Tuesday 30 September 2014
 
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Kuwait seals naphtha deal with Asian buyer

Kuwait Petroleum Corp (KPC) has sealed a December 2014 to November 2015 full-range naphtha deal with at least one Asian buyer at $15 a tonne above Middle East quotes on a free-on-board (FOB) basis, traders said on Friday. This was

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Asian, western firms bid for UAE oilfields

Asian and western firms have bid to help operate the UAE's biggest oilfields after a deal with oil majors expired this year but the Gulf Arab state is yet to decide whether to let Asian oil buyers in for the

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Saudi Telecom Q2 profit nearly doubles

Saudi Telecom Company (STC), the Gulf's biggest telecommunications operator by market value, reported a 96 percent surge in second-quarter profit on Monday, beating analysts' estimates because of a change in the valuation of an Asian div

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Asian skyscraper prices tower over rest of the world

The Asian towers dominated Knight Frank’s Skyscraper Index of the most expensive high rise office space in the world.    The Skyscraper Index was based on the commercial value on an analysis of the cap

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Credit card thief jailed in Bahrain

A Saudi Arabian man who targeted Asians to steal credit cards has been jailed for five years. The 41-year-old was caught after approaching an Indian victim pretending to help him withdraw cash from an ATM machine at a mall in Nuwa

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23pc UAE mobile subscribers 'to use MNP'

About 23 per cent of mobile subscribers in the UAE are likely to utilise ‘mobile number portability’ service in the near future, said a survey. The Syndicated Report by Dubai-based research and consulting firm AMRB, re

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US senators hint at possible fiscal deal

A month of combat in the US Congress over government spending showed signs on Monday of giving way to a Senate deal to reopen shuttered federal agencies and prevent an economically damaging default on federal debt. The news led to an

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Asian universities improve ranking

Leading Asian universities are catching up with their competitors in Britain and the US in rankings, measuring everything from reputation to research funding, released on Wednesday.    The top institutions i

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Asian shares run out of steam after rally

Asian shares ran out of steam on Friday as investors pondered what policy the US Federal Reserve will pursue after it triggered a global market rally by leaving its stimulus level unchanged. &

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AUD to host Harvard conference in Dubai

The American University of Dubai (AUD) is set to host the Harvard Project for Asian and International Relations (HPAIR) conference starting tomorrow. The five-day conference is themed ‘Extending Horizons: Charting Asia&rsquo

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