by Wael Mahdi | Dec 18, 2015 | Business, Latest News
Declining oil prices on Thursday recorded their lowest in 11 years due to the American dollar high hit against a basket of currencies, after the Federal Reserve decided to raise interest rates for the first time in 10 years, in addition to expectations of increase in...
by Sharif Abdul-Hamid | Aug 6, 2013 | Business
Majid Jafar, CEO of UAE’s “Crescent Petroleum” and member of the board of directors delegated to “Dana Gas” has said investors from several areas where the company invested and increased productivity were very optmisitc. He admitted that the current value of...
An Afghan trader fans herbs called spand at a market in Kabul on July 15, 2013. Source: AFP Photo/Massoud Hossaini
by Asharq Al-Awsat | Jul 29, 2013 | Business
Kabul, Reuters—Afghanistan hopes an agreement with Iran to use one of its ports will help boost exports to Europe and India and reduce its dependence on neighbouring Pakistan’s ports for trade. Iran will allow land-locked Afghanistan to use the port to export...
by Asharq Al-Awsat | Jul 10, 2013 | Business
Beijing, Reuters—China warned on Wednesday of a “grim” outlook for trade after a surprise fall in June exports, raising fresh concerns about the extent of the slowdown in the world’s second-largest economy and increasing the pressure on the...