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Your daily dose of news from the region
24 March 2016 12:01 AM Andorra
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Featured Article
Egypt bank CEOs purged as c.bank sets 9-yr term limit
Egypt's central bank placed a time limit on the tenures of CEOs of commercial lenders on Thursday, setting in motion a purge of several top executives.

Meanwhile
Oil headed for biggest weekly slide in two months
Oil fell below USD40 a barrel on Thursday, heading for the biggest weekly slide in two months.
Oman Oil in talks with banks on USD1bn loan for subsidiary
State-owned Oman Oil Co, the national petroleum investment company, is seeking a USD1 billion loan from banks for a …
Kuwait says find new oil fields
Kuwait has made a new discovery of light crude in the western part of the country.
Kuwait's Americana posts 14.8% Q4 net profit drop
Kuwait Food Co (Americana) posted a 14.8% fall in its fourth-quarter net profit on Thursday, citing rising costs and …
Gulf edges down; stocks going ex-dividend weigh
Gulf stock markets edged down in early trade on Thursday in line with soft oil prices and global bourses.
Dubai contractor ASGC still targeting stock market listing
Dubai-based Al Shafar General Contracting (ASGC) still aims to go public in the future after having to put on hold …
GCC to agree new deadline for railway project, says Oman minister
Dr Ali bin Masoud al Sunaidi, Minister of Commerce and Industry said the upcoming GCC transport ministers' meeting …
United States to press Russia on Syria's Assad
U.S. Secretary of State John Kerry is expected to press President Vladimir Putin on how Russia sees a future …
Yemen combat to halt Apr 10 ahead of peace talks
The warring parties in Yemen have agreed to a cessation of hostilities starting at midnight on April 10 and peace …
 
Editor's Pick
Iran's oil storage struggle holds back exports to EU
Some 45-50 million barrels of Iran's oil are estimated to be held in tankers at sea.

Most Popular
Multimedia
Oil steadies near 2016 high
 
News
GCC set to become "two-tier region"- Moody's
Abu Dhabi?s GDP up 5.5% to AED200bn
IMF: War, oil rout erode Mideast growth prospects
Kuwait's Investment Dar airs USD2.7bn debt
Saudi policy-making body approves economic reforms
 
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