 
  • Exxon wants to quit

    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
 
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