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  • 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
  • Sultan Qaboos

    Oman court sentences six for “slandering” ruler

    An Omani court has sentenced six people to jail terms of 12 to 18 months over social media posts it called "slander" against the country's ruler, a defence lawyer said on Tuesday.

    July 17, 2012 5:13
  • UAE arrest

    UAE arrests three more Islamists after plot report

    Three Emirati Islamists including a prominent lawyer were arrested in theUAE on Tuesday as part of a widening clampdown on Islamist dissidents, relatives and activists said.

    July 17, 2012 5:12
  • Yemen seeks 60,000 tonnes of gasoil for July on high demand

    Yemen seeks 60,000 tonnes of gasoil for July on high demand

    Yemen is seeking 60,000 tonnes of gasoil for July, after having bought about 600,000 tonnes for July and August in earlier tenders, as fuel shortages persist in the country, traders said on Tuesday.

    July 17, 2012 5:11
  • 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

    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
  • zain-telecom-saudi

    Zain, banks face struggling Saudi rights issue

    Zain Saudi's $1.6 billion rights issue, which closes on Tuesday, has so far sold only 54 percent of shares available, the lead manager said on Monday.

    July 17, 2012 10:45