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  • Iran-oil-sanctions

    France, Britain and Germany call for more EU sanctions on Iran

    European Union heavyweights Britain, France and Germany called on Friday for new sanctions against Iran over its nuclear programme, as Israel continues to threaten military action.

    September 9, 2012 10:29
  • pearl qatar

    Qatar wants to be shell’s top shareholder

    Qatar wants to become the biggest shareholder in Royal Dutch Shell by raising its stake to 7 percent to strengthen its ties with the oil company and further invest its wealth in western assets, a report said on Friday.

    September 9, 2012 9:52
  • alahadbank-310x233

    Qatar’s Ahli Bank announces $123 million capital hike

    Ahli Bank, Qatar's seventh-largest listed lender by market value, plans to raise its capital by 20 percent through a rights issue starting later this month, the bank said in a statement on Tuesday.

    September 6, 2012 5:53
  • 200-dubai-islamic-bank

    PE firm buys 6.6 percent of Jordan Dubai Islamic bank

    Jordan-based private equity firm Foursan Group has acquired a 6.6 percent stake in Jordan Dubai Islamic Bank, making it the bank's second largest stakeholder, Foursan said on Thursday.

    September 6, 2012 5:42
  • 380-oil-uae

    UAE oil output at 2.7 million barrels per day in August

    The United Arab Emirates produced 2.7 million barrels per day (bpd) of oil in August, down around 100,000 bpd from the previous month, an industry source familiar with the matter told Reuters on Thursday.

    September 6, 2012 5:41
  • Khalaf Al Habtoor

    UAE’s Al Habtoor looks at potential IPO in Dubai

    United Arab Emirates conglomerate Al Habtoor Group is considering an initial public offering in Dubai given strengthening local equity markets, the company said in a statement on Wednesday.

    September 6, 2012 11:04