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UAE-business-activity-at-11-month-high-in-May

UAE business activity at 11-month high in May

Growth in business activity in the United Arab Emirates' non-oil private sector edged up to an 11-month high in May, a purchasing managers' survey showed on Tuesday.

June 5, 2012 11:45
 
Brent-crude-price-rise-kipp

Brent crude rebounds above $99 on dollar, G7 talks

G7 to hold emergency talks on euro debt crisis; Euro debt crisis remains a pressure point for market; Euro edges up further from last week's 2-year low

June 5, 2012 11:37
 
Egypt-bars-brokerages-from-trading-foreign-stocks

Egypt bars brokerages from trading foreign stocks

Egypt's markets watchdog has told local financial institutions they can no longer trade foreign securities, saying it exposes investors to risks that Egyptian authorities are unable to monitor.

June 5, 2012 11:25
 
OPEC-basket-price

UAE economy minister says oil around $100 okay

"As long as it hovers around $100, it is the right price," he told a news conference. "My expectation is it will hover between $80-$100 depending on the situation - it could be more than that," the UAE's economy minister Sultan bin Saeed al-Mansouri said on Monday.

June 4, 2012 5:41
 
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