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Oman to subsidise food staples to offset inflation

Oman's government has approved plans to subsidise food staples to offset inflation, a government official at the Gulf sultanate's trade ministry said on Tuesday.

December 14, 2011 10:59
 

Saudi’s Almarai plans to raise capital by 73.9 percent

Saudi Arabia's Almarai Co, the Gulf's biggest dairy firm by market value, plans to increase its capital by 73.9 percent to 4 billion riyals ($1 billion) from 2.3 billion, it said on Wednesday.

December 7, 2011 12:32
 

Iraq official seeks air defence deal with gulf

Iraq is seeking a joint defence agreement for airspace with Gulf countries as it moves to secure its air borders after the departure of US forces from the country this month, a senior official said on Sunday.

December 5, 2011 10:55
 

Qatar Shell in $6.4B petchem plant agreement

Qatar signed a deal with Royal Dutch Shell on Sunday to develop a $6.4 billion petrochemicals complex in the Ras Laffan industrial city in the Gulf Arab state.

December 5, 2011 10:13
 
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