Debris on Malaysia's east coast not from flight MH370Aviation officials said on Friday a metal object recovered from Malaysia's east coast a day earlier was not from missing Malaysia Airlines flight MH370. It was the second time in a week authorities have dis More… |
Mideast OFS spend to recover as oil prices riseMiddle East and Asia, the onshore dominated regions, is set to see a recovery in expenditure as oil prices rise, due to the sensitivity of onshore driving activity to changes in oil price, according to a recent forecast. The Dougl More… |
Weapons seized from religious centre in BahrainReligious buildings face closer scrutiny after police announced weapons had been recovered from a Shi'ite community centre, which went up in flames during clashes on February 14. The Abu Baham Ma'atam, in Sehla, caught fir More… |
Mobily to help businesses recover from technical disastersSaudi Arabia-based telecommunications operator Mobily has contributed to the innovation of new and efficient services to the business sector in the kingdom. There is a need for business continuity solutions to enable companies to More… |
Egypt's Juhayna set for recovery after ‘difficult year’Juhayna, Egypt's largest producer of packaged juice and dairy products, expects its profits to recover next year after an increase in the cost of raw materials squeezed margins this year, its chairman said. Safwan Thabet said More… |
Royal Jordanian to get $141m cash injectionRoyal Jordanian Airlines will receive a cash injection of 100 million dinars ($141 million) this year, which will help the carrier recover from operational losses on its Middle Eastern routes, an executive said on Monday. More… |
Expert alerts Bahrain over oil spills in GulfIt could take up to seven years for Gulf waters to recover from any chemical or oil spill, an expert has warned during a workshop designed to ensure Bahrain is ready to cope with an environmental disaster. The More… |
Gold demand recovers in Q2: reportA strong recovery in consumer demand for gold has continued in the second quarter, with numbers up from the previous quarter, said a report. The latest edition of the quarterly summary of the state of gold worldwide, published by More… |
Oil recovers on China growth stimulus hopesOil prices recovered on Monday, with US crude up 0.5 per cent to hit $91.91 a barrel, after falling more than one per cent on Friday mainly on hopes that China could take new steps to stimulate growth and lift fuel demand at the world's second More… |
Gold retreats from record as markets recoverGold prices retreated from early record highs near $1,900 an ounce on Monday, as a rebound in stock markets from last week's lows gathered pace, denting interest in so-called safe haven assets like German bunds and bullion. Although th More… |