Middle East


Gulf can cope with cheaper oil - IMF

2014-12-17 07:00

The Arab energy exporting states of the Gulf can cope comfortably with sliding oil prices, says an International Monetary Fund official.

Abu Dhabi looks to Asia for oil concession

2014-11-07 11:45

Gulf emirate Abu Dhabi seems likely to choose Asian firms when it renews a decades-old major oil concession in a historic shift for the global energy market.

Middle East markets return to profit-taking

2014-09-28 17:03

Most major stock markets in the Middle East have fallen as investors resumed profit-taking ahead of the Eid al-Adha holidays.

 

Gulf stocks rebound after heavy losses

2014-12-15 12:05

Stock markets in most Gulf Arab states have rebounded after days of heavy losses triggered by the plunge in the price of oil, mainstay of the region's finances.

Gulf electricity-sharing grid set to expand

2014-09-28 17:09

A unified Gulf Arab electricity grid created to share capacity in emergencies is set for expansion by 2019 with an estimated investment of up to $420m.

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