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Oil may rise to US$55 if all producers cooperate: Iran

  DUBAI / Reuters Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if an agreement is reached and non-OPEC producers cooperate. “We are receiving positive signals that increase the likelihood of agreement at the meeting … and I’m optimistic about the situation,” Zanganeh told ...

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USG Boral ME unveils major expansion at ‘The Big 5’

  Dubai / Emirates Business USGBORAL ME, the renowned manufacturer of interior finishing products, has begun production of metal ceiling panels from its Dammam factory in Saudi Arabia, the newest and latest plant for metal ceiling in the region for the past 5 years. The move marks a major expansion of the company’s product portfolio, which comprises plasterboard, ceiling lining ...

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UN envoy in Damascus as regime pounds Aleppo

  Aleppo / AFP Syria’s regime on Sunday pursued a relentless assault of rebel-held east Aleppo that has killed more than 100 civilians in recent days, as the UN’s peace envoy arrived in Damascus for talks. Air strikes, artillery fire and barrel bomb attacks continued through the night and into Sunday morning as the army pressed a new offensive that ...

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