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Oman shipping buys 10 new vessels for $320m
MUSCAT: Ten new medium range product tankers will join the fleet of state-owned Oman Shipping Company (OSC) in the next...
Turkish customs minister confirms connection between Zarrab and Zanjani
ANKARA: Customs and Trade Minister Cenap Aşçı, responding to an official inquiry, confirmed a report detailing gold imports and exports...
HK Customs seizes HK$12m worth tobacco in 2 raids
HONG KONG: Hong Kong Customs believes they have struck a heavy blow against a cross-border tobacco-smuggling syndicate following the seizure...
Saudi Arabia’s imports drop 12% in July
RIYADH: Saudi Arabia's imports dropped 12.2 percent in July compared with a year earlier, while non-oil exports tumbled 20.6 percent,...
Russian-led Eurasian Economic Union signs free trade agreement with Iran
MOSCOW: The Russian-led Eurasian Economic Union (EEU) has accepted an Armenian proposal to explore the possibility of seeking a free...
Iraq asks $500m loan from Islamic Development Bank
BAGHDAD: Iraq will seek up to $500 million in loans from the Jeddah-based Islamic Development Bank (IDB) to help cover...
Dhaka Customs seizes 675 Cartons of foreign cigarettes
DHAKA: Customs Intelligence officials seized 675 cartons of foreign cigarettes worth around Tk 1 crore at Shah Amanat International Airport...
Nepse inches up 2.02 points to close at 1,168.71 points last week
KATHMANDU: The Nepal Stock Exchange (Nepse) inched up 2.02 points to close at 1,168.71 points last week. The secondary market that...
Bank of Korea’s holds benchmark interest rate at record low 1.50%
SEOUL: The Bank of Korea's monetary policy board on Friday kept the nation's benchmark interest rate unchanged at the record...
Iraq to use int’l bond issued for infrastructure projects
BAGHDAD: Iraq will use the proceeds of an international bond issue to fund salaries as well as infrastructure projects in...
Iraq asks $500m in loans from Jeddah-based Islamic Development Bank
BAGHDAD: Iraq will seek up to $500 million in loans from the Jeddah-based Islamic Development Bank (IDB) to help cover...
Hungarian banks disburse HUF 684 b of loans in phase II of Funding for Growth Scheme
BUDAPEST: Net of repayments, banks disbursed HUF 684.1 bln in loans as of August 28 to small and medium-sized enterprises...
Finnland’s to see € 5.3b deficit in next budget forecast
HELSINKI: The next year’s budget deficit is forecast to be 5.3 billion euros, Finance Minister Alexander Stubb said on Wednesday....
Dutch Customs seizes 16,000 kg drugs, cocaine popular
AMSTERDAM: Dutch Customs officers intercepted around 15.758 kilograms of drugs in 2014, nearly 10,000 kg less than the 25,000 kg...
Saudi Arabian Customs arrests 2,952 people on smuggling illegal items
JEDDAH: Border Guards arrested 2,952 people trying to smuggle illegal items into the Kingdom over the past nine months. According...
Canada crude oil output increases by 2.6%
OTTAWA: Canada produced 18.0 million cubic metres of crude oil and equivalent products in June, up 2.6% compared with the...
Italian exports to US, China up 29%
ROME: Italian food product exports towards the US and China have risen by 29% those to EU nations by 9.7%,...
Currency volatility slows Aspen’s profit growth to 13%
OSLO: Local market darling Aspen released full year earnings earlier, which produced slowing growth of 13 percent. Aspen is one...
Ukraine grain export through ports increase 20.7% from 2015
KIEV: According to the data from the State Enterprise “Ukrainian Sea Ports Authority”, in the period of January-August 2015 transshipment...
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