Middle East

Eating consumers push SA retailers to top spots

2015-01-29 12:39

South African retailers have performed very well in Africa and the Middle East, according to the latest Deloitte Global Powers of Retailing survey.

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.

Not safe for Russel to perform in Mideast

2013-06-21 20:30

Russell Brand has been forced to cancel his Middle East Messiah Complex tour dates over security fears.

G8 billions to support Arab Spring

2011-05-27 14:59

The G8 leaders has promised $20bn in aid to Tunisia and Egypt and held out the prospect of billions more to foster new democracies emerging from popular uprisings.

Shell profit rockets in first quarter

2011-04-28 11:06

Anglo-Dutch oil giant Shell has turned in a 60% net profit leap for the first quarter, as the group benefited from resurgent oil prices and the sale of non-core assets.

Oil speculators cash in: China exec

2011-04-06 06:58

Oil market speculators are cashing in on unrest in the Middle East, which is driving prices higher even though crude supplies are unlikely to be cut, says a Chinese oil executive.

Why investors should not be swayed by Japan

2011-03-29 10:53

Investment decisions should be guided by the threat of a rising oil price and not the aftershocks of Japan's disaster, writes Vic de Klerk.

Stocks rebound on bargain-hunting

2011-03-29 09:44

Global stocks have rebounded from early losses tied to Japan's struggle to contain the world's worst nuclear crisis in decades.

Oil hovers above two-year high

2011-03-24 08:32

Oil prices are hovering above $105 a barrel near a two-year high as traders closely watch an unprecedented wave of violent protests and uprisings in the crude-rich Arab world.


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.

Denel courting Gulf states

2013-02-18 19:35

It is the best time for unmanned aerial vehicle sales as countries in the Arabian Gulf are showing strong interest in Denel, a top official says.

Dollar, unrest push oil higher

2011-04-29 13:11

A weaker dollar and continued turmoil in North Africa and the Middle East caused the oil price to rise to a near 31-month peak.

Oil prices slip on profit-taking

2011-04-18 09:31

Oil dipped in Asian trade as traders locked in profits after gains last week, but analysts say prices could still go higher.

Obama to put spotlight on energy

2011-03-30 13:41

President Barack Obama will seek to wrest the political debate from turmoil in the Middle East, to a related topic - cutting America's thirst for foreign oil.

Oil slides in Asian trade

2011-03-29 09:51

Oil has fallen amid a stronger dollar as Libyan rebels emboldened by Western air strikes marched towards dictator Muammar Gaddafi's birthplace, say analysts.

Oil down but upward pressure remains

2011-03-28 09:43

Oil has eased in Asian trade but political instability in Libya and the Middle East are keeping upward pressure on prices.

Yen slides after G7 intervention

2011-03-18 12:55

Global stocks rose and the yen tumbled after the Group of Seven agreed on joint action to weaken the Japanese currency and calm nuclear crisis jitters.

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