gulf

Tax relief sought for Gulf states hit by spill Reuters

Reuters – Bipartisan lawmakers on Friday sought tax breaks for mostly small business to help cushion the economic blow from oil still spewing from BP Plc’s deep sea well in the Gulf of Mexico. Read More Tax relief sought for Gulf states hit by spill
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South Korea wins landmark Gulf nuclear power deal Reuters

South Korean President Lee Myung-bak (R) shakes hands with an official from the United Arab Emirates embassy in Seoul, before Lee departed to the UAE at a military airport in Seongnam, south of Seoul December 26, 2009. REUTERS/Jo Bo-hee/Yonhap

Reuters – A South Korean group won a landmark deal to build and operate four nuclear reactors for the United Arab Emirates, beating more favored U.S. and French rivals to one of the Middle East’s biggest ever energy contracts.
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