A worker operates a furnace at Libyan Iron and Steel Company (Lisco) in Misrata yesterday. MISRATA: The Libyan Iron and Steel Company (Lisco)...
A worker operates a furnace at Libyan Iron and Steel Company (Lisco) in Misrata yesterday. MISRATA: The Libyan Iron and Steel Company (Lisco)...
DUBAI: Bond issuance from the Gulf Arab region is set to surge next year on the back of heavy infrastructure spending and refinancing...
ABU DHABI: A Syrian state purchasing agency has issued a tender to buy 50,000 tonnes of flour with payment through an Iranian credit...
DUBAI: Dubai’s Emirates Airline announced it has boosted its fleet of Airbus A380s to 44 planes, taking delivery of another two of the...
Qatar’s Minister of Energy and Industry H E Dr Mohammed Saleh Al Sada (fourth right), Saudi Arabia’s Oil Minister Ali bin Ibrahim Al...
ROME: Abu Dhabi’s Etihad Airways is in early-stage talks over a possible ¤300m ($413m) investment in Alitalia, a political source close to the...
ZAWIYA: Libya is stepping up fuel imports, with four tankers queuing at one port as the Opec producer’s second-largest refinery is running at...
CAIRO: Egypt’s current account recorded a surplus in the first quarter of the financial year, boosted by billions of dollars in aid from...
NICOSIA: Bank of Cyprus (BoC) announced yesterday a nine-month net loss of ¤1.94bn ($2.66bn), mostly on the back of provisions for winding up...
Al KHOBAR: Saudi Electricity Co (SEC) has signed a $366m loan agreement with the Japan Bank for International Cooperation (JBIC) and two Japanese...
KUWAIT: Ibrahim Dabdoub, one of the longest-serving bank executives in the world, will retire from National Bank of Kuwait next year after leading...
Iraq’s Deputy Prime Minister for Energy Hussain Al Shahristani (left) with Japan’s Prime Minister Shinzo Abe (right) at Abe’s official residence in Tokyo...
DUBAI: Rising Saudi energy demand is a bigger threat to the world’s biggest oil exporter than surging US shale output, Saudi Jadwa Investment...
CAIRO: Egypt’s economy should grow at an annual rate of two percent in the second fiscal quarter, the state’s planning minister said yesterday,...
AJDABIYA/TRIPOLI: The leader of a movement pushing for greater autonomy in eastern Libya said yesterday he would not end the blockade of several...
CAIRO: Egypt will pay $300m of the money it owes to foreign oil companies in Egyptian pounds, a Finance Ministry statement said, as...
Al KHOBAR: Saudi Arabia’s PetroRabigh expects its revenues to rise by almost SR1bn ($267m) this year after its parent companies agreed to cut...
KUWAIT: Kuwait is set to secure $1.43bn in financing from a consortium of banks for a power and desalination plant, one of the...
