DUBAI: The UAE’s energy minister said he did not regret last year’s OPEC decision not to cut the production ceiling in the face of falling prices.
LONDON: Gold fell close to an earlier multi-year low, as the market awaited minutes of a recent US Federal Reserve meeting which could reinforce prospects of a rate hike next month.
DUBAI: Dubai’s government is seeking more investment from the financial sector in its infrastructure projects, including those related to the Expo 2020 global event, a senior official said.
LONDON: Global oil prices rebounded Wednesday but buying sentiment remains sluggish owing to supply glut woes and a strong dollar.
JEDDAH: Saudi Arabia raised its oil exports in September by 113,000 barrels per day (bpd) to 7.111 million bpd from 6.998 million bpd in the previous month, official data showed.
MANAMA: The convener of the 22-year World Islamic Banking Conference (WIBC) — Middle East Global Advisers — is set to reveal cutting-edge insights on the outlook of the global Islamic financial indust
JEDDAH: Following the 2012 liberalization of foreign investment law in Turkey, there has been a 500 percent increase in investment from the GCC, which accounts for nearly a quarter of the foreign buye
DUBAI: Mumtalakat and India’s Synergies Castings will build a $150 million downstream aluminum facility in Bahrain, the chief executive of the kingdom’s sovereign fund said.
LONDON: Gold prices slipped, heading toward near six-year lows as the dollar rose and stocks rebounded from losses associated with Friday’s attacks in Paris.
JEDDAH: Real estate shares led losses in the Saudi stock exchange Tuesday after a proposal to tax undeveloped land.
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