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  • *KIA tenders entire 23.5 pct stake- source* Qtel had bid $2.2 bln for remaining 47.5 pct stake* Announcement of tender details expected Sunday By Dinesh Nair and Matt Smith. DUBAI, Oct 6- Qatar Telecom is set to control more than 90 percent of Kuwait's Wataniya.

  • By Andrew Torchia and Yeganeh Torbati. DUBAI, Oct 6- Tehran's Grand Bazaar reopened under close police supervision on Saturday, traders said, days after it was shut by clashes between riot police and protesters blaming the government for the collapse of the Iranian currency.

  • By Andrew Torchia and Yeganeh Torbati. DUBAI, Oct 6- Tehran's Grand Bazaar reopened under close police supervision on Saturday, traders said, days it was shut by clashes between riot police and protesters blaming the government for the collapse of the Iranian currency.

  • *KIA tenders entire 23.5 pct stake- source* Qtel had bid $2.2 bln for remaining 47.5 pct stake* Announcement of tender details expected Sunday By Dinesh Nair and Matt Smith. DUBAI, Oct 6- Qatar Telecom is set to control more than 90 percent of Kuwait's Wataniya.

  • Dubai's ruler approves canal extension Saturday, 6 Oct 2012 | 11:51 AM ET

    DUBAI, Oct 6- The ruler of Dubai has given approval for the expansion of the emirate's Business Bay Canal project at a cost of 1.5 billion dirhams over two years, the Roads and Transport Authority said on Saturday.

  • Iran denies offering new plan on nuclear impasse Saturday, 6 Oct 2012 | 9:49 AM ET

    The New York Times reported on Thursday that Iran had proposed a plan to European officials that required the West to lift harsh oil and economic sanctions in return for the eventual suspension of uranium enrichment by Tehran.

  • DUBAI, Oct 6- Iran's government was locked in a test of wills with currency dealers on Saturday as it tried unsuccessfully to impose a stronger rial exchange rate, after a plunge by the currency earlier in the week triggered street protests.

  • NORTH CHARLESTON, South Carolina, Oct 5- R epresentatives from Air India took delivery on Friday of the first Boeing Co 787 Dreamliner made in South Carolina and the first manufactured outside Boeing Commercial Airplane's headquarters in Washington state.

  • *Iran will defeat "conspiracy" against the rial, aide says. DUBAI, Oct 5- Iran will defeat a "conspiracy" against its foreign currency and gold markets, an adviser to supreme leader Ayatollah Ali Khamenei said on Friday, with pressure mounting on the authorities to deal with the rapid collapse of the rial.

  • *Iran will defeat "conspiracy" against the rial, aide says. DUBAI, Oct 5- Iran will defeat a "conspiracy" against its foreign currency and gold markets, an adviser to supreme leader Ayatollah Ali Khamenei said on Friday, as pressure mounts on authorities to deal with the rapid collapse of the rial.

  • *Iran will defeat "conspiracy" against the rial, aide says. DUBAI, Oct 5- Iran will defeat a "conspiracy" against its foreign currency and gold markets, an adviser to supreme leader Ayatollah Ali Khamenei said on Friday, as pressure mounts on authorities to deal with the rapid collapse of the rial.

  • DUBAI, Oct 5- Iran will defeat an enemy "conspiracy" against its foreign currency and gold markets, an adviser to Iran's supreme leader Ayatollah Ali Khamenei said on Friday, following violent protests that forced the closure of Tehran's grand bazaar. But there has so far been no public criticism of Iran's most powerful authority, Ayatollah Ali Khamenei.

  • ----------PREVIOUS ITEMS Dubai's DP World likely to win JN port contract- Mint---------- Tata Steel to invest 400 mln pounds in Corus unit in FY13- Economic Times---------- Aditya Birla Grp to invest 60 bln rupees in solar power- Economic Times---------- Maruti's Manesar plant to reach full production by mid-Oct- Economic Times---------- India eyes new $40 bln global generic drugs market- Economic Times----------.

  • SINGAPORE, Oct 4- U.S. crude futures held steady above $91 per barrel on Friday, after rising 4 percent in the previous session on escalating tensions in the Middle East, while continued global economic concerns are expected to weigh on prices.

  • DUBAI, Oct 4- Kuwait's unexpected 50 basis-point interest rate cut will help reduce borrowing costs for businesses but is not going to be enough to kick-start bank lending without a lasting solution to the country's political crisis.

  • DUBAI, Oct 4- Deals from two major banks this week have reopened the Gulf debt market after an extended summer lull, and highlighted the lower yields that investors in the region are settling for as liquidity continues to far outstrip supply.

  • DUBAI, Oct 4- Dubai's index hit a fresh five-month high on Thursday after the market regulator announced reforms aimed at boosting liquidity. "These reforms have been long-awaited and should increase liquidity in the medium term," said Kanaga Sunder, Gulf Baader Capital Markets head of research in Muscat.

  • UPDATE 1-HSBC to scale back global Islamic business Thursday, 4 Oct 2012 | 9:15 AM ET

    *HSBC to focus Islamic business on Malaysia, Saudi Arabia and Indonesia. *Some job cuts at Amanah unit, rest to be merged into HSBC By David French. DUBAI, Oct 4- HSBC Holdings is to significantly scale back its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.

  • HSBC to scale back Islamic business Thursday, 4 Oct 2012 | 8:42 AM ET

    DUBAI, Oct 4- HSBC Holdings is to significantly scale back the presence of its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.

  • HERAT, Afghanistan, Oct 4- Afghanistan has imposed a cap on U.S. dollar flows across the border with Iran amid clashes there between Iranian police and protesters prompted by a collapse in the rial currency, Afghan police said on Thursday.