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Iran agrees on gas export limit with Oman
Iran has agreed to export 20 million cubic metres per day (mcm/d) of gas to Oman, Iranís oil minister was quoted as saying by the semi-official Fars news agency, indicating the two sides had agreed on terms after years of talks.
Saudi Arabia may cap consumer lending, fees
Saudi Arabiaís central bank has published new consumer lending regulations which give it the power to cap retail lending at individual banks and limit the fees that banks can charge.
Europe, Asia factory activity cools down
Speculation rife that more stimulus is needed
Japan unveils •3.5trillion India investment
Japan on Monday announced a public-private investment of •3.5 trillion (Rs.2.03 trillion) in India.
Investors keenly await ECBís action to stalled recovery
The European Central Bankís meeting on Thursday is the prime event for markets seeking clarity on the bankís response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the eurozone.
$100m IFC investment in ACWA Power
International Finance Corp (IFC), a unit of the World Bank, has completed a$100 million equity investment in Saudi firm ACWA Power.
Al Khaliji Bank names new group CEO
Qatarís Al Khaliji Commercial Bank has named Fahad Abdulla Al Khalifa as its new group chief executive, a statement from the bank said on Sunday.
Viva Kuwait cleared for bourse listing
Viva Kuwait, the countryís No.2 mobile operator by subscribers, has received regulatory approval to list on the local stock exchange nearly six years after it completed an initial public offering, the company said on Sunday.
US auto sales seen ending summer without a sizzle
Auto sales are a closely watched indicator of consumer demand, particularly for big-ticket items, and the industry accounts for roughly one-fifth of all US retail spending.
US judge throws out aluminium price-fixing suit against banks
In an 85-page decision, US District Judge Katherine Forrest in Manhattan said there was no indication the defendants intended to manipulate prices, though it was clear that their actions affected the aluminum marketplace.
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