DUBAI: Dubai used its first big debt sale of 2013 yesterday to show the world that state had well recovered from its credit...
DUBAI: Dubai used its first big debt sale of 2013 yesterday to show the world that state had well recovered from its credit...
KHOBAR: Saudi Aramco plans use a record number of rigs this year, more than 170, to search for unconventional gas while drilling for...
DUBAI: Bahrain Telecomm-unications Co reported a 10th profit drop in 11 quarters yesterday as domestic competition and one-off charges from a cost-cutting programme...
TEHRAN: Sky-rocketing fuel and ticket prices, a drop in passenger traffic and foreign currency shortages, all resulting from global sanctions, have forced Iran’s...
KUWAIT: China’s foreign exchange regulator has increased the amount which Kuwait’s sovereign wealth fund can invest directly in the Chinese securities markets to...
DUBAI: National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a 47.8 percent rise jump in fourth-quarter net profit yesterday,...
KUWAIT: Kuwait’s Jazeera Airways yesterday said it had raised its capital by 74 percent to KD42m ($149m) through a share issue which was...
CAIRO: Egypt’s foreign reserves have risen to $15.5bn, helped by a deposit by Qatar to support the economy, its finance minister said, although...
Kuwait: Kuwait’s budget surplus for the first eight months (April 2012 to November 2012) of fiscal year 2012/2013 reached KD14.7bn ($52bn), exceeding the...
SANA’A: Yemen’s parliament approved the transitional government’s YR2.77tn ($12.9bn) 2013 spending plan yesterday, four weeks after it was passed by the cabinet, after...
WASHINGTON: The International Monetary Fund has begun negotiations with Tunisia on a loan programme and hopes to return to Egypt for talks on...
JEDDAH: Saudi Arabian dairy and food producer Almarai Co posted a 29.2 percent rise in its fourth-quarter net profit, beating analyst forecasts, the...
A helicopter airlifts the Aston Martin Vanquish onto the helipad of the Burj Al Arab Hotel, yesterday. The aerial extravaganza was held as...
DUBAI: A jump in US Treasury yields in the last few weeks has raised a grim possibility for emerging market bond investors: A...
DUBAI: Dubai’s bourse climbed to a new two-year high yesterday as investors shifted funds to stocks lagging an early-year rally, while other regional...
ABU DHABI: The share of renewables in the global energy mix has increased over the past decade to more than 15 percent but...
DUBAI: Abu Dhabi’s Taqa has no restart date for oil output stopped after a leak at its Cormorant Alpha platform, a part of...
ABU DHABI: Banks in the UAE agreed yesterday to make a formal plea to the central bank to ease the mortgage limits which...
