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  • Turkey's Ceyhan export terminal

    Fire shuts Iraqi crude oil pipeline to turkey

    A fire on a pipeline carrying about a quarter of Iraq's oil exports forced the closure of the link on Monday and halted loading at Turkey's Ceyhan export terminal, security and shipping sources said on Monday.

    August 27, 2012 5:11
  • Oil

    Oil Adds 1 Pct On Euro Zone Hopes, Tight Supply

    M. East tensions, North Sea supply crunch support prices; U.S. crude inventories rose 100,000 bbls last week

    August 22, 2012 5:44
  • Iran-oil-sanctions

    Iran Looks To Armenia To Skirt Bank Sanctions

    Iran increasingly isolated, feeling sting of sanctions; Diplomats: Iran interested in expanding banking in Armenia; UAE, Turkey still key for Iran banks, but less welcome; Armenia denies illicit banking links to Iran

    August 22, 2012 5:42
 
 
  • Bahrain jails activist for 3 years over protests

    Bahrain jails activist for 3 years over protests

    Prominent Bahraini opposition activist Nabeel Rajab was sentenced to three years in prison on Thursday for taking part in unlicensed anti-government protests, his lawyer said.

    August 16, 2012 3:58
  • UAE banks and top lenders

    UAE banks told to extend loan maturities for citizens

    The United Arab Emirates' central bank has told lenders to extend maturities on certain personal loans held by UAE citizens by more than four years, the latest initiative aimed at reducing their debt burdens.

    August 16, 2012 3:57
  • Abdel Hamid Shoman

    Arab bank chairman quits, in dispute with CEO

    The chairman of Jordan-based Arab Bank, Abdel Hamid Shoman, resigned on Thursday after a dispute with key shareholders and the bank's CEO, several sources inside the bank said.

    August 16, 2012 3:56
 
  • Qatar-telecom-gains-control-of-Iraqi-Asiacell-for-1.5-billion

    Qatar Telecom offers $2.2 billion for Wataniya stake

    Qtel offers to pay $2.2 bln for 47.5 pct stake; Kuwait sovereign fund owns 23.5 pct stake in Wataniya; Offer price of 2.6 dinars at 18 pct premium; Kuwait sovereign fund yet to decide on share sale -source

    August 16, 2012 3:55
 
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