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Nokia charging back with full force
Saudi government websites targeted
The government of the United Arab Emirates will further discuss its plan to introduce a law allowing public debt issues at the federal level, and it feels no pressure to issue bonds despite a budget deficit, Obaid Humaid al-Tayer, Minister of State for Financial Affairs, said on Tuesday.
June 19, 2012 5:26
Indian state-run refiner makes its first rupee payment for Iran oil; Payment, equivalent to $482.19 mln, in settlement of last year's imports; Other Indian refiners expected to follow suit this week or the next
June 19, 2012 5:25
Iran plans to increase its oil products storage capacity by 1.1 billion litres (6.9 million barrels) by next March, oil ministry news service Shana said on Tuesday.
June 19, 2012 5:23
Higher taxes and mounting competition are also posing challenges for the African country's three major telecoms players as they battle to tap the potential of a relatively underpenetrated market.
June 19, 2012 5:20
iCARE clinics aim to revive personalised healthcare concept in UAE
June 19, 2012 3:22
Talks "intense and tough" at first of 2-day talks-EU; Six powers, Iran set out positions in 5-hour meeting; Israel threatens air strikes, new sanctions loom.
June 19, 2012 10:53
Saudi Arabia's King Abdullah has appointed his defence minister, Prince Salman, as heir apparent, opting for stability and a continuation of cautious reforms at a time of challenges for the world's biggest oil exporter.
June 19, 2012 10:30
Fitch has cut HSBC Bank Middle East's viability rating (VR) one notch because of asset quality concerns, while keeping its long-term default rating at 'AA-', one notch below the main HSBC group.
June 19, 2012 10:18
Iraq has picked British oil services firm Petrofac for a $95 million contract to carry out maintenance work for its new offshore terminals and sub-sea pipelines at the Gulf, an Iraqi oil official said on Monday.
June 18, 2012 6:12
The catering unit of Saudi Arabian Airlines is seeking to raise 1.3 billion riyals ($350 million) by floating 30 percent of its shares, the prospectus showed as the initial public offer opened to retail investors on Monday.
June 18, 2012 6:08
Saudi prince Salman appointed crown prince
June 18, 2012 6:07
Heir to Saudi throne died on Saturday; Successor likely to be another son of Abdulaziz bin Saud
June 18, 2012 12:30
Tamweel has picked banks to arrange investor meetings in Asia, Europe and the Middle East ahead of a possible dollar-denominated Islamic bond, or sukuk, arrangers said on Monday.
June 18, 2012 12:00
Saudi crude exports fell to 7.583 million barrels a day (bpd) in April, down by 121,000 bpd from March, despite production rising to 10.102 million, according to the latest official data published by the Joint Data Initiative (JODI).
June 18, 2012 11:45
State-owned China National Petroleum Corp said the first phase of Iraq's Halfaya oilfield had started operating and had a production capacity of 100,000 barrels per day.
June 18, 2012 11:25
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
