Qatar plans to issue up to $4 billion in Islamic bonds, or sukuk, through two companies that the Gulf state will set up through a decree issued by the Crown Prince, local daily Al Watan newspaper said on Monday.
July 2, 2012 10:09
Gulf investors are taking cues from Europe amid thin local news and negative sentiment may spill over to regional markets as hopes fade of a debt-crisis resolution from an EU summit later this week.
June 26, 2012 10:39
Rights activists urged the European Union on Friday to press Gulf Arab allies to improve their human rights record and stop harassment and threats against civil society groups and political campaigners.
June 24, 2012 10:25
Iraq is set to overtake Iran as OPEC's second biggest producer. Already, Iraqi oil is helping to fill the supply gap created by tightening Western sanctions on Iran. The cartel's hawks are unhappy about those extra barrels; prices have fallen one fifth from their March peak.
June 11, 2012 5:45