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International Business: Gulf markets drop over political uncertainty

International Business: Gulf markets drop over political uncertainty
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Biggest oil and gas sector deals since start of the century

May 2 - Top U.S. oil and gas producer Exxon Mobil has won the approval of the Federal Trade Commission to close its deal for .

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Mosaic to Sell Stake in Saudi JV to Ma'aden for $1.5 Billion in Stock

Fertilizer maker Mosaic Co (MOS.N) said on Tuesday that Saudi Arabia's firm Ma'aden would acquire the US-based company's stake in a phosphate production joint venture by issuing shares worth about $1.5 billion. Ma'aden will issue about 111 million shares to buy the 25% stake Mosaic owns in Ma'aden Wa'ad Al Shamal Phosphate Co, a joint venture between Mosaic, Ma'aden and Saudi Basic Industries (2010.SE), opens new tab Corp.

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