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Iran shipped ‘surplus’ heavy water to Oman: Report

  DUBAI / Reuters Iran has sent some ‘surplus’ heavy water to Oman, an Iranian nuclear spokesman was quoted as saying, after a UN atomic watchdog said Tehran was over a soft limit set under its nuclear deal with major powers. “In view of the progress of talks with several foreign firms and countries to purchase heavy water, some quantities ...

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Egypt remains star performer among its peers in region

  CAIRO / Emirates Business Egypt remains the star performer among its peers in the region rising 5 percent over last week and breaking the 11,000 level for the first time since 2008. The rise is backed by positive investor sentiment regarding the IMF support of much needed funding. Stocks continue to rise after the currency declined by more than ...

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Iraq to facilitate OPEC supply cut agreement

  DUBAI / Reuters Iraq’s oil minister Jabar Ali Al Luaibi will make suggestions at a meeting of OPEC oil ministers at the end of the month to implement an agreement to restrain crude supply in order to push up prices, according to a statement from his ministry on Monday. The statement didn’t indicate what these suggestions are but hinted ...

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