Oil bears may underestimate the hurdles on the diplomatic path to Iran’s return to world energy markets.
The EU has picked Fernando Gentilini, an official who has worked for NATO in Afghanistan, as the new envoy.
OPEC issued a set of production figures as reported to its Vienna Secretariat by member-countries this week, without any countries missing from the total for the first time in months.
Boeing’s Middle East president Jeff Johnson said that the US stands for free trade.
No details were given on the reasons for the resignation, but the government said the emir had expressed understanding for the causes behind his move.
The project will be built in the long-term, depending on market conditions, says Ali Rashid Lootah.
Authorities found 140 detonators, 41 electrical circuits, a remote control device and some cellular telephones hidden inside electrical appliances on the bus.
Brent crude oil fell to around $54 a barrel on Monday, its lowest for more than a month.
The Saudis have in the past said a political transition in Syria cannot begin unless President Bashar al-Assad leaves power.
The lender plans to target affluent and high net worth individuals in Egypt.
In its monthly report, OPEC left its forecast for 2015 world oil demand growth unchanged.
Kuwait, Saudi Arabia and the United Arab Emirates each offered $4 billion to Egypt.
The flagship phone, featuring a 20MP main camera, will be priced at Dhs2,749.
BBK has returned to the market in its first debt issue since 2010 to refinance an existing $500 million bond maturing in October.
The resort will have 136 rooms, residential villas, a polo academy, a polo club and a riding school.
The conglomerate plans to boost its existing manufacturing facilities and improve R&D in the kingdom.
The sharia-compliant institution is expected to raise funds before end-April, sources said.
The official did not specify which company will be listed.
Christine Lagarde reiterated the IMF’s forecast that the world economy would grow by just 3.5 per cent this year and 3.7 per cent in 2016.
Saudi Arabia sees Iran as its main regional rival and fears that an atomic deal would leave the door open to Tehran gaining a nuclear weapon.
The fully veiled suspect allegedly threatened employees of an Abu Dhabi money exchange with a fake plastic gun.
The company said in a Dubai bourse statement on Monday that it was not involved in developing the planned new capital to the east of Cairo.
It is the first known dialogue between the Shi’ite Muslim group and the neighbouring Sunni country since Houthis took over last year.
Egypt’s prime minister said investment deals worth a total of $36 billion were signed at the summit.
The group aims to operate a total of 20 clinics in the country within the next three years.
Egypt, which has a population of about 90 million, has been hit hard by economic and political upheaval.
The housing ministry signed MoUs with Egypt’s Mountain View and Palm Hills, Saudi Arabia’s Sisban Holdings and a consortium of Arab firms.
The firms are looking at developing renewable projects with a capacity of 2 GW in Egypt.
The HLS – DSE JV will work under the main contractor of the project, the Habtoor Leighton Group (HLG), to deliver the MEP works of the project.
Sweden cancelled a defence cooperation accord with Saudi Arabia last week over rights concerns.