Saudi’s Almarai buys bakery manufacturer in UAE, Bahrain
Dubai (Reuters) – Saudi Arabia’s Almarai, the Gulf’s largest dairy company, said on Tuesday it had agreed to buy frozen
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Business
Abu Dhabi Airports asks banks to pay $800 mln in guarantees amid funding disputes
Dubai (Reuters) – State-owned Abu Dhabi Airports has called on almost three billion dirham ($816.82 million) worth of guarantees issued
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India readies Saudi oil import cut as stand-off escalates – sources
New Delhi (Reuters) – Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter
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‘I’ll believe it when I see it’ – Saudi Arabia doubts oil recovery and keeps taps tight
London (Reuters) – This week’s surprise decision by Saudi Arabia and other top oil producers to broadly stick with output
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India merchants almost halt exports to Iran as its rupee reserves fall
Mumbai (Reuters) – Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers for commodities such as
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Kuwait reappoints oil, finance ministers in new Cabinet
Kuwait (Reuters) – Kuwait’s Emir Sheikh Nawaf al-Ahmad al-Sabah issued a decree on Tuesday approving a new Cabinet that reappointed
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Aramco seeks one-year extension on $10 billion loan: sources
Dubai (Reuters) – Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last
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Pakistan struggling to repay China Belt and Road loan, to seek debt relief
Karachi (Bloomberg) – Pakistan plans to ask China for relief on payments for power projects Beijing financed over the past
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Chinese state newspaper omits Jack Ma from list of entrepreneurial leaders
Shanghai (Reuters) – Alibaba Group founder Jack Ma has been left off a list of Chinese entrepreneurial leaders published by
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Dubai, Israel trade reaches $272 mln since normalization deal: Statement
Dubai (Reuters) – The trade between Dubai and Israel has reached 1 billion dirham ($272 million) over the last five
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