[ad_1] LONDON, June 4 (Reuters) – Saudi Arabia will make new voluntary cuts as part of an OPEC+ deal, an OPEC+ source told Reuters on Sunday. Two other OPEC+ sources…
Tag: AE
Citi appoints new North Africa, Levant and Central Asia head
[ad_1] DUBAI, May 8 (Reuters) – Banking group Citi has appointed Omar Hafeez as head of its North Africa, Levant and Central Asia operations based in Dubai after a reorganisation…
Most Gulf central banks follow Fed and raise interest rates by 25bps
[ad_1] CAIRO/DUBAI, May 3 (Reuters) – Most Gulf central banks increased key interest rates on Wednesday after the U.S. Federal Reserve raised its target interest rate by a quarter of…
Spread of COVID-19 Delta variant knocks oil demand outlook -IEA
[ad_1] LONDON, Aug 12 (Reuters) – Rising demand for oil abruptly reversed course in July and is set to proceed more slowly for the rest of the year due to…
Most Gulf markets in red as Fed seen hiking rates
[ad_1] May 1 (Reuters) – Most stock markets in the Gulf ended lower on Monday, weighed down by expectations the Federal Reserve will increase interest rates, although the Qatari bourse…
Etihad Airways plans to triple passengers, double fleet amid strategy shift
[ad_1] NEW DELHI, April 27 (Reuters) – Abu Dhabi-based Etihad Airways aims to triple the number of passengers it carriers to 30 million and nearly double its fleet to 150…
JPMorgan bolsters Mideast debt capital markets team
[ad_1] DUBAI, April 27 (Reuters) – JP Morgan (JPM.N) has hired Ishita Kohli to join its Middle East and North Africa debt capital markets team in Dubai, a spokesperson for…
Emirates Steel Arkan considers Thyssenkrupp steel stake -Bloomberg News
[ad_1] April 26 (Reuters) – Emirates Steel Arkan (EMSTEEL.AD) is considering a potential investment in Thyssenkrupp’s (TKAG.DE) steel business and could make a formal bid in the coming months, Bloomberg…
‘French Spiderman’ climbs Paris skyscraper as protest against pension law
[ad_1] PARIS, April 19 (Reuters) – A free climber known as the “French Spiderman” scaled a 38-storey skyscraper in Paris on Wednesday to demonstrate his support for protesters angry about…
U.N. Security Council to discuss deadly tanker attack off Oman
[ad_1] NEW YORK, Aug 5 (Reuters) – Britain will raise a deadly tanker attack off the coast of Oman during a closed-door United Nations Security Council meeting on Friday, diplomats…