REUTERS Gulf Bank, Kuwait’s fourth-largest lender by assets, reported a 34.4 percent rise in second-quarter net profit on Sunday, as income from fees and investments edged higher. Net profit for the three months to June 30 was 11.93 million dinars, compared to 8.88 million dinars in the year-earlier period, a bourse filing said.Arqaam Capital had forecast Gulf Bank would ...

  Bloomberg Iran is in talks with Mitsui & Co. Ltd. and Total SA as part of its push to attract $60 billion in foreign investment to more than double the country’s capacity to produce petrochemicals over the next decade. State-run National Petrochemical Co. plans to increase output capacity to 150 million metric tons a year by 2026, Managing Director ...

  London / Reuters Iraq’s oil exports are set to rise in July, according to loading data and an industry source, putting supply growth from OPEC’s second-largest producer back on track after two months of declines. Iraq in 2015 provided OPEC’s biggest rise in supply. The growth has slowed this year due to maintenance and technical problems, and Iraqi officials ...