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July 11, 2014

The 10 highest earning chief executives in the UAE make several million dirhams a year, taking home a total of Dh78.14 million in salaries and bonuses in 2013 alone,
03:33 GMT
Seven out of the ten highest paid officials work for companies based in Abu Dhabi, while the rest are based in Dubai.
Egypt, one of the world's largest wheat importers, said on Thursday it had enough wheat to last for six months.
03:21 GMT
Egypt purchased 3.7 million tonnes of local wheat and also bought 5.46 million tonnes of wheat from abroad during the 2013-2014.
Reorganizing the shipments thanks to delayed efforts to secure a terminal will add to headaches.
03:16 GMT
Egypt has missed a window to avert gas shortages this year as plans to secure a floating import terminal from a Norwegian firm hit snags.
After that deal, shipments from Zueitina were delayed because of damage from the blockade, while Hariga has seen only a few tanker loadings.
02:42 GMT
Libyas oil sector took another big step back to normality with the restarting of an oil field that could double its current meagre crude output
Boeing expects airlines to buy 25,680 new single-aisle planes over 20 years,
02:11 GMT
Boeing’s annual forecast, released in conjunction with the airshow, said single-aisle airplanes such as the 737 and A320 will garner the most orders.

July 10, 2014

In the meantime, Riyadh Municipality officials closed 23 restaurants in the capital for violating health regulations.
13:31 GMT
Security officers in Saudi Arabia have arrested nearly 2,200 foreign workers in Madinah and Hail and Baha this month for allegedly violating the country’s residency and labor regulations.
The price spread between the two benchmarks touched the narrowest point in almost a month at $5.20 on Wednesday, driven by speculators dumping Brent.
03:40 GMT
Brent crude oil traded at a one-month low below $109 a barrel on Wednesday after a Libyan oilfield restarted and supply worries faded