Dragon Oil, the explorer majority-owned by Emirates National Oil Company is considering the purchase of a West African producer as it seeks to diversify beyond the Caspian. Read Article Dragon Oil looks to buy in Africa
Controls required to help guard against a repeat of the boom and bust cycle in the Dubai property market, Masood Ahmed, the director of the IMF’s Middle East and Central Asia Department, said. IMF official urges caution amid resurgence in Dubai property
Some warn of a return to the dark days of 2006 and 2007, but Sunni political pragmatism may show a peaceful way forward. Analysis by Iraq historian Reidar Visser How Iraq can pull back from the brink