"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
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
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
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