Latest Business News
Oil revival lifts Abu Dhabi 2010 nominal GDP 16 pct
ABU DHABI/DUBAI: Abu Dhabi's nominal economic output rose 15.9 percent in 2010,…
BP trying to raise Iraq oil output, not in contract talks: CEO
ABU DHABI: British oil major BP remains committed to reaching its oil…
Top global banks cut MENA research roles: sources
DUBAI: Leading global investment banks, including Credit Suisse AG , are cutting…
Ezz Steel says ruling may hit investments
CAIRO: Ezz Steel, whose shares have been battered since a court jailed…
Growth slump expected in protest-hit Arab states
DOHA: Growth rates in Arab countries are expected to slump in the…
Oil up with equities, North Sea snag supports
LONDON: Brent crude rose on Friday, boosted by gains in equity markets…
Lagarde urges unified action against Europe crisis
WASHINGTON: The head of the International Monetary Fund called Thursday for bold…
World stocks buoyed by central banks action
LONDON: Global stocks remained buoyed by the decision of five top central…
IMF to loan Ivory Coast $614 million for recovery
ABIDJAN, Ivory Coast: International Monetary Fund officials say the organization plans to…
Too soon to assess Libya oil export levels: minister
TRIPOLI: It remains too early to assess the level of Libya's oil…