For sanctions to work, lucrative haven must enforce them (read more…) – FINANCE
(MENAFN – The Peninsula) The UAE has emerged as the best destination for investors from its partners in the GCC, attracting 44,900 investors from...
For sanctions to work, lucrative haven must enforce them (read more…) – FINANCE
DUBAI, United Arab Emirates, Jan. 12 (UPI) — As the West and Iran confront each other in the Persian Gulf, both sides are wielding the oil weapon more than 40 years after it was first used in the Middle East. (read the story…)
LONDON (Reuters) – Western powers this week readied a contingency plan to tap a record volume from emergency stockpiles to replace nearly all the Gulf oil that would be lost if Iran blocks the Strait of Hormuz, industry sources and diplomats told Reuters. They said senior executives of the International Energy Agency (IEA), which...
MANAMA: Chicago native Mariam Khan never considered Islamic banking until her husband moved the family to Dubai in 2007. But the 36-year-old housewife is a believer now as the Western debt crisis deepens. (read more…)