Wednesday 22 May 2013
 
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Kurds suspend oil exports over dispute

An Iraqi Kurdish official said the country's self-ruled northern Kurdish region has suspended oil exports over a payment row with Baghdad, a development that could add to souring relations between the Kurds and the central government.

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Mobily pre-paid sim cards' sale suspended

  Saudi Arabia's No.2 telecom operator Etihad Etisalat Company (Mobily) has been suspended from selling pre-paid sim cards by the industry regulator, the firm said in a statement to the Kingdom's bourse on Sunday.

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Bahrain Air suspends Dhaka, Dammam flights

Bahrain Air, the private national carrier of the Kingdom, today confirmed that it has been forced to suspend flights to Bangladesh capital Dhaka and Dammam in Saudi Arabia in its winter schedule which runs till the end of March.  

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Kingfisher Airlines' licence suspended

Kingfisher Airlines' licence to operate was suspended on Saturday after the debt-laden Indian carrier failed to address the regulator's concerns about its operations. Controlled by Vijay Mallya - the self-styled "King

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Egypt bourse suspends equity trading

The Egyptian Exchange suspended trading for half an hour on Monday after share prices soared following the country's presidential election result. The benchmark index was up 6.7 percent when trading was paused automatically, in line with s

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Kuwait's Emir suspends parliament

Kuwait's Emir has suspended Parliament for one month, state news agency Kuna said citing a decree, ahead of the planned questioning of the Interior Minister by Opposition members of the Assembly. The Emir, Sheikh Sabah al-Ahmad al-Saba

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UN halts Syria mission as violence rages

United Nations observers monitoring the turmoil in Syria suspended operations on Saturday in response to escalating violence which threatens to kill off a tattered peace plan brokered by international mediator Kofi Annan. General Robert Mo

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CNH Global suspends Iran sales

CNH Global, a leading Italian group majority-owned by Fiat Industrial group, said it has suspended sales to Iran, other than those required to fulfill binding contracts, in a move to support international diplomatic efforts. A&nb

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DFM firms achieve 100pc compliance

Dubai Financial Market (DFM) said its UAE-listed companies have shown a 100 per cent compliance in disclosing their first quarter financial results within the deadline of 45 days from the end of the period. Out of the 44 UAE public joint s

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Blow to Posco as India suspends green licence

An Indian tribunal has suspended the environmental licence for Korean group Posco's $12 billion steel project in the eastern state of Orissa, the country's biggest foreign direct investment, in a fresh blow to business confidence in Asia's third-l

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