Iran’s dependence on oil revenue is putting the Islamic Republic’s economy at the mercy of major powers,
October 22, 2014
The dollar demand had pushed the Saudi riyal’s spot rate unusually far beyond its peg of 3.75 against the dollar.
The construction of all the galleries has also been completed structurally, along with the concrete work for the museum’s basement levels and the security screening facility.
October 21, 2014
The Kingdom’s oil shale reserves rank fifth worldwide in terms of quantity.
The Ministry of Tourism is aiming for regional tourism to account for 20% of the total inbound tourism to Egypt, according
With his unique bushy mustache and outspoken manner, De Margerie was one of the most respected figures among the top oil executives in the world
Standard Chartered has notified thousands of UAE small and medium enterprise customers it is closing their accounts as it responds to pressure from US regulators
International rating agency Moody’s has changed Egypt’s outlook from negative to stable, attributing the upgrade to the stabilised political and security situation.
October 20, 2014
Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years.
A Kuwaiti oil trade union on Sunday condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the Arab neighbours
Dubai’s real estate sector registered a slowdown in rents and sales prices during the third quarter of the year.
The train may carry more wealth than the annual economic output of some of the places it crosses.
Gulf Air, the national carrier of Bahrain, yesterday (October 18) announced the relaunch of flights to Shiraz, the capital of Fars Province in Iran.
October 19, 2014
CCC, one of the largest construction companies in the Middle East, was founded by Khoury in 1952 along with his cousin Hasib Sabbagh and Kamel Abdul-Rahman.
Indian refiners together owe about $6 billion to Iran.