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  • Valentino's Chief Executive Stefano Sassi

    Valentino in exclusive talks with Qatar

    London-based private equity fund Permira is in exclusive talks with the Qatari royal family over the sale of Italian fashion house Valentino and a decision is expected by the end of the month, four sources close to the talks said on Monday.

    July 10, 2012 11:16
  • BP-resuming-operations-in-Libya-NOC

    BP not ruled out of Abu Dhabi concessions

    BP Plc has not been ruled out of tendering for Abu Dhabi's upcoming renewal of oil and gas concessions, contrary to one media report, industry sources close to the situation said on Monday.

    July 10, 2012 11:06
  • Sultan Qaboos

    Oman sentences writer, poet, for defaming sultan

    Oman, a Western-allied, small oil exporter that flanks a major crude shipping route out of the Gulf, has detained more than 30 people in the past few weeks over protests that erupted after strikes at petroleum plants over pay and pension issues.

    July 10, 2012 11:02
  • Qatari Diar

    Qatari Diar to develop three mixed-use projects in Oman

    The company plans to finance and construct a mixed-use property at Ras Al Hadd in Oman's Sur district, including a five-star hotel and spa, residential villas, apartments, souks, a marina and villa plots, Diar said in a statement on Monday, without citing the projects' value.

    July 10, 2012 11:01