Mideast Crude Watch- Dubai spread flips to backwardation
SINGAPORE: The new front-month December/January Dubai intermonth spread flipped into backwardation this…
India telecoms battered by spectrum probe worries
MUMBAI: India's fiercely competitive mobile phone industry has been beset by a…
BP deep-cleaning Gulf beaches amid new worries
ORANGE BEACH: What's typically a beautiful, quiet stretch of beach in the…
Euro hovers around $1.35 after EU ministers meet
The euro is hovering around $1.35 after a meeting of European Union…
Russia to urge Iran to discuss nuclear program
Russian President Dmitry Medvedev will urge Tehran to resume talks with global…
Egypt’s Alex Cement 9-months net gains 10 pct
Egypt's Alexandria Cement posted a 10 percent gain in net profit…
UK gov’t group to invest $300 million in Africa
NAIROBI: Britain's overseas investment arm plans to invest about $300 million a…
Oil drops towards Nov lows on China demand concerns
SINGAPORE: Oil dropped as much as 1.3 percent on Wednesday to the…
Vodafone drops Muslim scientist ad after complaints
CAIRO: The Egyptian unit of telecom giant Vodafone has dropped an advertisement…
Egyptians struggle to find affordable homes
CAIRO: On the outskirts of Cairo, across the street from gated compounds…