Business

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada witnessing the signing of agreement to form Nebras Power....

Workers apply the finishing touches to displays during the 13th Annual European Business Aviation Convention and Exhibition press day, at the Geneva Palexpo...

LONDON: Irish biotechnology company Elan announced a series of deals yesterday to boost growth, in the face of a $6bn hostile takeover approach...

DUBAI: Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other...

DOHA: The Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the 10 members of the Organisation of Arab Petroleum Exporting...

Shaijan  M O, Regional Manager, Mohamed Sainulabideen, General Manager and other officials of Lulu Hypermarket Group cutting a cake to mark the 11th...

NEW YORK, LONDON:  Crude oil prices rose yesterday, reversing early losses to trade higher by late morning in New York as the dollar...

DUBAI: Abu Dhabi private equity firm Gulf Capital is close to signing a Dh1.32bn ($359.38m) Islamic loan for its company Gulf Marine Services,...

DUBLIN: A sharp rise in earnings from add-on charges for items such as baggage and pre-assigned seating helped boost Ryanair’s earnings above expectations...

  TOKYO: US investment banking giant Goldman Sachs said yesterday it will start investing in Japanese renewable energy projects, with a reported $2.9bn outlay...

NEW YORK: Yahoo! unveiled its biggest deal yet under chief Marissa Mayer yesterday, snagging blogging platform Tumblr for $1.1bn in a move to...

Sami Pienimaki, one of the founders of Jolla company, and his brother Tomi Pienimaki (right), the company’s CEO, present the new Jolla smartphone...

DUBAI: Saudi developer Dar Al Arkan  could raise around $300m through its first global debt issue in more than three years, aiming to...

SINGAPORE/DUBAI: Saudi Arabia will import near record high diesel volumes this summer, as it gears up to beat the sweltering heat and meet...

  DUBAI: Yemen’s oil export volumes rose 14 percent in the first quarter of 2013, earning the government $35m more than in the same...

Mark Schultz, operations manager for HydraFLX, pumps fuel into a special hydro-cell vehicle at an alternative energy facility that converts solar and wind...

Doha: Qatar’s main index rose for the second trading day yesterday, albeit marginally, after breaching the magical barrier of 9,000 points to a...

LONDON: After months of speculation, Vodafone’s Vittorio Colao will be under pressure next week to set out whether he may sell its prized...