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Libya oil exports threatened as NOC warns against port deal

  Reuters Libya’s hopes to boost crude exports have been dealt a blow after the head of the National Oil Corporation (NOC) objected to a deal between the government and local guards to reopen key ports. In a letter seen by Reuters to U.N. Libya envoy Martin Kobler and a number of oil and diplomatic officials, NOC chairman Mustafa Sanalla ...

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Saudi-based Artar aims Dubai property market makeover

  Emirates Business One of Saudi Arabia’s most prominent real estate development companies believes its first venture in the UAE can help mould the changing face of Dubai residential property over the next few years. Riyadh-based ARTAR Real Estate Development says a big focus on genuine liveability and a payment plan requiring only a 30% investment prior to completion has ...

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Saudi’s Jarir Marketing proposes lower Q2 dividend

  REUTERS The board of Jarir Marketing , one of Saudi Arabia’s largest retailers by market value, has proposed paying a cash dividend of 1.25 riyals per share for the second quarter of 2016, it said in a statement on Sunday. The company paid shareholders a 1.46 riyal dividend for the corresponding period of 2015.

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