Injured Fabregas, Torres in Spain World Cup squad
MADRID: Spain coach Vicente del Bosque Thursday named injured players Cesc Fabregas and Fernando Torres in his final squad for the World Cup, along with Barcelona's uncapped keeper Victor Valdes.…
Egypt got it, Algeria did not
It was not surprising that FIFA punished Egypt after fans attacked Algeria's football team bus. That at least two Algerian players sustained head injuries from rock throwers in November's World…
Azerbaijan to build oil terminal in UAE's Fujeira
BAKU: Azeri state energy company SOCAR said on Thursday it has agreed with private Swiss trading house Aurora Progress to build an oil terminal in the United Arab Emirates' port…
Algiers refinery to shut Sept. 10 for maintenance
ALGIERS: Algeria's Sonatrach state energy firm will shut down its Algiers refinery for scheduled maintenance from Sept. 10 to Oct. 10 this year, a Sonatrach official said. The refinery, which…
Japan offers more crude from govt stocks in Okinawa
Japan has offered to sell more crude oil from its national reserves in Okinawa, the trade ministry said, as it looks to make room for top exporter Saudi Arabia to…
Dubai's Depa sees 2010 profit in line with 2009
DUBAI: Dubai-based interiors contractor Depa Ltd said on Thursday it is "cautiously optimistic" about 2010 and expects profit and revenues for the year to be in line with 2009. Depa,…
Bahrain annual inflation rises to 2.7 pct in April
manama: Bahrain annual inflation rose to 2.7 percent year-on-year in April from 1.8 percent in March, data showed on Thursday. The consumer price index of the Gulf kingdom stood at…
Investment Corp. of Dubai CFO Hegarty to step down
DUBAI: The chief financial officer of Investment Corporation of Dubai (ICD), the investment arm of the Gulf Arab emirate, will step down after two years in the post, in the…
Shell, others trim exposure to Iran crude
LONDON/DUBAI: Royal Dutch Shell and other oil companies are taking less Iranian crude because of poor economics and the difficulty of making financial transactions with Tehran, industry sources said on…
Asia Crude-Qatar sells July condensate
SINGAPORE: Qatar sold via tender up to five cargoes of Deodorized Field Condensate (DFC) for loading in July at stronger differentials on firm naphtha cracks, traders said on Friday. Qatar…