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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
 
UAE-says-sanctions-hurting-trade-with-Iran

UAE says sanctions hurting trade with Iran

International financial sanctions against Iran are hurting its trade with the United Arab Emirates, the UAE's economy minister Sultan bin Saeed al-Mansouri said on Monday.

June 4, 2012 5:38
 
UAE-economy-minister-cuts-2012-GDP-growth-outlook

UAE economy minister cuts 2012 GDP growth outlook

The United Arab Emirates' economy minister cut his forecast for the country's gross domestic product growth this year, predicting expansion of around 3 percent, after a sharp fall in global oil prices over the last several weeks.

June 4, 2012 5:36
 
Dubais-DIFC-investment-gets-1.04-billion-loan-to-repay-Islamic-bond

Dubai’s DIFC investment gets $1.04 billion loan to repay Islamic bond

DIFC Investments signs $1.04 billion loan to fund sukuk repayment; Dual-tranched loan priced at 380 bps over LIBOR; Timely sukuk repayment helps rebuild Dubai's investor image

June 4, 2012 11:06
 
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