Saturday 27 August 2016
 
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Saudi cement export ban lift to provide little relief to producers

The much anticipated lifting of the Saudi Arabia export ban on cement, which was mandated in 2008 and renewed in 2012, may allow little relief for the kingdom’s cement producers, according to a research note issued by Arqaam Capital, the e

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Japan lifts nuclear sanctions on Iran

Japan has lifted sanctions on Iran, falling in line with major world powers after the United Nations atomic energy agency confirmed that Tehran had fully taken steps to curb its disputed nuclear programme.   Chie

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Bahrain to lift power subsidies in March

Higher rates on water and electricity have been approved by Bahrain’s Cabinet, which plans to lift government subsidies in March. Those affected will include Bahrainis with more than one household, all expatriates, large companies and th

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Vistem launches mobile access platform for offshore sector

Vistem, a provider of game-changing technology to the oil and gas industry, has launched an innovative mobile access platform for the offshore sector that is set to bring significant cost, time and safety benefits to clients. &nbs

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3 Americans evacuated from Yemen to Oman

Three Americans have been air-lifted out of Yemen to Oman, the Omani foreign ministry said on Thursday, according to a report by the state news agency ONA.   The three were flown out of Yemen's capital, Sanaa

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Bahrain’s move to lift subsidies ‘right’

Bahrain’s decision to lift subsidies is essential when tackling financial challenges caused by falling oil prices, said British Ambassador Simon Martin. He was speaking at his first official media round-table yesterday, which was held at

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Meat subsidy to be lifted in Bahrain

Meat will be sold at non-subsidised prices in Bahrain from tomorrow (October 1) as the country gears up to lift the subsidy regime in phases. Bahrain Livestock Company chairman Ibrahim Zainal yesterday released new wholesale prices for meat wh

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Autos lift US consumer spending, sentiment slips

US consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that keeps the door open to a Federal Reserve interest rate hike this year.  

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Mammoet completes tandem lift at Dubai project

Mammoet, a leading service provider specialising in engineered heavy lifting and transport, has completed a complex tandem lift at the Palm Jumeirah Island in Dubai, UAE.    Beijing-based China State Constru

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Mammoet completes tandem lift at Dubai project

Mammoet, a leading service provider specialising in engineered heavy lifting and transport, has completed a complex tandem lift at the Palm Jumeirah Island in Dubai, UAE.    Beijing-based China State Constru

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