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  • Saudi-Arabian-Airlines-Catering-company

    Saudi Airlines unit picks HSBC for planned IPO

    Ground services unit picks HSBC for IPO, Catering unit sold 30-pct of shares to public; IPOs part of planned privatisation of Saudi airline

    September 10, 2012 5:55
  • Iranian-bank

    Iran central bank under fire as rial hits new lows

    Iran's central bank has for weeks failed to provide U.S. dollars to traders to import essential goods, driving down the value of the country's currency against the dollar, a senior Iranian lawmaker said on Monday.

    September 10, 2012 5:52
  • IAEA, Iran to hold nuclear talks on June 8

    “Frustrated” IAEA wants immediate access to Iran site

    U.N. nuclear chief Amano calls for immediate Parchin access; Says lack of progress in Iran talks "frustrating"; West seeks to step up pressure on Iran at IAEA board meeting; Iran says nuclear allegations "baseless"

    September 10, 2012 5:47
  • South Korea April Iran crude imports

    Iran raises October Iranian heavy OSP to Asia

    Iran has raised its official selling prices (OSPs) for October-loading Iranian Heavy crude to Asia by 9 cents a barrel from September to Oman/Dubai minus 30 cents, an industry source with direct knowledge of the matter said on Monday.

    September 10, 2012 10:00
  • IMF says Saudi economy 'buoyant'

    Egypt sees IMF deal in 2 months, eyes World Bank aid

    Egypt's prime minister expects to conclude a $4.8 billion IMF loan deal within two months and is in talks for additional budget support worth about $1 billion from the World Bank and the African Development Bank (AfDB), he said on Sunday.

    September 9, 2012 5:26
  • 200-emirates-nbd-building

    Dubai’s Emirates NBD names ex-Barclays man group treasurer

    Emirates NBD, Dubai's largest lender by market capitalisation, has named Aazar Ali Khwaja as its group treasurer, the bank said in a statement on Sunday.

    September 9, 2012 5:23