Main headlines
April 29, 2013
Qatar's loan to Egypt, in the form of bond-buying, is yet to materialize as negotiations continue over proposed interest rates.
The Association of Banks in Lebanon said over the weekend it would comply with any sanctions imposed by the U.S. Treasury after two Lebanese money exchange houses were designated as a primary money-laundering concern.
Gold prices today rose by more than 1 percent during early trading in Singapore, hovering near their highest in more than a week amid strong demand for bars, coins and nuggets.
Libya will start shipping oil to Egypt next month on soft credit terms worth $1.2bn, two Libyan oil industry officials told Reuters.
Jordan has requested a further $200 million from Japan, in what would be the latest round of financing from the Asian nation.
Egypt is negotiating the interest rate on $3 billion worth of Egyptian treasury bonds that Qatar committed to buying earlier this month, Planning Minister Ashraf El-Araby has said in comments reported by state-owned Al-Ahram daily.
April 28, 2013
A rapid oil appraisal program is under way in the Kurdish region of Iraq following a successful test of a second well, Genel Energy said.
Iranian Oil Minister Rostam Qasemi says Iran’s natural gas exports to Turkey will increase following the establishment of a planned joint pipeline.
Egypt's first no-alcohol hotel was opened in the touristic city of Hurghada on Saturday, with an entire floor for women only.
The Dreamliner aircraft has been cleared for take-off again, much to the relief of Middle East airlines who have ordered hundres of model.
Ten satellite television channels in Iraq have been suspended by the government for promoting sectarianism and violence, the country’s media watchdog said Sunday.
The price of Kuwaiti crude oil jumped to almost $100 a barrel in weekend trading.
Lebanon's Energy Ministry and the Turkish company operating the electricity barge refrained for a third day from making a public statement explaining the sharp drop in electricity production by the ship.
Jordan's Prime Minister Abdullah Ensour on Friday said that no decision to increase prices of electricity will be taken without consultation with the Lower House.
Lebanon's Tourism Ministry is denying that there has been a boost to the countries beleaguered industry following the appointment of Tammam Salam as prime minister-designate.
