The fall of Middle East regimes and renewed conflict there have squeezed oil supply, returning the region's politics to the fore as an energy worry for the world.
Oil outages in Iraq, South Sudan, Libya and Iran are combining
The European Union's jet fuel imports from the Middle East are likely to escape a tariff that would have raised prices from next year, thanks to a waiver, EU sources and traders said.
Leading Middle East oil producers are to l
An index of online job demand in the Middle East based on a real-time review of thousands of employer job opportunities has gained 28 per cent on an annual basis.
The Monster Employment Index is culled from a large representative selectio
The UN nuclear agency has invited all its members, including Israel, Arab states and Iran, to attend rare talks later this year about the volatile Middle East and efforts to rid the world of atomic bombs, a document showed.
While Israel an
Russell Investments, the global investment management company, has appointed Jim Leggate as managing director of its Middle East region.
Leggate joins Russell as it embarks on an ambitious expansion plan across the GCC, as part of a wider
Online job opportunities in Bahrain grew 32 per cent in the first half of 2011 over the same period last year, marking the highest growth in seven Middle East countries, according to a report.
Opportunities in Kuwait grew by 23 per cent in
Hotel occupancy in the Middle East was recorded at 60.4 per cent during the month of May, representing a decline of 1.8 per cent from the corresponding period in 2010, said a report.
The region’s RevPAR (revenue per available room) also wi
Economic shocks from political turmoil in the Middle East and the earthquake in Japan have knocked about $2.4 billion off this year's global advertising expenditure, leading media buyer ZenithOptimedia estimates.
The Publicis-owned agency
Oil was steady on Monday with Brent stabilising near $116 as investors looked to geopolitical factors to maintain near-record long speculative positions, while flaring unrest over the weekend was limited to minor crude exporters Syria and Yemen.