DUBAI/RIYADH: Saudi Binladin Group (SBG) has received substantial payments from the Saudi Arabian government to settle debts since the start of this year,...
DUBAI/RIYADH: Saudi Binladin Group (SBG) has received substantial payments from the Saudi Arabian government to settle debts since the start of this year,...
Riyadh: Saudi Arabia is considering two options for the shape of Saudi Aramco when it sells shares in the national oil giant next...
Dubai: Abu Dhabi’s $125 bn sovereign fund Mubadala Investment Co. will start operations in May through four divisions focusing on the Middle East...
Joyalukkas has changed the landscape and widened the horizon of the jewellery retail industry, from its humble beginning of a single showroom in...
Dubai: A $125bn Abu Dhabi state investment firm, formed by merging two of the emirate's biggest funds, is expected to start operating in...
Dubai: The emirate of Dubai is expected to issue a US dollar bond by the end of the first quarter, though it has...
Abu Dhabi is close to finalising the merger of two of its largest sovereign wealth funds, Mubadala Development Co PJSC and International Petroleum...
Dubai: Dubai-based developer Emaar, which built the world’s tallest tower Burj Khalifa, said yesterday its net profits rose sharply last year due to...
Kuwait City: The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on...
Dubai: Dubai’s Al Khaleej Sugar Refinery, the world’s largest port-based refinery for the commodity, said yesterday it was operating at full capacity and...
Dubai: Petrochemical shares boosted Saudi Arabia's bourse in early trade on Sunday after oil prices firmed at the end of last week, while...
BRUSSELS: The European Commission is set to revamp a law enabling it to impose duties on non-EU airlines or suspend their flying rights...
Dubai: Poor fourth-quarter earnings from two United Arab Emirates companies weighed on stock markets there yesterday while Kuwait pulled back in another day...
CAIRO: The Egyptian pound strengthened at banks as foreign investor confidence picked up and backlogs of U.S. dollar orders to finance imports eased,...
Dubai: Dubai hosts the Second Forum of Public Finances in the Arab Countries with the participation of Arab Finance Ministers, Governors of Central...
CAIRO: Egypt's strategic wheat reserves are sufficient to last for four months, the Supplies Ministry said in a statement on Thursday. It also...
SINGAPORE: Saudi Aramco will supply full contract volumes of crude oil to two Asian buyers in March, two industry sources with knowledge of...
Dubai: A planned domestic sukuk issue by oil giant Saudi Aramco is likely to be in the region of SR3bn to SR6bn ($800m...
