DUBAI: Iran will not back down in its quest for an Iranian head of Opec, the country’s new oil minister, Bijan Zanganeh, was...
DUBAI: Iran will not back down in its quest for an Iranian head of Opec, the country’s new oil minister, Bijan Zanganeh, was...
ABU DHABI/BEIRUT: Syria cancelled an urgent tender to buy sugar yesterday, two weeks after cancelling a bid to buy wheat, the latest signs...
DUBAI: Dubai World is close to selling its 50 percent stake in Miami Beach’s landmark Fontainebleau hotel to South Florida developer Turnberry Ltd,...
DUBAI: Yemen’s annual inflation climbed to a 15-month high of 14.2 percent in May, mainly due to increases in food, tobacco and qat...
TRIPOLI: Libya is importing diesel and fuel oil to fend off increasing power cuts, as queues of drivers grow at the pumps and...
GENEVA: A Saudi princess has bought a historical Geneva estate that once belonged to a former Swiss president for 57.5m Swiss francs ($62m),...
CAIRO/DUBAI: With the fall of the Muslim Brotherhood, Islamic finance has lost strong political support in the most populous Arab nation. But economic...
DUBAI: Etihad Airways expects a $600m investment in Jet Airways to be cleared by Indian authorities imminently, as it further extended a deadline...
BAGHDAD: Iraq’s oil exports rose to an average of 2.579 million barrels per day (bpd) in August, the oil ministry said yesterday, due...
DUBAI: The US military has not renewed its contract to buy jet fuel from Emirates National Oil Company (ENOC) in the United Arab...
DUBAI: HSBC Holdings will stop offering wealth management products in Bahrain, Jordan and Lebanon as the British lender continues to exit small or...
DUBAI: Iran’s new oil minister has ordered the revision of energy project contracts to make them more attractive to foreign investors, a National...
DUBAI: General Motors said it expected the automobile industry in the Middle East to show growth that is sustainable, but at a slower...
DUBAI: General Motors said it expected the automobile industry in the Middle East to show growth that is sustainable, but at a slower...
LONDON/GENEVA: Libya’s crude oil exports have shrunk to just over 10 percent of capacity from three ports, out of a possible nine, as...
CAIRO: The Egyptian pound strengthened on both the official and black markets yesterday as concerns the country faced sustained instability eased further, traders...
TRIPOLI: Striking workers who have cut Libyan oil output by over half want more power for the country’s eastern region, Oil Minister Abdelbari...
BAGHDAD/LONDON: Iraq has offered investors more lucrative terms to tap a large oilfield and build a refinery, while blaming Royal Dutch Shell for...
