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  • Kuwait labour minister

    Kuwait’s social and labour minister quits

    Kuwait's minister for social affairs and labour has resigned, local media reported on Tuesday, making him the second cabinet member to step down in the last several weeks under pressure from opposition lawmakers.

    June 12, 2012 5:43
  • Iranian-bank

    Iranian bank halts guarantees for India imports

    Iran's Bank Parsian has stopped issuing payment guarantees for Iranian importers who buy Indian goods, because its account that was set up to skirt Western sanctions does not have the necessary funds in rupees.

    June 12, 2012 5:43
  • Iran-copper-reserves.

    Iran finds more copper, reserves at 21 million tonnes

    Iran has discovered an additional 7 million tonnes of copper reserves, boosting its total by 50 percent, the semi-official Fars news agency said on Monday.

    June 12, 2012 11:13
 
  • United Nations

    UN confirms top us Middle East diplomat to take UN post

    The United Nations confirmed on Monday that Jeffrey Feltman, until recently the top U.S. diplomat for the Middle East, will soon take up a senior post at the United Nations.

    June 12, 2012 11:11
  • WORLD-BANK

    World Bank seeks investors for MENA fund

    IFC to set up $500 million fund; Invested $3 billion in MENA region since Arab Spring; Targets $2.4 billion investment over next year

    June 12, 2012 11:09
  • kUWAIT-GLOBAL

    Banks approve debt payment delay for Kuwait’s Global

    Kuwait's Global Investment House said on Monday that creditor banks had approved a delay in repayment of principal and interest to November from June, days after bondholders also agreed to extend scheduled payments to later in the year.

    June 12, 2012 11:07
 
 
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