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  • Lotos oil

    Poland’s Lotos takes first Saudi oil shipment

    Polish refiner Lotos has received a shipment of crude oil from Saudi Aramco , the possible first step in a long-term relationship between the two state-controlled firms, Lotos said on Tuesday

    July 3, 2012 5:21
  • Asia-Crude-Chinaoil

    Freight dispute risks delay in Iran oil to China

    Sinopec, NITC unable to agree on freight costs; No vessels booked for 12 mln bbls of deliveries; China depends on Iran's NITC tankers amid sanctions

    July 3, 2012 5:19
  • 200-oil-uae

    UAE looking to open oil sector to more partners

    The United Arab Emirates (UAE) may allow more foreign partners, especially Asian energy companies, to take stakes in more marginal fields, the chief executive of Abu Dhabi Marine Operating Company (ADMA-OPCO) said on Tuesday.

    July 3, 2012 5:18
 
 
  • dubai-campaign

    Dubai’s GGICO signs debt restructuring deal

    GGICO signs debt restructuring with 25 lenders; Debt extended for 7 years, no amount given; Co has investments in manufacturing, industrials and retail

    July 3, 2012 11:40
  • Saudi-Arabias-may-inflation-eases-to-5.1-percent

    Saudi Arabia approves mortgage law

    Expected to fuel real estate boom in kingdom, banks to benefit; Housing one of key social issues in Saudi Arabia

    July 3, 2012 10:49
  • Egypt's EFG defends executives against graft charges

    EFG Hermes suitor’s takeover approach stalls

    An attempt by a group of Egyptian and Arab Gulf investors to buy the Middle East's biggest home-grown investment bank EFG Hermes has stalled after the consortium failed to secure enough EFG shares to challenge management.

    July 2, 2012 3:47
 
  • Tunisian recovery-IMF

    New Egypt government to approach IMF soon

    Egypt will approach the International Monetary Fund (IMF) and other financial institutions to help get its economy back on track once new President Mohamed Mursi appoints a government, one of his financial advisers told Reuters.

    July 2, 2012 3:45
 
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