DUBAI: Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other...
DUBAI: Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other...
DOHA: The Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the 10 members of the Organisation of Arab Petroleum Exporting...
Shaijan M O, Regional Manager, Mohamed Sainulabideen, General Manager and other officials of Lulu Hypermarket Group cutting a cake to mark the 11th...
NEW YORK, LONDON: Crude oil prices rose yesterday, reversing early losses to trade higher by late morning in New York as the dollar...
DUBAI: Abu Dhabi private equity firm Gulf Capital is close to signing a Dh1.32bn ($359.38m) Islamic loan for its company Gulf Marine Services,...
DUBLIN: A sharp rise in earnings from add-on charges for items such as baggage and pre-assigned seating helped boost Ryanair’s earnings above expectations...
TOKYO: US investment banking giant Goldman Sachs said yesterday it will start investing in Japanese renewable energy projects, with a reported $2.9bn outlay...
NEW YORK: Yahoo! unveiled its biggest deal yet under chief Marissa Mayer yesterday, snagging blogging platform Tumblr for $1.1bn in a move to...
Sami Pienimaki, one of the founders of Jolla company, and his brother Tomi Pienimaki (right), the company’s CEO, present the new Jolla smartphone...
DUBAI: Saudi developer Dar Al Arkan could raise around $300m through its first global debt issue in more than three years, aiming to...
SINGAPORE/DUBAI: Saudi Arabia will import near record high diesel volumes this summer, as it gears up to beat the sweltering heat and meet...
DUBAI: Yemen’s oil export volumes rose 14 percent in the first quarter of 2013, earning the government $35m more than in the same...
Mark Schultz, operations manager for HydraFLX, pumps fuel into a special hydro-cell vehicle at an alternative energy facility that converts solar and wind...
Doha: Qatar’s main index rose for the second trading day yesterday, albeit marginally, after breaching the magical barrier of 9,000 points to a...
LONDON: After months of speculation, Vodafone’s Vittorio Colao will be under pressure next week to set out whether he may sell its prized...
ABU DHABI: Abu Dhabi National Energy Company (Taqa) said yesterday it was looking at ways to improve the liquidity of its shares but...
PARIS: French food industry group Danone said yesterday it is ramping up its presence in the growing Chinese market for dairy products with...
NEW DELHI: India’s Just Dial search engine launched yesterday an initial public offer to raise up to $174m, marking the biggest share offering...