Amazon to Acquire Middle Eastern E-commerce Retailer – Souq.com

Amazon to Acquire Middle Eastern E-commerce Retailer – Souq.com

By Christy Gren - Mar 24, 2017

Last year, when Souq.com was in talks with the American e-tailer Amazon.com to close a deal for selling around 30 percent stake, it had failed to do so. This just in, Amazon has ac

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US$1,000Billion revenue in crude oil exports for OPEC

US$1,000Billion revenue in crude oil exports for OPEC

By Carrie Ann - Mar 30, 2011

The Crude Oil producers’ Cartel OPEC,, is expecting a record US$1,000B (aka US$1T) in export revenue, a historic landmark for the cartel, if Crude Oil prices remain higher than 1

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Oil steadies on U.S economic recovery despite Libya, Syria and Yemen

Oil steadies on U.S economic recovery despite Libya, Syria and Yemen

By Carrie Ann - Mar 26, 2011

With official data released on Friday regarding U.S growth, demonstrating that the world’s largest oil consumer had recovered much better than had previously been expected,  oil

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UAE seaports set to become bigger and faster

UAE seaports set to become bigger and faster

By Aubrey Chang - Mar 21, 2011

With investments worth billions of dollars pouring in from port industries all over the world, UAE is all set to host the World Ports and Trade Summit (WPTS) from 28 – 30 March i

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Abu Dhabi takes over Cepsa from Total

Abu Dhabi takes over Cepsa from Total

By Carrie Ann - Feb 17, 2011

Abu Dhabi’s state-owned petroleum holding company International Petroleum Investment Co (Ipic), is all set to take full ownership of Spain’s second-biggest oil company, Ce

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Hosni’s Fall – The rise of Gold, Dollar and Swiss Franc!

Hosni’s Fall – The rise of Gold, Dollar and Swiss Franc!

By Tom Parker - Jan 29, 2011

Egypt violence surges leading to surges in the prices of crude oil with a fall in world stocks and the only one that was a tad bit happy is the Dollar that gained. Egypt’s Presid

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