Dubai: Stock markets in the Gulf diverged yesterday with Saudi Arabia’s index cooling for a third session as investors book profits on lofty...
Dubai: Stock markets in the Gulf diverged yesterday with Saudi Arabia’s index cooling for a third session as investors book profits on lofty...
Cairo: Egyptian banks have attracted some $3bn since Egypt took the dramatic step of floating its pound earlier this month, Central Bank Sub-Governor...
Dubai: The United Arab Emirates could refer the United States to the World Trade Organisation over anti-dumping charges levied on steel pipes, a...
Frankfurt: Airbus Group SE said it’s evaluating the implications of a congressional vote that could block it and Boeing Co from providing jets...
As budget-conscious tenants look for cheaper alternatives or downgrade to smaller units to get better value for money, mid-to-high end residential segment continues...
DUBAI: Shares in Abu Dhabi bank Union National Bank (UNB) resumed trading on Sunday after being suspended earlier in the day, according to...
Saudi Arabian billionaire Prince Alwaleed Bin Talal raised the possibility that the kingdom may depeg its currency as the country undergoes unprecedented social,...
The Middle East region’s power generation capacity is expected to grow by 66 percent by 2030, Siemens’ energy outlook released yesterday noted. Siemens’...
PARIS: Algeria's state grains agency OAIC bought 580,000 tonnes of optional-origin milling wheat in a tender that closed on Tuesday, European traders said...
MARRAKESH, Morocco: The World Bank will provide the second $1 billion tranche of its $3 billion budget support to Egypt by early January,...
ISLAMABAD: Turkey’s ambassador in Pakistan told Anadolu Agency on Tuesday that a free trade agreement between Turkey and Pakistan will be ready to...
CAIRO: The Egyptian pound strengthened slightly on Monday and importers reported increased dollar liquidity at banks days after the International Monetary Fund (IMF)...
RIYADH: Saudi Arabia’s central bank is succeeding in wrestling down market interest rates and expects to see further declines as it fights a...
ISTANBUL: Turkish food producer Yildiz Holding on Monday said its conscience was “clear” and its businesses “clean”, after reports suggesting it was the...
DUBAI: Egypt's stock market edged down in early trade on Monday as traders booked profits in blue chips after 12 straight days of...
CAIRO: Egypt’s $12 billion three-year IMF loan programme will be repaid in 10 years with a 4.5-year grace period, with the reforms agreed...
DUBAI: GEMS Education, a Dubai-headquartered international education company, is raising $500 million through a loan facility, banking sources familiar with the transaction said...
DUBAI: Gulf executives who were upset by Donald Trump's campaign trail comments about Muslims took a conciliatory tone following his election victory and...
