DUBAI: Saudi Arabia’s Sahara Petrochemical, currently in talks with Sipchem over a possible merger, posted a 20.3 percent drop in first-quarter net profit...
DUBAI: Saudi Arabia’s Sahara Petrochemical, currently in talks with Sipchem over a possible merger, posted a 20.3 percent drop in first-quarter net profit...
BEIRUT: Lebanon plans to lower Internet prices and boost speed after cutting landline and mobile call prices by up to half this month...
ABU DHABI: State-owned Abu Dhabi Ports Co (ADPC) expects a surge in shipping traffic towards the end of this year as work on...
RIYADH: Saudi Arabia’s stock exchange introduced yesterday a new method for calculating the closing prices of traded shares, to limit excessive speculation and...
DUBAI: Al Rajhi Bank reported a slump in net profit for the first three months of 2014 yesterday, marking the second quarter in...
DUBAI: National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, reported a 3.2 percent rise in first-quarter net profit yesterday, edging...
ABU DHABI: Planned United Arab Emirates legislation aiming to boost the growth of small and medium-sized enterprises will require 10 percent of future...
Basra: Basrah Gas Company (BGC), the three-way joint venture between Iraq South Gas Company (51 percent), Shell (44 percent) and Mitsubishi (5 percent),...
DUBAI: The company planning the first initial share offering on Dubai’s main stock market for five years says it will spend the proceeds...
ISTANBUL: Turkey completed almost all of its planned borrowing for 2014 yesterday, when foreign investors snapped up a €1bn Eurobond issue in a...
The Minister of Finance, H E Ali Sherif Al Emadi and Qatar Central Bank Governor Sheikh Abdullah bin Saud Al Thani at the...
DUBAI: Growth in Egypt’s economy is expected to remain sluggish this year as political uncertainty keeps tourists and foreign investors away, the International...
DUBAI: The central bank of the United Arab Emirates will introduce on April 15 a mechanism allowing the country’s banks to borrow funds...
LONDON: Dubai told international bankers yesterday that it was gearing up for another boom and did not regret the pro-growth policies which brought...
ABU DHABI: A top Dubai economic policymaker said yesterday that an agreement to merge the two main stock markets in the United Arab...
BEIRUT: Lebanon expects to close its first licensing round for offshore gas exploration areas within about four months after overcoming a legislative hurdle...
KUWAIT: Kuwait is in talks to renew some of its contracts to supply oil to Egypt and has been looking for potential investments...
DUBAI/ABU DHABI: Barclays has agreed to sell its retail banking operations in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB) for...
