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The Watch
Tesco UK CEO to quit amid Profit Warning
Tesco PLC (TSCO.LN) Thursday confirmed that Richard Brasher, chief executive of its U.K. operations, will step down…
KSA pledges to fill “perceived or real” Oil Supply Gap
Top oil exporter Saudi Arabia stands ready to fill any oil supply gap - "perceived or real" - as oil prices rally…
Egypt Gas Disruptions cost Israel $ 3.97 billion: Israeli Finance Ministry
Israel’s Finance Ministry says the cost includes NIS 12 billion ($ 3.18 billion) to buy alternative fuel, and NIS 3…
Oriental Weavers post Profits of L.E 260 million in 2011
Recording a decline of 27.9%, Oriental Weavers (OW) (ORWE) has posted total net profits of L.E 260 million during…
E.ON to adjust Terms of Statoil Gas Purchase Deal
Germany’s E.ON AG said Wednesday it has reached an agreement with Norwegian natural gas producer Statoil…
Sharp assigns New President, Shares rally
Sharp Corp.(JP:6753) +4.32% (SHCAY) +0.98% on Wednesday announced Takashi Okuda will take over as…
Amer Group And KUWADICO Signs New Development Contracts
With a total area of 1.380 million m2, Amer Group has signed a contract for developing Porto October located in the…
India’s Oil Companies not hurt by Iran Sanctions
India's state-run oil companies haven't been hurt by sanctions imposed on Iran by the U.S. and European Union,…
$100 pb is Reasonable Price for Oil: Bahraini Energy Minister
Bahraini Minister of Energy Abdul Hussein Mirza said Bahrain believed that the USD 100 per barrel is reasonable…
Int’l Energy Forum for Latest World Oil Issues kicks off
The 13th International Energy Forum is launched in Kuwait, on Tuesday, with the participation of more than 80…
