Iran government denies plans to treble gasoline price The Star | DUBAI (Reuters) - Iran's government denied on Monday it would treble the price of gasoline as part of subsidy reforms that have been commended by the IMF but caused anger at home among a population struggling under Western trade sanctions. | In a statement carried by the Fars news agency, the offi...
CME's boost may add steam to Dubai futures Gulf News | Dubai: Trading on a small Dubai futures market backed by CME Group could pick up more steam after the Chicago-based exchange operator boosted its stake in the platform early this year, according to CME's new chief executive. | Potential customers h...
UAE, Saudi Arabia to plug gaps in oil imports Gulf News | Abu Dhabi The UAE and Saudi Arabia have promised to fill any gap in South Korea's oil imports if supplies from Iran are disrupted, South Korean Minister of Strategy and Finance Bahk Jae-wan said Monday. | "So far the UAE and Saudi Arabia have ...
Iran government denies plans to treble gasoline price The Star | DUBAI (Reuters) - Iran's government denied on Monday it would treble the price of gasoline as part of subsidy reforms that have been commended by the IMF but caused anger at home among a population struggling under Western trade sanctions. | In a s...
Dubai crude close to Brent on Iran fears and Asia appetite Gulf News | Dubai Middle East crudes are rallying from the lowest level in four months relative to Brent oil as Asian demand for the region's grades increases and Western sanctions on Iran tighten supply. | Dubai crude, the benchmark for Asia that started the ...
UAE increases oil production to cover Libyan shutdown Gulf News | Abu Dhabi: The UAE's oil output rose 0.8 per cent to 2.55 million barrels per day (bpd) in September compared to August, latest data from the Paris-based International Energy Agency (IEA) shows. | "Both Kuwait and the UAE raised output in Sept...
Print classified advertising shows robust growth in UAE Gulf News | Dubai: Total advertising spend in the Middle East and North Africa rose 10.4 per cent in the first quarter 2011 over the same period last year. | The spike is a full 1.6 per cent ahead of the 8.8 per cent total ad increase globally, reports Nielsen...
DSS 2011 brings Dh8.8 billion to Dubai’s economy Gulf News | Dubai Dubai Events and Promotions Establishment (DEPE) said, more than four million visitors visited Dubai’s summer attractions last year that boosted Dubai’s economy by 8.8 billion including Dh5.9 billion spent by regional and international visitors, and Dh2.9 billion spent by UAE residents. | During the 2011 festival, an estimated f...