Turkey is seeking to recruit senior bankers to help run the country’s newly-established sovereign wealth fund, according to people with knowledge of the...
Turkey is seeking to recruit senior bankers to help run the country’s newly-established sovereign wealth fund, according to people with knowledge of the...
Dubai: Dubai welcomed a record 14.9 million visitors in 2016, the city's tourism department said Tuesday, as the Gulf emirate capitalised on its...
CAIRO: Egypt's net foreign reserves rose to $26.363 billion at the end of January, up from $24.265 billion at the end of December,...
Turkey's consumer prices jumped more than expected in January on the back of higher food and energy costs and lira depreciation, pushing annual...
Dubai: Dubai real estate giant Nakheel, which built the Gulf emirate's iconic palm tree-shaped islands, said Wednesday it made a record profit of...
CAIRO: An inflow of $9 billion into Egyptian banks since the country’s central bank floated its currency shows confidence in the economy is...
Gulf Air, Bahrain’s national carrier and strategic partner of the third edition of 'Shop Bahrain', has launched a stopover package to promote the...
Muscat: Petroleum Development Oman signed yesterday a $1.2bn deal with Japan's Nippon Steel & Sumitomo Metal (NSSM) to further develop the southern port...
Tunis: Tunisia will start a roadshow for a Eurobond worth €1bn on February 5, and expects to go to capital markets twice more...
Ankara: The Turkish central bank yesterday hiked its main interest rate by 75 basis points in a bid to boost the ailing lira...
ISTANBUL: Turkish businessman Tekin Acar had contracts to open branches of his leading cosmetics chain in ten new shopping malls this year. A...
ISTANBUL: Turkey’s lira weakened on Monday as comments from a deputy premier reaffirming the central bank’s independence failed to bolster confidence, a day...
Dubai: Saudi Arabia's Arab National Bank (ANB) said yesterday it had received central bank approval to set up a fully owned subsidiary that...
London: Kuwait picked six banks to advise on its first international debt sale as the Opec member joins other Gulf Arab monarchies shoring...
CAIRO: Egypt’s military has received the licence required to form a pharmaceutical company, a decree by Prime Minister Sherif Ismail published on Sunday...
BAGHDAD: Iraq announced the sale of $1 billion in bonds guaranteed by the United States, paying an interest of 2.1 percent, far below...
Riyadh : Saudi Basic Industries Corp (SABIC) remains upbeat on a proposed petrochemical venture in the United States with ExxonMobil and a preliminary...
Kuwait: The price of oil went up by 44 cents to USD 51.08 per barrel Tuesday after being at USD 50.64 pb the...
