Tag Archives: Rise

Iraq tensions rise after Kurds warn of attack

IRBIL, Iraq: Tensions escalated between Iraq’s Kurds and Baghdad on Thursday as warnings of a “major attack” by government forces prompted Kurdish peshmerga fighters to temporarily block roads from other parts of the country.The move came just over two weeks ...

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Oil prices rise as OPEC says market is rebalancing

SINGAPORE: Oil prices edged up on Tuesday as OPEC said there were clear signs the market was rebalancing and as US production remained offline following Hurricane Nate.US West Texas Intermediate (WTI) crude futures were trading at $ 49.65 per barrel ...

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UAE problem loans to rise, Moody’s warns

LONDON: Problem loans in the UAE’s banking sector are set to rise by the end of 2018, ratings agency Moody’s Investors Service warned, blaming “sluggish” economic growth seen this year. The agency has forecast that non-performing loans could reach 5.5 ...

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Solar drives rise in global renewable energy forecast

LONDON: The International Energy Agency (IEA) has raised its forecasts for renewable energy over the next five years following a record 2016, mainly driven by a surge in solar photovoltaic (PV) capacity in China, India and the US.In its medium-term ...

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