Thursday 10 July 2014

'Nuclear deal needed for lifting all Iran sanctions'

The United States would like to see all sanctions on Iran lifted but that can only happen "in total" after a comprehensive deal on Tehran's nuclear programme is reached, a senior US official said on Thursday. The off


Improving economic data lifts shares as Syria risk eases

A delay in potential US military action in Syria and improving economic data from China and Europe boosted appetite for riskier assets on Monday, lifting world shares and sending the yen lower. Oil prices also fell after US Presid


Qatar urges firms to lift foreign ownership limit

Qatar is in talks with individual firms to raise foreign ownership limits yet is not planning a blanket increase despite a requirement by index complier MSCI, a Doha bourse official told Reuters. MSCI has extended a review on whether to up


Dubai's Nakheel bond plan 'lifting sukuk market'

Dubai World's promise to pay off its upcoming Nakheel Islamic bonds saved Nakheel from becoming the third high-profile sukuk to formally default in the region and providing relief that could translate into more liquidity down the road. Dub


Dubai Metro lifts 7m passengers since launch

Dubai Metro, the first driverless metro system in the Gulf region, has lifted 7,592,066 passengers through 11 stations on the Red Line since its launch in September last year, according to the Rail Agency of Roads and Transport Authority (RTA).


Turkey lifts scarf ban

Turkey's parliament has lifted a ban on female students wearing headscarves at university, a landmark decision that some Turks fear will undermine the foundations of their secular state. Prime Minister Tayyip Erdogan's ruling AK Party hail

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