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…

Chevron seeks drilling ship to expand East Med gas search

[ad_1] Chevron tenders for drilling vessel in Cyprus, Egypt, Israel -sources Chevron seeks to expand production to meet growing demand LONDON, April 18 (Reuters) – Chevron (CVX.N) is seeking a…

Exclusive: China plans $500 million subsea internet cable to rival US-backed project

[ad_1] SINGAPORE, April 6 (Reuters) – Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to…

Facebook, telcos to extend subsea cable to four countries

[ad_1] JOHANNESBURG, Aug 16 (Reuters) – Facebook and a team of African and global telecoms companies will add four more countries to its world’s largest subsea cable project, widening the…

Standard Chartered agrees to sell business in Jordan

[ad_1] DUBAI, March 26 (Reuters) – Standard Chartered (STAN.L) plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB) (AJIB.AM), the two parties said on Sunday, as the…