Dubai: Gulf stock markets edged up in quiet trade yesterday, encouraged by strength in emerging markets generally, but Egypt’s index reversed the trend...
Dubai: Gulf stock markets edged up in quiet trade yesterday, encouraged by strength in emerging markets generally, but Egypt’s index reversed the trend...
RIYADH: Saudi's Alawwal Bank, formerly known as Saudi Hollandi Bank until a rebranding this week, has no plans to increase capital in the...
Riyadh: Arid Saudi Arabia could need more than $53 billion in water sector investment supported by private funds as demand grows, officials said...
Ankara: Turkey increased its special consumption tax on cars yesterday, a move that will be applied to all but the cheapest models in...
Istanbul: Turkish budget carrier Pegasus Airlines may postpone delivery of three new Boeing aircraft next year, lease some of its current fleet and...
DUBAI: Etihad Airways has priced at par a $1.5 billion five-year senior unsecured sukuk with a 3.86 percent profit rate, according to a...
DUBAI: Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons said on Tuesday that projects worth 362.2 million riyals ($97 million) had...
Dubai: Stock markets in the Gulf diverged yesterday with Saudi Arabia’s index cooling for a third session as investors book profits on lofty...
Cairo: Egyptian banks have attracted some $3bn since Egypt took the dramatic step of floating its pound earlier this month, Central Bank Sub-Governor...
Dubai: The United Arab Emirates could refer the United States to the World Trade Organisation over anti-dumping charges levied on steel pipes, a...
Frankfurt: Airbus Group SE said it’s evaluating the implications of a congressional vote that could block it and Boeing Co from providing jets...
As budget-conscious tenants look for cheaper alternatives or downgrade to smaller units to get better value for money, mid-to-high end residential segment continues...
DUBAI: Shares in Abu Dhabi bank Union National Bank (UNB) resumed trading on Sunday after being suspended earlier in the day, according to...
Saudi Arabian billionaire Prince Alwaleed Bin Talal raised the possibility that the kingdom may depeg its currency as the country undergoes unprecedented social,...
The Middle East region’s power generation capacity is expected to grow by 66 percent by 2030, Siemens’ energy outlook released yesterday noted. Siemens’...
PARIS: Algeria's state grains agency OAIC bought 580,000 tonnes of optional-origin milling wheat in a tender that closed on Tuesday, European traders said...
MARRAKESH, Morocco: The World Bank will provide the second $1 billion tranche of its $3 billion budget support to Egypt by early January,...
ISLAMABAD: Turkey’s ambassador in Pakistan told Anadolu Agency on Tuesday that a free trade agreement between Turkey and Pakistan will be ready to...