KHOBAR: Deals to build Saudi Aramco's Wasit gas plant, the Kingdom's largest, are worth $2.5 billion, industry sources said.
Aramco last week selected South Korean companies to build Wasit, which has a gas processing capacity of 2.5 billion cubic (...)
KUALA LUMPUR/MANAMA: Global sales of Islamic bonds are forecast to rise nearly 60 percent this year to more than $22 billion this year as economic recoveries and high crude oil prices revive the market, a Reuters quarterly poll showed.
An upswing (...)
Just when Italy's center left appeared demoralized beyond repair, it has found a new leader who has managed to put Prime Minister Silvio Berlusconi on the defensive over his restrained response to the recession.
The Democratic Party, which fell (...)
Citigroup Inc., the second-largest US bank by assets, is weighing a sale of all or part of the company, including the Smith Barney brokerage, the credit card unit and the transaction services unit, after its stock lost 50% this week, the Wall Street (...)