Economy In a push to assert its authority over Iraq's fractious oil sector, the federal Oil Ministry has stated its intention to seize crude, natural gas and fuel shipped outside …
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Earlier this week the Lebanese were struck by the news that only 6,733 members of the country’s estimated 15 million diaspora had registered to vote in the general elections, scheduled …
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Economics The United Arab Emirates (UAE) produced around 2.6 million barrels per day (bpd) of crude in December, its oil minister Mohammed al-Hamli has said. More from Gulf Business …
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Economics A strike by Electricite du Liban’s workers has further exacerbated the electricity crisis in the country as repairs on aging power plants came to a halt Tuesday. More from …
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Economics Brent crude futures steadied above US$111 per barrel on Tuesday, trading in a tight range, as investors opted for caution ahead of key data from China and a European …
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Economics Brent crude futures held above US$111 per barrel on Monday, supported by signs that the world's biggest economies are on a steady recovery path, but inventory data showing weak …
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Economics Jordan aims to cut its budget deficit by about a third this year to curb the impact of soaring fuel import costs and high social spending linked to the …
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Economics Fitch Rating agency says an expansionary 2013 budget based on a conservative oil price will support another year of healthy economic growth for Saudi Arabia. More from AME Info …
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Economics Gold regained strength on Wednesday as a weaker US dollar spurred buying from jewellers, but prices were still within sight of an almost four-month low given signs of progress …
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Economics Brent crude rose above US$108 a barrel on Tuesday as the outlook for oil demand improved on signs of progress in US talks to resolve a budget crisis that …