Friday 28 August 2015
 
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ceiling

Iran says Opec unlikely to change output ceiling

The Organization of the Petroleum Exporting Countries (Opec) is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said, according to the semi-official Mehr news agency.

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Bahraini MPs veto move to raise debt ceiling

Bahrain’s national accounts hang in the balance after parliament yesterday (March 24) voted overwhelmingly to veto a decision to raise the country's debt ceiling - four months after it was taken. Thirty MPs, including pa

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Dutch firm unveils special ceiling for GCC

Dutch firm Hunter Douglas said it has launched a new ceiling that can safely handle the GCC’s harsh climate while promoting sustainable building design. Sustainable building is booming in the Middle East, and is set to grow

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Opec agrees to renew 30m bpd output ceiling

Opec agreed on Wednesday to renew its oil production ceiling of 30 million barrels a day for the second half of this year, in a widely anticipated decision. The 12-member Organisation of the Petroleum Exporting Countries is satisf

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Qatari firm to raise foreign ownership cap to 49pc

Qatar's emir has instructed all companies listed on the country's stock exchange to raise their limit for foreign ownership to 49 percent in a move that could attract more liquidity to the buoyant bourse. The order announc

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Hunter Douglas launches new ceiling panels

Hunter Douglas, a Dutch window coverings and architectural products manufacturer, has launched a new range of adjustable and environmentally-friendly ceiling panels that aim to enhance sustainability and sound absorption. The new

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90 hurt as ceiling collapses at London theatre

Emergency services said nearly 90 people were injured on Thursday when part of the ceiling collapsed during a performance at a packed London theatre, bringing the city's West End entertainment district to a standstill. The aud

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Gold holds gains, focus on US debt ceiling talks

Gold traded in a narrow range on Thursday and largely held on to overnight gains of nearly 1 per cent as an upcoming Chinese holiday kept investors on the sidelines and their focus turned towards the US debt ceiling talks. The US

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Washington to Wall Street: Threat of default is real

Money lenders trust America so implicitly that they generally dismiss the risk it won't pay its debts. But in the US capital, fears are growing that political dysfunction might trigger the unthinkable. Government veterans from

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Abu Dhabi mulls debt ceiling for govt borrowers

Abu Dhabi is considering a debt ceiling for the state and government-related borrowers, a debt official said on Wednesday. 'We think there could be that kind of thing, maybe a bit more of a soft ceiling, it's difficult to say right

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