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Majid Al Futtaim to bring American Girl to Middle East

  Dubai / Emirates Business Majid Al Futtaim, the leading shopping mall developer, retail and leisure pioneer across the Middle East and North Africa on Monday announced that it has secured an exclusive retail agreement with American Girl®, a division of Mattel, Inc. and a premium brand for girls known for its high-quality doll, content, and unforgettable experiences. American Girl’s ...

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Rosneft to pay $2.8 billion to join Egyptian gas block

  Bloomberg Rosneft PJSC agreed to pay as much as $2.8 billion to buy up to 35 percent of a natural-gas project off Egypt, joining Eni SpA and BP Plc in the largest discovery in the Mediterranean Sea. Rosneft will pay $1.13 billion for an initial 30 percent stake in the Shorouk concession, which includes the Zohr find, plus $450 ...

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Output cut deal boosts Asian energy firms

  Hong Kong / AFP Most energy firms in Asia jumped with a surge in oil prices on Monday after 11 non-OPEC countries agreed to huge cuts in crude production, while Saudi Arabia also signalled a bigger reduction in output than previously agreed. The 11 nations, led by Russia, said they would pump more than half a million fewer barrels ...

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