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Oman’s Salalah port invest $600m in loans to take interest
MUSCAT: Sembcorp Salalah Power and Water, an independent water and power producer based in Salalah, is seeking to refinance about...
Saudi Arabia likely to earn $27b from 15b riyals bonds
RIYADH: After an eight-year interlude, Saudi Arabia’s government bond sales are coming alive. The desert kingdom that’s home to both...
Children who speaks lay, have better thinking ability than other: Study
WASHINGTON: Children who are good at lying have better verbal working memory and thinking skills, a new study has found...
Cuba may get oil help from Angola: report
HAVANA: Cuba expects to kick start its deepwater oil exploration activity with assistance from Angola's state-run energy company Sonangol, a...
Argentina: Arcos Dorados announces key management changes
BUENOS AIRES: Arcos Dorados (ARCO), Latin America’s largest restaurant chain and the world’s largest McDonald’s franchisee, today announced the appointment...
Nigeria customs seizes N2.8b drugs at Lagos airport
ABUJA: Narcotic drugs weighing 455.215kg, with a street value of N2.8 billion, as well as $2.5 million, have been confiscated...
Dubai customs arrests woman for smuggling 4.5kg of cocaine
DUBAI: A woman carrying 4.5 kg cocaine in her underwear was arrested at Dubai International Airport. Police became suspicious of...
Italian police seize 49kg of cocaine hidden in squid shipment from Argentina
ROME: Italian police seized 49 kilograms of pure cocaine hidden in a squid (Illex argentinus) shipment from Argentina. The Argentine...
Brazilian customs arrests Dutch smuggler “CAPTAIN COKE”
BRASILIA: The 48 year old man from Heemskerk who was caught with a sailboat full of cocaine in Brazilian waters...
China’s decision to devalue yuan could hurt exports: Brazil
RIO DE JANEIRO: Brazil's trade minister said China's decision to devalue the yuan could hurt manufacturing exports, although he increased...
Brazil fertilizer sales likely to fall in 2015: Mosaic
SAO PAULO: Fertilizer sales in Brazil will likely be between 30 million and 31 million tonnes in 2015, down from...
Venezuela beer maker to restart operation after shortages
CARACAS: Venezuela's largest beer manufacturer says it will restart operations after shortages of raw materials led it to close some...
US benzene imports, exports rise in June
HOUSTON: US benzene imports for June rose by 12% and exports increased more than five-fold from the same month last...
Guyana customs arrests 100 transporters over tax evasion
GEORGETOWN: The Customs Division of the Ghana Revenue Authority (GRA) in Ashanti has within the past seven months arrested about...
Guyana Renvenue Authority all set to begin single window operation
GEORGETOWN: The Ghana Revenue Authority says it is ready to begin the processing of the Customs Classification and Valuation Report...
Guyana announces to cut indirect taxes in 2015 Budget
GEORGETOWN: Guyana broadened the scope of its zero rate of value-added tax and made other changes to its indirect tax...
The New Cuba fever on US television
HAVANA: The Discovery Channel premiered the first US television series filmed entirely on location in Cuba: Cuban Chrome. The show...
South African consumer price inflation rise to 4.7% YoY in June
CAPE TOWN: The upward march in consumer inflation decelerated in June thanks to slowing food and vehicle prices, but many...
Hungary’s trade surplus reaches €820 mln in June: KSH
BUDAPEST: Trade surplus in Hungary reached €819.5 mln in June, up €361.9 mln compared to the same period a year...
Sales of fuel at Hungarian pumps up 9.2%
BUDAPEST: Turnover of gas and diesel fuel at Hungarian petrol stations was up 9.2% year-on-year in July, according to data...
