CAIRO: Egypt’s interim government unveiled its second stimulus package yesterday, which will inject 33.9bn Egyptian pounds ($4.87bn) into the economy, with most of...
CAIRO: Egypt’s interim government unveiled its second stimulus package yesterday, which will inject 33.9bn Egyptian pounds ($4.87bn) into the economy, with most of...
ABU DHABI: Abu Dhabi National Energy Co (TAQA), leading a consortium that plans to invest around $2bn to acquire hydropower assets in India,...
KUWAIT: A parliamentary investigation into a Kuwait Airways plan to buy and lease aircraft from Airbus will not affect the deal, the state...
Al KHOBAR: Saudi Aramco has asked interested companies to submit cheaper offers to build parts of a complex to supply energy to an...
KUWAIT CITY: Kuwait’s provisional budget surplus shrunk in the first nine months of this fiscal year as spending rose 18 percent and income...
DUBAI/BAGHDAD: Iraq plans to auction third-generation (3G) telecommunications licences for a minimum of $307m each, sources familiar with the matter said, a move...
DUBAI: Oman has signed a OR13.6m ($35.3m) deal with Italferr, the Italian state railways engineering firm, for consultancy services on the initial design...
DUBAI: Saudi Arabian Airlines (Saudia) plans to conduct an initial public offer of shares in its cargo unit this year and an IPO...
CAIRO: The Egyptian pound was unchanged at a central bank foreign currency sale yesterday, the bank said, and steady on the black market,...
Saeed Said Al Qamzi, Director of Adnoc, and Yusuffali M A, MD of Lulu Group, opened Malabar Gold & Diamond’s outlet in Ruwais...
DUBAI: Dar Al Arkan Real Estate Development Co, Saudi Arabia’s largest listed property developer, may consider early repayment of a $450m Islamic bond...
DOHA: There is a growing optimism in the Gulf construction market in 2014 with major projects on the horizon such as FIFA World...
ABU DHABI: The United Arab Emirates’ economy is likely to grow at a robust clip of up to 5 percent this year, government...
MUSCAT: The chief executive of Oman’s National Gas Co SAOG has been detained by the public prosecutor for questioning in relation to a...
DOHA: The GCC petrochemical industry is set to record an increase in exports in 2014 due to the World Trade Organization’s Bali Package,...
DUBAI: Etihad Airways and Alitalia are in the final phase of a due diligence process that may result in an investment by the...
DUBAI: Dana Gas made a net profit of Dh128m ($34.9m) in the fourth quarter of 2013, up 12 percent from a year earlier,...
DUBAI: Dubai construction firm Arabtec clinched a $6.1bn contract yesterday, its biggest ever by value, as its relationship with Abu Dhabi state fund...
