Dubai World to invest Dh13.6bn
Dubai World ( DW ), one of the largest ports companies in the world, is planning to invest Dh13.6 billion in new…
Abu Dhabi private sector at third of GDP
Abu Dhabi's private sector has steadily grown over the past years to reach nearly a third of the emirate's GDP and…
UK Stocks Blooms as International Power Leads Gains
U.K. stocks advanced, erasing earlier losses, as gains in International Power Plc (IPR) overshadowed declines in…
Oil Falls For Second Day Amid Iran Nuclear Talks
Oil fell a second day after the first international talks in 15 months on Iran’s nuclear program yielded an…
EU Carbon Records Biggest Decline In Two Weeks As Power, Gas Drop
European Union carbon permits dropped the most in almost two weeks before auctions this week by Austria, Germany…
McCain Renews Call For Arming Syrian Opposition
Senator John McCain, who recently returned from a trip to Turkey where he met with members of the Free Syrian Army,…
Kuwait’s Warba Bank Signs Two Agreements With Standard Chartered
Kuwait's Warba Bank has signed two agreements with Britain's Standard Chartered to facilitate transactions in Asia,…
Jordan To Import More Fuel Oil As Pipeline Disruption Continues
Jordan Petroleum Refinery Co is importing more fuel oil and gasoil for power generation, as continued attacks on a…
EgyptAir YoY Profits Drops 75% in 2011
EgyptAir has reported a 75% year-on-year decline in profit to $12 million in 2011, citing the civil unrest in Cairo…
Saudi CMA To Apply Governance Rules Gradually
Saudi Arabia's market regulator has said corporate governance standards and requirements on Authorized Persons are…