Sunday 28 August 2016
 
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recover

Debris on Malaysia's east coast not from flight MH370

Aviation officials said on Friday a metal object recovered from Malaysia's east coast a day earlier was not from missing Malaysia Airlines flight MH370.   It was the second time in a week authorities have dis

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Mideast OFS spend to recover as oil prices rise

Middle East and Asia, the onshore dominated regions, is set to see a recovery in expenditure as oil prices rise, due to the sensitivity of onshore driving activity to changes in oil price, according to a recent forecast. The Dougl

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Weapons seized from religious centre in Bahrain

Religious buildings face closer scrutiny after police announced weapons had been recovered from a Shi'ite community centre, which went up in flames during clashes on February 14. The Abu Baham Ma'atam, in Sehla, caught fir

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Mobily to help businesses recover from technical disasters

Saudi Arabia-based telecommunications operator Mobily has contributed to the innovation of new and efficient services to the business sector in the kingdom. There is a need for business continuity solutions to enable companies to

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Egypt's Juhayna set for recovery after ‘difficult year’

Juhayna, Egypt's largest producer of packaged juice and dairy products, expects its profits to recover next year after an increase in the cost of raw materials squeezed margins this year, its chairman said. Safwan Thabet said

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Royal Jordanian to get $141m cash injection

Royal Jordanian Airlines will receive a cash injection of 100 million dinars ($141 million) this year, which will help the carrier recover from operational losses on its Middle Eastern routes, an executive said on Monday.  

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Expert alerts Bahrain over oil spills in Gulf

It could take up to seven years for Gulf waters to recover from any chemical or oil spill, an expert has warned during a workshop designed to ensure Bahrain is ready to cope with an environmental disaster.   The

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Gold demand recovers in Q2: report

A strong recovery in consumer demand for gold has continued in the second quarter, with numbers up from the previous quarter, said a report. The latest edition of the quarterly summary of the state of gold worldwide, published by

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Oil recovers on China growth stimulus hopes

Oil prices recovered on Monday, with US crude up 0.5 per cent to hit $91.91 a barrel, after falling more than one per cent on Friday mainly on hopes that China could take new steps to stimulate growth and lift fuel demand at the world's second

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Gold retreats from record as markets recover

Gold prices retreated from early record highs near $1,900 an ounce on Monday, as a rebound in stock markets from last week's lows gathered pace, denting interest in so-called safe haven assets like German bunds and bullion. Although th

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