OPEC’s own production rose by 106,000 bpd in May to 30.57 million bpd led by higher output in Saudi Arabia.
Saudi Arabia and Oman have so far signed up to buy Typhoon jets and the plane is also vying for a UAE deal.
The new operating system comes with a host of new features such as Control Center, AirDrop and an improved Siri.
Demonstrations began two weeks ago and so far three people have been killed and about 5,000 hurt.
The company, which operates brands such as Sharaf DG and Forever 21, is rapidly expanding across the region.
Members of the Lebanese militant group Hezbollah intervened in Syria’s civil war in support of President Bashar al-Assad.
Two refiners in India have asked for additional cargoes to make up for a loss of supplies from Iran, say sources.
About 69 per cent of Middle Eastern institutional investors polled by Natixis expected to increase allocations to alternatives.
Both Washington and Amman said on Sunday the Eager Lion exercises were not related to the war in Syria.
Airbus’ new A350 plane was unveiled to the world’s media in Toulouse, France, after months of secrecy.
The contract to build Saraya Aqaba was awarded to a consortium of Arabtec, Drake and Scull and Consolidated Contractors Co.
Prince Alwaleed has attacked the U.S. magazine’s ranking of world billionaires as flawed and biased against Middle Eastern businesses.
Mondelez International’s president for EEMEA said the maker of Oreo cookies has spent at least ten years on research.
Is continuing instability and stalled LNG production in the Middle East causing the region to lose its competitive advantage?
Spot gold fell 0.3 per cent to $1,399.16, as a gold import duty hike in India raised worries about future demand.
Prices are being supported by worries that the political situation will worsen in the Middle East.
Sectarian violence fuelled by Syria’s civil war has broken out in the northern Lebanese city of Tripoli.
The deal marks Qatar’s first major investment in a listed Indian company.
L&T will build a plant with a processing capacity of 75 million standard cubic feet per day.
Spot gold rose 0.5 per cent to $1,406.26 an ounce, after falling 0.9 per cent on Tuesday due to new import rules imposed by India.
Emaar MGF Land has been accused of using overseas funds to buy agricultural land, which is not allowed.
Regional carriers are benefitting from increased passenger demand and high connectivity.
The telecoms operator will offer 55.9 million shares at one dinar each.
The German airline’s CEO Christoph Franz said that Lufthansa may enter a partnership, but there was “no rush.”
Hundreds of police and protesters have been injured since riots began on Friday.
DHL and Microsoft lead the list, finds the latest survey by Aon Hewitt.
The GCC has called Hezbollah’s involvement in Syria “sectarian intervention”.
The Abu Dhabi carrier will offer non-stop flights to Sao Paolo three times a week.
Development of sharia-compliant hedging tools is making it easier for issuers to invest in foreign currency assets, say experts.
The project will allow both countries to share power of up to 3,000 megawatts.