Dubai apartment prices drop 11%

DUBAI: Apartment prices in Dubai have fallen 11 percent in the past 12 months and will decline further because of tighter regulations, rising inflation and a strong United Arab Emirates currency, indu

Algeria postpones energy bids, sees slight rise in output

ORAN, Algeria: Algeria has postponed a round of bids for oil and gas exploration rights planned for this year after a slump in world crude prices, and will launch the round when market conditions impr

Gold slides on firmer dollar, equity rally

LONDON: Gold slid lower on Wednesday, under pressure from a firmer dollar and a rally in equity markets but losses were capped by growing expectations that the US Federal Reserve will delay raising in

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