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December

Elsewedy Electric to complete power plant feasibility study in December

Egypt’s Elsewedy Electric, in cooperation with Japanese company Marubeni, plans to complete the feasibility study for establishing a coal-fired power station in the country by December this year, said a report. The company i

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Elsewedy Electric to complete power plant feasibility study in December

Egypt’s Elsewedy Electric, in cooperation with Japanese company Marubeni, plans to complete the feasibility study for establishing a coal-fired power station in the country by December this year, said a report. The company i

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UAE residential property prices down in December

The residential property sales price across the major UAE markets of Dubai and Abu Dhabi fell in December with both the apartment and villa rentals plunging on a month-on-month (m-o-m) basis, according to Reidin, a real estate information compan

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China December exports fall 1.4pc

China's December exports fell 1.4 per cent from a year earlier, while imports slid 7.6 per cent, both much less than economists had expected but still likely consigning the economy to its weakest annual growth in 25 years. Tha

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China December exports fall 1.4pc

China's December exports fell 1.4 per cent from a year earlier, while imports slid 7.6 per cent, both much less than economists had expected but still likely consigning the economy to its weakest annual growth in 25 years. Tha

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Saudi Arabia's oil output steady at 10.144 mbpd

Saudi Arabia kept its crude oil production steady in December, an industry source said, maintaining high output as part of a strategy to preserve market share despite a slump in oil prices.   The Opec heavyweight

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Saudi to raise December crude prices to Asia

Top oil exporter Saudi Arabia is likely to raise the prices of most crude grades it sells to Asia in December on a stronger Dubai benchmark and better fuel oil margins, traders said on Monday.   The Opec kingpin

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Opec says no emergency meeting on oil price drop

The Organization of the Petroleum Exporting Countries (Opec) has no plan to hold an emergency meeting to discuss the drop in oil prices before its next scheduled gathering in December, two Opec delegates said.  

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Fifa moves 2022 World Cup in Qatar to winter

Fifa ended more than four years of uncertainty over the timing of the 2022 World Cup in Qatar by announcing that it would be played in November and December with the final on December 18. Spokesman Walter De Gregorio said the wint

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Prices of antibiotics to be slashed soon in Bahrain

Prices of some of Bahrain's most popular antibiotics are set to be slashed later this year, as part of a nationwide drive to reduce the cost of medication. Commonly prescribed medicines such as azithromycin or 'Zithormax&#

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