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Bahrain records fourth hottest JuneLast month was the fourth hottest June on record, said meteorologists, adding that the average daily temperature was 34.7C, more than 2C above the normal. "This goes on record as the fourth highest mean monthly temperature for June and is More… |
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Iran oil exports fall further; sanctions biteIranian oil exports are falling further in June as more customers in Europe and Asia stop or scale back purchases ahead of European Union sanctions aimed at slowing Tehran's nuclear programme. Crude exports from Iran this month have dr More… |
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Gold posts worst closing since JuneGold fell further on Monday but could attract bargain hunters after posting its worst closing since June in the previous session as the dollar rallied against the euro on growing doubts about Europe's ability to resolve its debt crisis. Sp More… |
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Air passenger demand ticks up 4.4pc in JuneGlobal traffic showed a slight softening in demand in June for both passenger and freight markets, with the passenger traffic rising 4.4 per cent while freight was 3 per cent lower, as compared to June 2010. The trend for passenger travel More… |
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Iran June inflation ticks up to 15.4pcIran's inflation rate in the month to June climbed to 15.4 per cent from 14 per cent a month earlier, local media said on Wednesday, quoting Central Bank Governor Mahmoud Bahmani. "The year-on-year inflation rate in the Iranian month of kh More… |
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UAE inflation up 1.7pc in JuneAnnual inflation in the UAE soared to 1.7 per cent in June as food prices hit a nine-month high, official data showed yesterday, but the housing component helped contain price pressures. On the month, living costs rose to an eight-month hi More… |
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Dubai June inflation at 10-month high on foodConsumer prices in Dubai rose by 0.5 percent on a monthly basis in June, the fastest pace in 10 months, fuelled by the fastest food price rises in three years, data showed on Wednesday. Price pressures in the United Arab Emirates state hav More… |
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June sets new record for hottest monthLast month has gone on record as the fourth hottest June ever in Bahrain, with the average temperature for the month at 34.6C, 2.2C above the usual, said the kingdom’s Civil Aviation Affairs (CAA) Meteorological Directorate. "This goes on More… |
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Saudi plans big oil output hike as Opec meetsSaudi Arabia is planning to lift oil output sharply in June, whatever policy Opec adopts this week, in an effort to rein in high fuel prices. Riyadh expects to lift production by more than 500,000 barrels a day in June to its highest for t More… |
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Opec ‘unlikely to change output in June’Opec members with spare capacity are ready to pump above agreed limits if there is a need, but the producer group is unlikely to formally change output targets at a meeting in June, Gulf delegates told Reuters on Monday. Top producer Saudi More… |
