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The Watch
Egyptian Gas Exports increase by 41.9 million dollar
Egyptian exports of natural gas and its derivatives during January 2012; witnessed an increase of about 26.1%, as…
Arabtec Shares Hike 15% as Aabar Investmetns Doubles Stake
The DFM General Index edged 2.37% higher to close at 1,693.67 Tuesday amid rising trading volumes. Arabtec…
Russian Minister Sees Stagnant Oil Output
Russia's oil output would be stuck at its 2011 level for the next 20 years as the country has exhausted its…
France’s 12-thousand-ton Gas Cylinder Sent to Egypt
Coming from France, the Liberian tanker “Navigator Leo” has reached Alexandria harbor approximately loaded…
It Is Difficult for India to Join US-Led Sanctions on Iran: Expert
An international relations professor says New Delhi has good ties with Tehran based on shared trade and security…
South Africa’s Iranian Oil Imports Hike Despite US-Led Embargoes
South Africa has increased its crude imports from Iran to USD 364 million in February, up from zero in the previous…
EZZ Dekheila Posts Highest Gains Despite Political Unrest
Egypt's Al Ezz Dekheila Steel Co.- Alexandria (IRAX) has posted record-breaking profits in 2011, shrugging off the…
Iraqi Govt Accuses Kurdish Region of Smuggling Oil
The Iraqi government on Monday accused the northern semi-autonomous region Kurdistan of smuggling oil out of the…
Yen Falls as Tankan Fuels Easing Speculation
The yen slid for a second day against the euro after the Bank of Japan (8301)’s Tankan report showed sentiment…
Iraqi Kurdistan’s Oil Exports Halted Over Pay Dispute
Tensions between Baghdad and the Kurdish region have risen since October last year when Exxon Mobil announced a…