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Oil & Gas
Tehran in talks with Asian banks on 1b euro bond for South Pars project.
Automobiles
A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.
Oil & Gas
Barrel fees far too low; reservoir damage higher than government realises.
Commodities
Gold rose on Friday, steadying above $931 (Dh3,417) per ounce as the dollar lost ground versus the euro, with deeper concerns over the US economic outlook also underpinning the metal.
Automobiles
A federal bankruptcy judge will decide the immediate fate of General Motors Corp's effort to quickly sell its best assets to a group funded by the US government, after a three-day court hearing concluded on Thursday.
Banking and Finance
Affiliates of Saad Group and Al Gosaibi Group - two family-owned Saudi companies that are restructuring their debts - owe at least $860 million (Dh3.1 billion) more than what were previously reported.
Oil & Gas
Top oil exporter Saudi Arabia will cut or keep steady the official selling prices (OSPs) of most of its crudes to Asia for August as refining margins come under pressure, refiners and traders polled said on Friday.
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