September 22, 2013
In a disclosure sent last week to the Amman Stock Exchange, APC Acting General Manager William Flahr announced that operations for the foreseeable future will be at approximately 20 per cent of total production capacity.
Sudan has been under the US blacklist of states sponsoring terrorism since 1993 on allegations of harbouring Islamist militants despite reports of Sudan being a cooperative intelligence partner of Washington in the "war on terror".
Royal Dutch Shell has restarted production at Iraq's Majnoon oil field, one of four giant fields core to the country's plans to boost output and avoid a slowdown in exports this year.
The 40.01 million sales milestone marks another historic figure.
Employment growth was relatively steady, in particular among Kuwaiti nationals and skilled expats. The latter two groups are crucial to the consumption sector, said the NBK in its report.
Dubai has been beefing up laws to better regulate its real estate sector as the market recovers from a crash in 2009.
"Despite the troubles, the belief was, things should carry on as normal.:
September 19, 2013
Zarubezhneftegaz Company of Russia has announced readiness to develop a newly discovered gas field in Iran.
Commercial activity across Lebanon has declined by between 15 and 70 percent, parliamentarians said Wednesday, warning that the decrease in trade was forcing many businesses to close.
In a bid to bring costs under control, sinking smartphone maker BlackBerry could fire up to 40 percent of its staff, equating to 5,000 people.
The UAE developers have announced Dh16.6 billion ($4.5 billion) investment plan to build a ‘City of the Future’ in the Iraqi capital Baghdad.
Saudi Arabia and Bahrain have approved plans to lay a 350,000-barrel per day (bpd) oil pipeline between the two countries.
Spending for the world’s most-watched sporting event will spur lending for roads, stadiums and hotels.
"Social equality is not only related to increases in pay; social justice is to provide job opportunities for people," Eissa elaborated.
Importing would strain an economy that is already crippled by international sanctions; falling currency value and decaying hard currency reserves.