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Don’t bet on big fall in oil—even with slowdown

Don’t bet on big fall in oil—even with slowdown

With debt crises either side of the Atlantic, Europe flirting with recession and Libyan oilfields returning to production, it is tempting to be bearish on oil. Tempting but risky.

November 22, 2011 2:48
 

Saudi retailer Alhokair eyes acquisitions, may tap bond market

Company considering opportunities in US, CIS, Africa; Some smaller deals due to close before end-2011; Eyes various financing options to fund growth plans

November 21, 2011 1:23
 

Investcorp buys three US real estate assets for $100M

Bahrain-based Investcorp has acquired three real estate assets in the United States for around $100 million, a source familiar to the matter said, bringing its total property buys this year to $300 million.

November 20, 2011 11:22
 

Syria stops paying Total for oil output

Syrian oil exports at a standstill; Syrian oil makes up less than 1 percent of daily global output

November 19, 2011 1:38
 

Islamic finances may double in assets by 2016

The global debt crisis may help Islamic finance nearly double to $1.8 trillion in assets by 2016 as stagnant corporate lending pushes institutions to seek alternative financing to traditional methods, according to a report by Deutsche Bank.

November 16, 2011 12:49
 
What happens when a journalist shows his claws

What happens when a journalist shows his claws

AP’s Matthew Lee grills State Department’s Victoria Nuland when the US decided to cut UNESCO funding. No claws retracted here.

November 2, 2011 5:07
 

US Apache plans $1.5B Egypt investments in 2012

American oil and gas company Apache Corp plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments (GAFI) said on Saturday.

October 30, 2011 2:57
 

Rights groups denied access to UAE activists trial

A hearing was held on Monday for five activists in the UAE charged with incitement and insulting the Gulf country's leadership, drawing criticism by a rights groups' representative over the lack of transparency.

September 27, 2011 12:45
 

US economy not growing as expected, oil demand affected-OPEC

OPEC expects strong demand from China and expects the Chinese economy to grow 8.5 percent next year

September 20, 2011 7:06
 
The smoking gun: The West says it’s not falling for Iran’s charms

The smoking gun: The West says it’s not falling for Iran’s charms

The East-West nuclear row continues. As long as the West keeps pointing at Iran’s military-linked atom work, Iran will continue denying these accusations. Where’s the smoking gun, asks Fredrik Dahl.

September 15, 2011 3:03
 
US debt crisis: the Frankenstein of financial abuse?

US debt crisis: the Frankenstein of financial abuse?

Does the US have the Republicans to blame for the US debt crisis? This Arab News editorial seems to think so.

August 1, 2011 11:26
 
Diamond in the rough

Diamond in the rough

The diamond industry poses potential for growth. But historically it comes with dangerous liaisons. Jacqueline Gomes reports.

July 19, 2011 1:21
 
How an airline alliance just might do what politicians can’t…

How an airline alliance just might do what politicians can’t…

Just as the PingPong diplomacy worked for China and US in the 70s, retired navy man Abdulateef Al-Mulhim hopes Saudia’s entry into Sky alliance will aid in Middle East-global diplomacy.

July 17, 2011 3:11
 
OPEC sees slower growth in 2012 oil demand

OPEC sees slower growth in 2012 oil demand

OPEC implies economic turbulence could shave current demand growth by 200,000 bpd, according to a Reuters report. So where’s this oil demand everyone’s (IEA and Saudi Arabia) talking about?

July 13, 2011 11:27
 
Iraq plans new Europe accounts to protect $15.6B oil money

Iraq plans new Europe accounts to protect $15.6B oil money

Iraq plans to open accounts at three central banks in Europe, seeking protection for Iraqi funds after May 2012

July 12, 2011 9:47
 
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