Bloomberg OPEC’s surprise deal to reduce crude production isn’t only supporting oil prices, it’s helping drive gains across commodities and the companies that produce them. The Bloomberg Commodity Index, a measure of returns from 22 raw materials, extended gains after the biggest jump in almost three weeks on Wednesday, when OPEC agreed to cut output for the first time …

  Manama / Emirates Business Tenmou, Bahrain’s first ‘Business Angels’ organisation, in strategic partnership with the Economic Development Board (EDB) is preparing to host the third Middle East North Africa (MENA) Angel Investors Summit at the Ritz Carlton Hotel , Bahrain on November 22-23. More than 40 start-ups are expected to attend the event. The Summit aims to provide a …

  PARIS / Reuters PSA Peugeot Citroen said it plans to sell more than 150,000 Peugeot vehicles in Iran in the second half of this year as the French carmaker seeks to reclaim the leading position it once enjoyed in the country. Peugeot, the biggest-selling European automaker in pre-sanctions Iran, suspended sales in 2012 when an international boycott due to …