Baghdad oil talks do little to ease firms’ concerns
Oil firms fear political deadlock could slow decisions.
July 22, 2010 11:49-
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Mideast, Suez naphtha stocks to move West
Egyptian cargoes lifting from Suez usually target Asian customers.
July 22, 2010 11:37 -
Lebanon’s Bank Audi posts 21 pct rise in profit
Loans to customers grew by 1 billion dollars.
July 22, 2010 9:32
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Algeria allows farmland leases for first time
Minister says law will help modernize farm sector.
July 22, 2010 9:31 -
Turkish cement sector faces energy cost hit
Coal, petrocoke prices up 100 pct in last year.
July 22, 2010 9:29 -
Egypt-Saudi power grid link to cost $1.5 bln
The project aims to exchange 3,000 megawatts of electricity between the two countries.
July 21, 2010 3:12
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Kuwaiti firm calls foul-play on contract going to Dubai competitor
Co claims ANHAM did not meet minimum bidding requirements.
July 21, 2010 1:08 -
Egypt’s Suez Cement H1 profit $134 million
The firm reported a 4.8 percent increase in net sales to 3.4 billion Egyptian pounds.
July 21, 2010 11:15 -
Algeria may tighten rules on foreigners’ asset sales
Draft law says experts, not market, to set sale price.
July 21, 2010 11:11
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Jordan’s tax revenues at $2 bln a economy struggles
Jordan suffers from its worst economic downturn in a decade.
July 21, 2010 9:16 -
UAE cbank dismisses Iran idea of dirham oil trade
UAE-Iran relations under growing strain.
July 20, 2010 3:15 -
Iraq wants to alter signature bonus for Rumaila
Soft loans need parliamentary approval, official says.
July 20, 2010 1:29
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Egypt’s Eastern FY profit up 2.6 pct to $150 mln
New sales tax in force from July 1.
July 20, 2010 1:26 -
Kuwait gives initial nod for oil border post- Iraq
Special border post just for oil companies.
July 20, 2010 10:26 -
Emirates plots $5 billion Boeing deal
Announcement expected at Farnborough Air Show.
July 18, 2010 3:17
