The Arab Monetary Fund (AMF) is organising a Conference on Soundness Indicators for Conventional and Islamic Finance, in cooperation with the International Monetary...
The Arab Monetary Fund (AMF) is organising a Conference on Soundness Indicators for Conventional and Islamic Finance, in cooperation with the International Monetary...
Gulf Air, the Kingdom of Bahrain’s national carrier, has joined forces with Aktina Travel Group, the leading travel organisation in Greece, taking select...
CAIRO: Egypt will receive the second $1 billion tranche of a $3 billion World Bank loan in March, Central Bank Governor Tarek Amer...
Istanbul: There is serious global interest in Turkey's newly founded sovereign wealth fund, particularly from investment banks, and it plans to sign a...
Riyadh: The Custodian of the Two Holy Mosques King Salman bin Abdulaziz of Saudi Arabia starts a month-long Asian tour from today to...
Dubai: Bank Muscat, Oman’s largest bank by assets, is raising $500m through a syndicated loan, banking sources familiar with the situation said yesterday....
KHOBAR, Saudi Arabia: Saudi Aramco’s initial public offering (IPO) could encourage other Gulf countries to list their oil assets, a leading regional economist...
London: Evercore Partners Inc, the investment bank founded by Roger Altman, is planning to open an office in Dubai as it seeks new...
ABU DHABI: The United Arab Emirates (UAE) announced 3.42 billion dirhams ($931 million) in defence procurement contracts on Wednesday, the fourth day of...
Kuwait: Opec-member Kuwait plans to raise its oil production capacity to 4.75 million barrels per day (mb/d) by 2040 as part of a...
ABU DHABI: Russian weapons maker Kalashnikov Group's sales doubled last year, helped by demand in the Middle East for its drones, missiles, rifles...
Abu Dhabi: The United Arab Emirates (UAE) announced 4.07 billion dirhams ($1.11 billion) in defence procurement contracts on Tuesday, the third day of...
Kuwait/Dubai: Kuwait Investment Authority (KIA) has appointed Farouk Bastaki (pictured) as managing director to replace Bader Mohammed Al Saad, newspaper Al Rai reported...
Algiers: Algeria has attracted 49 offers from international energy companies to build four refineries worth a total $6bn, a state energy firm Sonatrach...
Cairo: The Egyptian pound strengthened against the US dollar on Monday, regaining ground after record lows which followed the central bank's decision to...
Dubai/Bejing: Abu Dhabi National Oil Company (ADNOC) said yesterday it had signed an agreement giving China National Petroleum Corporation (CNPC) an eight percent...
Dubai: NCB Capital Co. Chief Executive Officer Sarah Al Suhaimi will become the first woman to chair Saudi Arabia’s stock exchange, the largest...
Cairo: Tourists are slowly returning to Egypt, easing pressure on a key sector battered by years of turmoil and the 2015 bombing of...