BP Returns To Libya: State Oil Firm
British oil giant BP announced on Tuesday that it would resume operations in Libya after they were suspended last…
UAE Set To Issue Mid-Day Work Ban
The UAE is set to issue a decision banning work at open construction sites during mid day in summer for the eighth…
Visa Outperformed JPMorgan As Cards Wage War On Cash
Visa Inc. (V) and MasterCard Inc. (MA), the biggest bank-card networks, produced better risk-adjusted returns than…
Egyptian Exchange Gains EGP 1.3 Bln, EFG-Hermes Tops EGX’s Early Upwards
Whilst Wednesday's early trading, the EGX posted gains of EGP 1.346 billion as the capital market has reached EGP…
UAE Inflation To Rise Gradually In H2
Dubai Chamber study sees downward trend in food prices and stronger US dollar set to diminish pressure on prices…
EU To Form “Banking Union” On Debt Crisis
The European Union should seek to create a ‘banking union' in which lenders face tough, common rules allowing them…
Qatar Orders Arrest Of Mall Owner, Others Over Deadly Fire
Qatar has ordered the arrest of five people involved in the management of a Doha shopping mall ravaged by a fire in…
Olympus To Cut 2,500 Jobs, Sell Equity Stake
Japan's Olympus Corp, hit by a $1.7 billion fraud scandal, plans to shed 2,500 workers and sell an equity stake to…
Kuwait To Form An Insurance Regulatory Agency
Anas Al-Saleh, Kuwait's commerce and industry minister has said the government is set to issue 'in the near future'…
Mexico’s Slim Sticks To Offer In Raid On KPN
Mexican tycoon Carlos Slim stuck to his bid of 8 euros per share for a bigger stake in Dutch telecom firm KPN on…
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