DUBAI: Bahrain-based investment company Investcorp expects 15-20 percent annual growth over the next five years, its chief financial officer said yesterday after reporting...
DUBAI: Bahrain-based investment company Investcorp expects 15-20 percent annual growth over the next five years, its chief financial officer said yesterday after reporting...
BAGHDAD: Crude exports from Iraq declined in January to an average of 2.228m barrels per day (b/d) but should rise next month, Oil...
MANAMA: Bahrain’s central bank will release a new regulatory framework for Islamic insurance (takaful) this quarter, in an overhaul of standards which the...
DUBAI: Dubai Financial Market (DFM), the emirate’s main stock exchange, has issued rules allowing the lending and borrowing of securities, part of efforts...
LONDON: The Iraqi government has hired a law firm to target any buyer of what it considers illegally exported Kurdish crude oil, a...
DUBAI: The International Monetary Fund has raised its 2014 economic growth forecast for the United Arab Emirates to 4.5 percent but warned of...
KUWAIT CITY: Thousands of oil workers in Opec member Kuwait plan to go on strike over a government decision to cut their wages,...
DUBAI: A unit of Dubai Holding, owned by the emirate’s ruler, has sold a piece of land to fast-growing shopping mall developer Majid...
ABU DHABI: First Gulf Bank increased its 2013 dividend payout by 20 percent after posting record quarterly earnings, as the United Arab Emirates’...
ISTANBUL: Turkey’s central bank, fighting to defend the lira, sent strong signals yesterday that it is about to raise interest rates in a...
DUBAI: Bahrain Telecommunications Co (Batelco) posted a 61 percent drop in fourth-quarter net profit yesterday as one-off expenses outweighed a 29 percent rise...
DUBAI: Saudi Arabia’s Mobily will start leasing its mobile phone network to a new operator to launch a rival service in the first...
ABU DHABI: Abu Dhabi’s residential real estate market rebounded strongly last year from a slump, helped by government intervention, a report by a...
ABU DHABI: Abu Dhabi Commercial Bank (ADCB), the UAE’s third largest lender by market value, posted a 40 percent rise in fourth-quarter net...
TRIPOLI: Libya will list by March its first real estate investment fund compliant with Islamic law, one of the arrangers said yesterday, seeking...
TRIPOLI: Libya will list by March its first real estate investment fund compliant with Islamic law, one of the arrangers said yesterday, seeking...
AMMAN: Jordan’s largest lender, Arab Bank Group, posted a 43 percent rise in net profit to $501.9m last year on higher revenues, with...
DOHA: Strongly supported by Qatar and Saudi Arabia, Credit Suisse expects the Gulf region to post another year of solid gains on improving...
