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  • Barclays Bank

    Barclays to leave UAE rate panel in 90 days

    Barclays, hit by the Libor scandal in Britain, will leave the rate-setting panel for interbank lending in the United Arab…

    July 18, 2012 11:08
  • Yemen reopens oil route

    Yemen’s Maarib oil pipeline resumes flows

    Yemen's Maarib oil pipeline resumed operations earlier this week, nine months after it was shut due to sabotage, after repairs were completed, the pipeline operator at SAFER said on Tuesday.

    July 17, 2012 5:13
  • investcorp

    Investcorp buys 30 percent in Turkish retailer Orka Group

    Investcorp, a Bahrain-based investment firm, said on Tuesday its private equity fund bought a 30 percent stake in Turkish menswear retailer, Orka Group, tapping into growth opportunities in the fast-growing country.

    July 17, 2012 5:13
 
 
  • U.S. Navy supply ship Rappahannock at sea in this handout photo taken in the South China Sea

    US fire kills one, injures others on boat off UAE

    At least one person was killed and others were believed injured on Monday when a security team aboard a U.S. Navy ship fired at an approaching motor boat off the United Arab Emirates, a U.S. official told Reuters, speaking on condition of anonymity.

    July 17, 2012 11:16
  • South Korea April Iran crude imports

    Oil higher on stimulus hopes, Iran tensions

    Hope for stimulus measures bolsters oil prices; U.S. Navy fires on fishing boat off UAE; Weak U.S. retail sales data limits U.S. crude rise

    July 17, 2012 11:14
  • HOSNI MUBARAK

    Egypt’s Mubarak sent back to prison from hospital

    Mubarak, sentenced to life in prison over the killing of protesters in the uprising that ended his rule, was shifted from the medical wing of Tora prison to a military hospital last month following reports of a deterioration in his health.

    July 17, 2012 11:08
 
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