Tuesday 29 July 2014
 
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Egypt to pay-off all foreign oil firm arrears by 2017

The Egyptian government has planned to pay-off all of its arrears to foreign oil firms by 2017, said a report.   Its previous plan was to pay EGP21 billion ($3 billion) out o

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Egypt to pay-off all foreign oil firm arrears by 2017

The Egyptian government has planned to pay-off all of its arrears to foreign oil firms by 2017, said a report.   Its previous plan was to pay EGP21 billion ($3 billion) out o

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42 Saudis firms seek agro investments abroad

As many as 42 Saudi Arabian investors have made requests to make agricultural investments in foreign countries, said a report.   Saad Khalil, director at the office of King A

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Dubai-Canada trade sees 61pc growth

Dubai’s foreign trade with Canada recorded a 61 per cent growth in the first quarter of the year valued at Dh2 billion ($544.3 million) as compared to Dh1.3 billion for the same period last year, said a top official.  

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Bahrain upholds spying case sentences

Bahrain's highest court has upheld the 10-year-jail term of a defendant convicted of spying for a foreign country.   The High Criminal Court had earlier sentenced the con

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GCC talks with EU 'could be postponed'

A top-level meeting between GCC foreign ministers and their EU counterparts next week could be postponed, allegedly due to a controversial UN statement on the human rights situation in Bahrain.   The meeting was

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Bahrain extends probe into foreign interference

A government probe into foreign interference in Bahrain's affairs has been extended.   The inquiry is underway to see whether individuals and institutions received foreign aid to carry out activities which vi

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Saudi cbank to maintain reserve strategy

Saudi Arabia's central bank will keep its current strategy for managing the country's foreign reserves, central bank governor Fahad Al-Mubarak said on Tuesday, indicating a continued emphasis on US dollar assets.  

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Saudi Arabia rejects foreign intervention in Iraq

Saudi Arabia said on Monday it rejected foreign interference in Iraq, after Islamist militants seized broad swathes of the country. Rebels from the Islamic State of Iraq and the Levant (ISIL) have seized several Iraqi cities, threatenin

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Foreign aid for 'training' probe launched in Bahrain

An inquiry was yesterday launched into individuals and institutions who might have received foreign aid for "training" in Bahrain.    His Majesty King Hamad directed ministries to start the probe i

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