CAIRO: Egypt is planning a charm offensive to persuade Gulf Arab entrepreneurs to invest in its economy, battered by political upheaval, protests and...
CAIRO: Egypt is planning a charm offensive to persuade Gulf Arab entrepreneurs to invest in its economy, battered by political upheaval, protests and...
TRIPOLI: US firm Marathon Oil will continue operating in Libya after giving up plans to sell its stake in Waha Oil Company, Oil...
AMMAN: Jordanian lender Arab Bank Group’s nine-month net profit rose 15.4 percent to $559m, helped by growth in net interest income and operating...
The UAE Vice President, Prime Minister and Ruler of Dubai, H H Sheikh Mohammed bin Rashid Al Maktoum tours the newly opened Al...
DUBAI: Cash handouts on fuel introduced by Iran’s previous government to offset price hikes are depriving state energy companies of funds needed to...
DUBAI: Saudi Arabia’s largest listed company Saudi Basic Industries Corp (SABIC) fell from a 18-month high yesterday, weighing on the kingdom’s bourse after...
DUBAI: Topaz Marine, a unit of Oman’s Renaissance Services, priced its $350m debut bond, a statement from the parent firm said on Sunday,...
A view of a petrochemical complex in Assaluyeh seaport on Iran’s Persian Gulf coast. Iran’s oil sales in October will fall to their...
DUBAI: Wataniya, Kuwait’s No.2 telecom operator, reported a slight drop in third-quarter profit yesterday, missing analysts’ estimates as the company’s under-performance continued. The...
CAIRO: The Egyptian government is considering selling shares to the public to help finance a high-speed passenger rail project extending up the Nile...
DUBAI: Figures released yesterday suggested inflation in the United Arab Emirates will creep higher in coming months, fuelled by a strong revival in...
RIYADH: Saudi Arabia’s frustration with its main ally the United States over Middle East policy will not harm business relations or oil sales,...
Doha: National Bank of Kuwait (NBK), the largest Kuwaiti bank, reported net profits of $702m (KD198.6m) for the first nine-month of 2013 compared...
DUBAI: The largest oil and gas investor in Iraqi Kurdistan has initiated the first major legal case against the regional government over payments...
Labourers working at the construction site of Abu Dhabi’s new airport terminal yesterday. The Dh10.8bn ($2.9bn) airport will be operational in July 2017,...
Muscat: Qatar looks to implement with the GCC countries an ambitious energy policy associating economic growth and sustainable development, the Chairman of Administrative...
DUBAI: Inmarsat, the leading provider of global mobile satellite communications services, is showcasing its latest innovations at InfoComm MEA 2013 (C-25 in Zabeel...
TUNIS: Political unrest has hurt Tunisia’s growth outlook but it will stay committed to cutting the state budget deficit next year, while relying...
