Fake versions of the multibillion-dollar cancer drug Avastin were purchased in Turkey before being traded by middlemen across the Middle East and Europe to the United States, an Egyptian businessman involved said on Tuesday.
February 29, 2012 1:42
Dubai-based Noor Islamic Bank has been forced by the United States to cut off its banking business with Iran as part of wider US efforts to pressure Tehran over its nuclear programme.
February 29, 2012 1:34
Dubai's Noor Islamic Bank ended business relationships with Iranian banks in December last year as a pre-emptive action in relation to US sanctions, Noor said in an email on Wednesday.
February 29, 2012 1:18
Top oil producer Saudi Arabia increased exports sharply in the past week and is offering extra supplies to its biggest customers worldwide in what industry sources said appeared to be a bid to tame runaway crude prices.
February 25, 2012 12:17