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May 24, 2017

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Business > Middle East
Dubai firm dreams of harvesting icebergs for water
A Dubai firm's dream of towing icebergs from the Antarctic to the Arabian Peninsula could face some titanic obstacles.
 
Iran's President Hassan Rouhani inaugurated five new phases of the South Pars gas field on Sunday, the result of some US$20 billion in investment, local media reported.
 
Qatar to boost production from vast underwater gas field
Qatar said Monday it plans to boost production from a vast underwater natural gas field by 10 percent, giving the energy-rich Gulf nation potential new revenue as it pursues ambitious infrastructure plans.
 
Kuwait sinks billions into enormous causeway link to 'Silk City'
Kuwait is building one of the world's longest causeways to its remote north where it will pump billions into "Silk City", aiming to revive the ancient Silk Road trade route.
 
Saudi Arabia on Sunday launched a parallel equity market designed to boost small and medium enterprises that closed up 20 percent, the maximum allowed in a single day, brokers said.
 
Golf club brings the Trump brand to glitzy Dubai
The American president's businessman sons opened the Trump International Golf Club Saturday as Dubai hosted the first foreign launch of a venue bearing Donald Trump's name since he took office.
 
A head of the game
Pakistani laborers unload cabbages from a truck at the main fruit and vegetable market amid heavy rain in Islamabad, Wednesday, Jan. 25.
 
Gaza berries
Palestinian workers cover rows of strawberries to protect them from the cold during the harvest season in Beit Lahiya, Gaza Strip on Monday, Jan. 2.
 
Iran has published a list of 29 major companies from Europe and Asia approved to bid for oil and gas projects after the lifting of sanctions over its nuclear program.
 
Iran's currency plumbed new lows against the dollar on Sunday, continuing a six-month decline that has seen the rial lose some 19 percent of its value despite the lifting of sanctions.
 
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