Sunaina Rana / Emirates Business All-new compact and lightweight 3.0-liter V6 twin-turbo engine production kick starts at Nissan Motor Co.’s state-of-the-art engine manufacturing facility, the Iwaki Plant in Japan. The application of this specially designed engine would be witnessed in Infiniti Q50 sports sedan which would be making its debut in the Middle East by the third quarter of 2016. …

Emirates Business Experts from Indosuez Wealth Management commented at a media roundtable that low oil prices could be an impetus for change and reforms across the hydrocarbon-based economies of the GCC region. “This is clearly a time to push for change in the GCC countries, as there is immense pressure on state revenues due to lower oil prices. Challenging situations …

Reuters Iranian oil flows to Europe have begun to pick up from a slow start after sanctions were lifted in January, but trading sources say a lack of access to storage part-owned by Tehran’s Gulf Arab rivals now looms large on a list of obstacles. European countries accounted for more than a third of Iran’s exports, or 800,000 barrels a …