Iraqi oil exports record high in December
BAGHDAD: Oil exports from southern Iraq have held near a record high in December, cementing its role as the world's...
Largest cargo ship expects to arrive at Oakland Port
OAKLAND: A quarter-mile-long megaship that's the largest cargo ship ever to visit the U.S. is expected to arrive at the...
Govt loses Rs 50b revenue in first 5 months of current fiscal
KATHMANDU: The government has failed to meet 31 per cent of its revenue collection target in the first five months...
Africa to expand cotton exports to developed countries
KAMPALA: African countries can now export their cotton to developed countries duty-and quota-free as from January 2016 following a global...
Kenya economy grows 5.8% in Q3 of 2015
NAIROBI: The economy grew 5.8 per cent in the third quarter of 2015, driven by construction and agriculture and helped...
Global DIY motherboard shipments to drop 21.7% in 2015
WASHINGTON: There will be an estimated 54 million DIY motherboards shipped globally in 2015, decreasing 21.7% on year, according to...
LNG terminal to come up at Krishnapatnam port
CHENNAI: In a major boost to industrial development in Nellore region, an LNG terminal being promoted by the LNG Bharat...
Indonesia’s inflation sees at 0.5% in Dec
JAKARTA: Indonesia's month-on-month inflation in December is seen at around 0.5 perc ent, chief economics minister Darmin Nasution told reporters...
Ukraine’s central bank reports 44% climb inflation in 2015
KIEV: Ukraine’s Central Bank has reported a 44 percent hike in inflation this year. However, Kiev’s economists are optimistic about...
Inflation rate in Russia to be 10% in Q2 of 2016
MOSCOW: Inflation in Russia will be under 10 percent only in the second quarter of 2016, Russia's Minister of Economic...
Russian rough diamond exports drop 28% to 5.416m carats in Q3
MOSCOW: For the third quarter of the current year, Russia’s rough diamond exports dived 28 percent on y-o-y basis to...
Nigeria earns N413b from LNG gas export within 3 months
ABUJA: Nigeria earned N412.983 billion from the export of Liquefied Natural Gas, LNG, Liquefied Petroleum Gas, LPG, also known as...
Irish tourism industry expected earning €7.3 bln in 2015
DUBLIN: The tourism industry is estimated to have brought in €7.3 billion this year. Overseas visitors to Ireland spent an...
Lebanese customs seizes 5 tonnes of drugs at Beirut Airport
BEIRUT: Lebanese customs seized five tonnes of Captagon amphetamine pills and hashish at Beirut airport on Tuesday, concealed in primary...
Saudi Arabia announces 2016 fiscal budget
RIYADH: The government’s budget for the 2016 fiscal year (31 December 2015 to 30 December 2016) was endorsed by the...
Islamic Development Bank agrees to loan $270m to Turk Eximbank
ANKARA: The Islamic Development Bank (IsDB) has agreed to loan $270 million to Turkiye Ihracat Kredisi Bankasi (Turk Eximbank), the...
South Korea restarts imports of Canadian beef
SEOUL: South Korea has resumed quarantine inspections of Canadian beef after no mad cow cases have been reported in the...
Timure Customs to collect annual revenue target within 40 days
RASUWA: The Timure Customs Office has been able to collect the annual target of revenue collection within 40 days. The...
Greater Beverly Chamber welcomes Art Exchange
NEW YORK:The Greater Beverly Chamber of Commerce welcomed Beverly’s new business, the Art Exchange, with a ribbon-cutting ceremony Dec. 11....
Norway to verify shipment of 60 tons raw uranium to Iran
STOCKHOLM: Norway says it has helped verify a shipment of 60 tons of raw uranium to Iran as part of...
