 Former Unaoil managers convicted in UK of Iraq bribery Two former managers of Monaco-based energy consultancy Unaoil have been convicted in Britain of bribing Iraqi officials to clinch lucrative oil projects as the war-ravaged country tried to boost more Former Unaoil managers convicted in UK of Iraq bribery 7/13/2020 11:40:00 PMAl Arabiyah |
Lebanese pound gains on airport re-opening, plans to support importers, say traders The Lebanese pound has strengthened against the US dollar on the informal market this month, partly thanks to travelers bringing in scarce dollars since the airport reopened, traders said. more Lebanese pound gains on airport re-opening, plans to su ... 7/13/2020 9:37:00 PMAl Arabiyah |
Tunisia seeking to delay loan repayments: Minister Tunisia is negotiating with Saudi Arabia, Qatar, France and Italy to delay loan payments expected this year because of the coronavirus crisis, Slim Azzabi, the investment minister, said on more Tunisia seeking to delay loan repayments: Minister 7/13/2020 9:37:00 PMAl Arabiyah |
Sudan hands out cash to ease economic crunch aggravated by coronavirus Sudan has begun distributing cash handouts under an internationally backed plan to help millions cope with an economic crisis aggravated by the coronavirus pandemic, recipients and the authorities more Sudan hands out cash to ease economic crunch aggravated ... 7/13/2020 8:33:00 PMAl Arabiyah |
IMF slashes Mideast, Central Asia growth forecasts on coronavirus, low oil prices The International Monetary Fund (IMF) has revised downwards its growth projections for the Middle East and Central Asia as economies were hurt worse than expected by the double blow of lower oil more IMF slashes Mideast, Central Asia growth forecasts on c ... 7/13/2020 8:14:00 PMAl Arabiyah |
Coronavirus: Bahrain adds $470 mln in COVID-19 impact spending to 2020 budget Bahrain will add around 177 million dinars ($470 million) to its 2020 state budget in emergency spending on fighting the new coronavirus pandemic, state news agency BNA said on Monday, reporting a more Coronavirus: Bahrain adds $470 mln in COVID-19 impact s ... 7/13/2020 8:07:00 PMAl Arabiyah |
Saudi oil exports in August to stay at July level as domestic consumption rises Saudi Arabia’s oil exports in August will remain the same as in July as the extra barrels the kingdom is set to pump next month under an OPEC+ deal will be consumed domestically to meet rising power more Saudi oil exports in August to stay at July level as d ... 7/13/2020 7:53:00 PMAl Arabiyah |
Dubai’s DEWA to employ Boston Dynamics’ robodog ‘Spot’ for internal operations The Dubai Electricity and Water Authority (DEWA) announced Monday that it would begin testing uses for the four-legged Spot robot from Boston Dynamics for internal operations.DEWA intends to use Spot more Dubai’s DEWA to employ Boston Dynamics’ robodog ‘Spot’ ... 7/13/2020 5:49:00 PMAl Arabiyah |
Oil prices fall on signs OPEC+ will lower output cuts Oil edged lower before this week’s OPEC+ committee meeting, which may confirm the group’s intention to taper production cuts even as the coronavirus surges in many countries.Futures in New York fell more Oil prices fall on signs OPEC+ will lower output cuts 7/13/2020 5:33:00 PMAl Arabiyah |
Google says it will spend $10 billion to accelerate digitization in India Google said it plans to spend $10 billion over the next five to seven years to help accelerate the adoption of digital technologies in India.Sundar Pichai, who was born in the country and is now chief more Google says it will spend $10 billion to accelerate dig ... 7/13/2020 2:21:00 PMAl Arabiyah |
Former Lebanon finance head says banks ‘smuggled’ $6 billion out: FT A top former finance official alleged that Lebanese banks “smuggled” out close to $6 billion since October despite blocking transfers abroad as the country plunged into financial crisis, the Financial more Former Lebanon finance head says banks ‘smuggled’ $6 bi ... 7/13/2020 12:54:00 PMAl Arabiyah |
India’s Reliance’s digital unit Jio wins Qualcomm backing in boost to 5G plans India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15 per cent stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The more India’s Reliance’s digital unit Jio wins Qualcomm back ... 7/13/2020 12:45:00 AMAl Arabiyah |
