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  1. REFILE-Yemen govt curbs travel, recruitment in austerity drive

    Headlines

    Thu, 10 Jul 2014

    DUBAI , July 10 (Reuters) - Yemen's president has ordered a raft of austerity steps, including a review of state-owned companies' viability and curbs on foreign travel by government officials, to ease...

  2. Kuwait's Zain says $4.5 bln lawsuit against Iraqi unit dismissed

    Headlines

    Thu, 10 Jul 2014

    DUBAI , July 10 (Reuters) - An Iraqi court has dismissed a $4.5 billion lawsuit against Zain Iraq and the country's top telecom operator will now seek to get a freeze on some of its earnings removed, its Kuwaiti parent Zain said on Thursday.

  3. REFILE-Yemen govt curbs travel, recruitment in austerity drive

    Headlines

    Thu, 10 Jul 2014

    DUBAI , July 10 (Reuters) - Yemen's president has ordered a raft of austerity steps, including a review of state-owned companies' viability and curbs on foreign travel by government officials, to ease...

  4. Update: Boeing's Widebody Aircrafts Are On A Roll

    Headlines

    Thu, 10 Jul 2014

    By BB Research : In a deal , Emirates has finalized to buy 150 777X widebody jets from Boeing ( BA ) for $56 billion. Dubai -based Emirates is the world's largest operator of Boeing's 777 aircrafts. Boeing's 777X is the next-generation widebody

  5. Exclusive: UAE bourses merger shelved as terms not agreed - sources

    Headlines

    Thu, 10 Jul 2014

    ABU DHABI (Reuters) - A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the foreseeable future as terms for the politically sensitive move could not be agreed, sources told Reuters on Thursday.

  6. CORRECTED-UPDATE 1-Qatar sells $443 mln of LSE shares at 1915p - source

    Headlines

    Thu, 10 Jul 2014

    LONDON/ DUBAI , July 10 (Reuters) - Sovereign wealth fund Qatar Holding has sold 260.1 million pounds ($442.6 million) worth of shares in London Stock Exchange Group (LSE), a source familiar with the...

  7. MIDEAST STOCKS - Factors to watch - July 10

    Headlines

    Wed, 9 Jul 2014

    DUBAI , July 10 (Reuters) - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch of their accuracy.

  8. Iran cuts Aug Light crude OSP for Asia by 20 cents -traders

    Headlines

    Wed, 9 Jul 2014

    Asian buyers at $2.30 a barrel above the average of Oman/ Dubai quotes, traders said on Thursday, down 20 cents from the month ..... shows August crude prices to Asia as differentials to the Oman/ Dubai average. Prices for Soroush and Norouz are quoted as differentials

  9. Saudi British Bank Q2 profit rises 15.2 pct, beats estimates

    Headlines

    Wed, 9 Jul 2014

    DUBAI , July 9 (Reuters) - Saudi British Bank (SABB), the kingdom's fifth-largest listed lender by assets, posted a 15.2 percent increase in its second-quarter net profit, it said in a bourse statement on Wednesday, beating analyst forecasts.

  10. Emirates finalizes $56 billion order for 150 Boeing 777X planes

    Headlines

    Wed, 9 Jul 2014

    (Reuters) - Dubai airline Emirates [EMIRA.UL] finalized a $56 billion order to buy 150 Boeing 777X jets on Wednesday, firming up a commitment made last year, just weeks after scrapping an order with rival planemaker Airbus .

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