Sunday 13 July 2014

Iran oil exports fall in Sept, may slip further

Iran is struggling to arrest a decline in its oil exports and they could fall to new lows in the coming months due to Western sanctions, putting further strain on the country's financial resources, said a report. The drop in I


Arab govts 'struggle to shift jobs to choosy locals'

Across the Gulf, Arab governments seek to create more private sector jobs for citizens while reducing reliance on hundreds of thousands of expats, who fill posts in sectors ranging from construction and public transport to tourism,


Drake shares seen struggling on Dubai debut

Shares of contractor Drake & Scull International may face heavy selling on their debut on the Dubai bourse on Monday, according to traders. Drake - which specialises in mechanical, engineering and plumbing businesses - will list eight


Suzuki struggles as India demand slows

Suzuki Motor Corporation will record its first monthly fall in worldwide car production in 40 months as demand weakens in India and other markets, making it increasingly difficult for the company to meet various targets, its chief executive said.


ME struggles to check record inflation surge

Gulf Arab states launched emergency efforts to control soaring prices while inflation in Egypt hit a 19-year peak on Tuesday as spiralling costs for food and fuel threaten to damage economic growth and stir discontent. Qatar is to freeze t

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