DOHA: The GCC banking sector continues to remain robust with assets increasing by 11 percent in 2012 to $1.47 trillion. Higher energy prices...
DOHA: The GCC banking sector continues to remain robust with assets increasing by 11 percent in 2012 to $1.47 trillion. Higher energy prices...
DUBAI: Top oil exporter Saudi Arabia pumped 9.15 million barrels per day (bpd) of crude oil in February, an industry source said yesterday,...
Amman: King Abdullah II, of Jordan opened yesterday the 2013 Jordan-US Business Forum with the participation of key Jordanian and US private and...
BAGHDAD: Iraq’s parliament yesterday approved a $119.1bn budget for 2013 after weeks of delay, but Kurdish representatives and most members of the main...
DUBAI: Ports operator DP World Limited is selling its stakes in two container terminals and a logistics centre in Hong Kong for $742m...
DUBAI: Etisalat, the Gulf’s No. 2 telecom operator, expects 2013 revenue of up to $9.4bn, according to a presentation the company gave to...
A natural gas well is drilled near Canton, in Bradford County, Pennsylvania. The US shale energy revolution is a “big issue”, UAE’s Oil...
DUBAI: Iran will barter goods in return for some gas imports from Turkmenistan, an Iranian trade official was quoted as saying yesterday, a...
ABU DHABI: Two Abu Dhabi banks yesterday repaid Dh5.5bn ($1.49bn) in UAE government support they received in the wake of the global financial...
AMMAN: The World Bank has granted Jordan $70m in financing to help it to extend small loans to young people in depressed rural...
DUBAI: Emirates airline, Dubai’s flagship carrier, has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale, lead arrangers said yesterday, in...
DUBAI: Saudi Arabia has sharpened its edge in oil trading by leasing oil storage in Fujairah, allowing the producer’s new trading arm greater...
DUBAI: The deputy chief executive of Kuwait's top telecom operator Zain has resigned, the company said in a statement to the local bourse. ...
DUBAI: Dubai Islamic Bank (DIB) plans to boost its capital through the sale of a shariah-compliant debt instrument, which would become only the...
Khalid Al Falih, President and CEO of Saudi Aramco, speaks at the CERAWEEK conference in Houston, yesterday. HOUSTON: Saudi Aramco Chief Executive Khalid...
DUBAI: Saudi tycoon Prince Alwalid bin Talal has severed his ties with Forbes magazine’s annual billionaires’ list, which he accused of undervaluing his...
MANAMA: Bahrain’s central bank will require local lenders it sees as key to the stability of the Gulf country’s banking system to take...
DUBAI: Dana Gas has increased its gas production in Egypt by about 10 percent with the start up of operations at two new...
