Guides & Analytics
Commercial Deposits of Omani Banks Surges 17.5%
Total value of private deposits at the commercial banks in Oman as of end January and February 2012 rose by 17.5 per cent to RO8.278 billion compared to RO7.046…
Fitch: Indian Banks Likely Need $50 Bln Under Basel
Indian lenders may have to raise as much as $50 billion to add to their retained earnings to meet Basel III capital requirements being set by the country’s central…
Iran Purchases 60.000 Tons Of Australian Wheat
European traders say Iran has bought around 60,000 tons of Australian wheat irrespective of Washington’s tough economic sanctions against the Islamic Republic.
Iran To Increase Forouzan Oilfield Output By 10%
National Iranian Offshore Oil Company (NIOOC) plans to increase production at the Forouzan Oilfield by 10 percent within the next eight months.
S&P Affirms Saudi Re’s Rating At BBB+; Stable Outlook
Standard and Poor's has affirmed Saudi Re's financial strength rating at BBB+ with a stable outlook. S&P expects that Saudi Re will gradually prove successful in…
Fayza Aboulnaga: Saudi Arabia To Aid Egypt
Saudi Arabia “will start implementing” a financial aid package to Egypt this month with a $1 billion deposit in the central bank, said Minister of Planning and…
Polar Bears Can Swim Vast Distances: Study
Scientists do not know whether such long-distance swimming is a new behavior, USGS officials said. Polar bears are capable of swimming vast distances, a potential…
U.S. & Japan Debt Levels Are Worrying More Than Euro Zone: IMF
U.S. and Japanese debt levels are as bad or worse than in the euro zone, IMF chief economist Olivier Blanchard warned in a French newspaper interview on Thursday,…