A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading delays, with some waiting up to three weeks and costing ship operators around $75,000 a day per vessel.
Raber AG, a major Swiss fruit brand and producer of preserves, marmalades and jellies, has unveiled big plans for the Gulf region.
A family-owned business founded in 1877 at Lucerne, Switzerland, Raber AG is showcasing its key pro
Raber AG from Switzerland, a major producer of preserves, marmalades and jelly, has expanded into the Gulf region following a partnership deal with Emsons Group.
Dubai-based Emsons will start distributing Raber products from March.
Doha-based Al Jazeera Media Network said it will take legal action after finding out there was a deliberate effort to jam its satellite signal in Egypt.
The network received a technical report compiled by Integral Systems, a US-ba
The BBC said on Thursday that broadcasts had been disrupted in the Middle East and Europe, just weeks after its satellite transmission provider accused Iran of trying to jam US and European programmes.
Britain's public broadca
A return of relative stability to equity and credit markets is unlikely to last long unless recently-intensified funding strains on money markets show signs of easing soon.
Many strategists, puzzled by this apparently contradictory trend o
Microsoft Corp plans on Thursday to unveil a Web-based service for driving directions that uses sophisticated software to help its users avoid traffic jams, a report said.
The software technology system, called Clearflow, will provide driv