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Thursday, August 23, 2012
Egypt has formally requested a US$4.8 billion loan from the International Monetary Fund, a spokesman for its president said on Wednesday during a visit to Cairo by IMF chief Christine Lagarde to discuss support for the country's ailing economy.
Tuesday, August 14, 2012
Iraq's oil output now stands at 3.2 million barrels per day, outpacing neighboring Iran to become the second-biggest producer in OPEC, Iraq's top energy official said on Sunday.
Sunday, August 12, 2012
Seven international soldiers have been killed by their local colleagues in a bloody week of violence in Afghanistan, further eroding trust between foreign troops and the Afghans they work with.
Monday, August 6, 2012
A drop in Iranian production coupled with regional tensions were pushing oil prices higher, Kuwait Oil Minister Hani Hussein said in remarks published on Sunday.
Thursday, August 2, 2012
Dubai-based port operator DP World on Wednesday said business at its docks rose 7.5 percent in the first half of the year, driven by strong gains in emerging markets.
Tuesday, July 31, 2012
Loss-making Qantas got a much-needed publicity and share price boost when it made headlines on Thursday over a potential tie-up with Dubai-based Emirates.
Monday, July 30, 2012
Travel industry gears up for Muslim tourist boom
From halal spas to prayer rooms at airport terminals, the global tourism industry is gearing up for a projected boom in Muslim travel over the next decade, experts say.
Tuesday, July 24, 2012
Abu Dhabi's state-backed Mubadala Petroleum says it and its partners plan to begin developing an oil field in the northern Gulf of Thailand.
Wednesday, July 18, 2012
Tunisia on Monday raised US$485 million from a bond offering — backed by the United States — as the North African nation sought to overhaul the economy in the wake of a popular revolution.
Tuesday, July 17, 2012
A Kuwait-led consortium has inked a preliminary deal with Iraq to search for oil in the country's oil-rich south as the nation seeks to develop its vast natural resources after decades of war, U.N. sanctions and neglect.
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