Mar 18 2012
MUSCAT Oman, located strategically on the opposite side of the Strait of Hormuz from Iran, said the risk of military conflict between Tehran and the West was rising but there was still plenty of opportunity to negotiate peace.
Mar 15 2012
DUBAI, March 15 Major money exchange
houses in the United Arab Emirates have stopped handling Iranian
rials over the last several weeks, executives at the houses
said, further reducing Iran's ability to trade and obtain hard
currency.
Mar 01 2012
ABU DHABI Former European central banker and chairman-designate of Swiss bank UBS Axel Weber said that he saw the problems facing European banks as the toughest unresolved part of the euro zone debt crisis, with much-needed capital hard to come by.
Mar 01 2012
ABU DHABI, March 1 Former European central
banker and chairman-designate of Swiss bank UBS Axel
Weber said that he saw the problems facing European banks as the
toughest unresolved part of the euro zone debt crisis, with
much-needed capital hard to come by.
Feb 29 2012
DUBAI The U.S. government has forced Dubai-based Noor Islamic Bank to stop channeling billions of dollars from Iranian oil sales through its accounts, part of Western measures to curb Tehran's disputed nuclear program.
Feb 29 2012
ABU DHABI Former U.S. Federal Reserve chairman Paul Volcker, who lent his name to historic restrictions on banks' financial market trading, says regulators should not back down in imposing the curbs and that additional reforms to markets are necessary.
Feb 29 2012
ABU DHABI, Feb 29 Former U.S. Federal
Reserve chairman Paul Volcker, who lent his name to historic
restrictions on banks' financial market trading, says regulators
should not back down in imposing the curbs and that additional
reforms to markets are necessary.
Feb 16 2012
DUBAI The Maldives' new leader said a presidential election could be held before the scheduled date of October 2013 provided conditions were right for a free and peaceful poll, after his predecessor quit last week amid a dramatic police mutiny.
Feb 16 2012
DUBAI The Maldives' new leader said a presidential election could be held before the scheduled date of October 2013 provided conditions were right for a free and peaceful poll, after his predecessor quit last week amid a dramatic police mutiny.
Feb 16 2012
DUBAI The Maldives' new leader said a presidential election could be held before the scheduled date of October 2013 provided conditions were right for a free and peaceful poll, after his predecessor quit last week amid a dramatic police mutiny.