Paris: Turkish Airlines (THY) has begun talks with Airbus to buy up to 40 A350 jetliners worth $12.4 bn at list prices, hours...
Paris: Turkish Airlines (THY) has begun talks with Airbus to buy up to 40 A350 jetliners worth $12.4 bn at list prices, hours...
VIENNA: Oberbank on Thursday said it had signed a deal with Iran, enabling it to finance new ventures there and making it one...
DUBAI/ABU DHABI: Three banks are blocking a deal aimed at resolving the close to 500 million dirhams ($136.1 million) debt troubles of Dubai-based...
Ankara: The Turkish government is in talks with business leaders about boosting industry, an adviser to President Tayyip Erdogan said, as it prioritises...
Dubai: Holders of about $700m of Islamic bonds issued by Abu Dhabi-listed Dana Gas have submitted a proposal to restructure the sukuk to...
CAIRO: Egypt will sieve two cargoes of French and Romanian wheat halted for poppy seeds before deciding whether to allow their entry, Agriculture...
ANKARA: Turkey’s economy expanded 5.1 percent year-on-year in the second quarter, data showed on Monday, and ministers predicted growth would gain further momentum...
Dubai: State-backed Abu Dhabi Investment Council is weighing the sale of its nearly 24 percent stake in Abu Dhabi National Insurance Co (ADNIC),...
Ankara: President Tayyip Erdogan said yesterday Turkey would reorganise its $40 bn sovereign wealth fund after dismissing the organisation’s chairman over its failure...
Jakarta: The Middle Eastern retail major, Lulu Group opened its second hypermarket at BSD City, Tangerang, Indonesia yesterday. Located at the QBig, the...
Siemens Postal, Parcel & Airport Logistics (SPPAL) has received a major order to implement a cutting-edge cloud-based software platform for dnata’s cargo operations...
Hanoi: Vietnam and Egypt agreed Wednesday to nearly triple trade to $1 billion including with ship-building and IT contracts, as Egypt seeks to...
Paris: French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so...
Dubai: Two major Abu Dhabi real estate developers, Eshraq Properties and Reem Investments, said yesterday they aimed to merge as an economic slowdown...
BEIRUT: Lebanon has begun reforms to repair its fragile economy after years of paralysis in decision-making but is under pressure to do more...
Tripoli: Oil production has been suspended for several days at three oil fields in Libya after an armed militia shut off pipelines, the...
The International Monetary Fund (IMF), Arab Monetary Fund (AMF), Arab Fund for Social and Economic Development (AFESD) and Government of Morocco will co-host...
Tehran: Iran has attracted the equivalent of $7 billion of foreign investments in the industrial, mining and commercial fields after the nuclear agreement....