Harvest season, import difficulties led to diesel crisis, says industry insider
CAIRO: The harvest season and the difficulty in importing diesel from Libya…
EU energy chief signs agreement on Iraqi gas export
BRUSSELS: The European Union's energy chief has signed an agreement with Iraq…
Oil pares gains after US home sales data
LONDON: Oil pared gains on Friday as weaker-than-expected US pending home sales…
Reform to cost $25 bln over 5 years, says Tunisia finance min
DEAUVILLE: Tunisia's plans for a range of reforms will cost in the…
Islamic Development Bank to increase sukuk program
JEDDAH: The Islamic Development Bank (IDB) plans to increase its $3.5 billion…
IMF ready to lend $35 bn to needy Arab countries
DEAUVILLE: The International Monetary Fund on Thursday said it was prepared to…
E-Book report: Nook is up, iPad still catching up
As the publishing industry wrapped up four days of digital talk at…
Ai Weiwei work on show at key Hong Kong art fair
A leading international art fair is to display a provocative work by…
G-8: Nations, banks to give $40B for Arab Spring
DEAUVILLE, France: Rich countries and international lenders are aiming to provide $40…
SODIC first-quarter net loss widens
CAIRO: Egypt's third-biggest listed developer SODIC posted a wider net loss in…