The GCC bonds and sukuk market remained strong in 2016 while witnessing a substantial increase in activities triggered by the regional countries’ need...
The GCC bonds and sukuk market remained strong in 2016 while witnessing a substantial increase in activities triggered by the regional countries’ need...
TUNIS: Tunisia’s tourism revenues have risen 19 percent so far this year, reflecting a recovery in a vital sector crippled two years ago...
Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s...
Beirut: Lebanon’s President signed off on public sector pay rises and tax hikes yesterday, a move that has triggered business concerns but could...
Demonstrating the company’s commitment to supporting Iraq’s power sector, Siemens has expanded the company’s existing service agreement with KAR Group in Iraq to...
Industrial production in Tunisia posted a 2.3 percent drop in the second quarter of 2017, compared with a slight increase of 0.2 percent...
Istanbul: Turkish discount retailer Sok is planning an initial public offering in 2018, two sources familiar with the matter told Reuters, the latest...
DUBAI: Dubai-based Noor Bank has laid off several dozen employees, banking sources told Reuters on Tuesday, the latest lender to adjust to more...
Damascus: The Damascus International Fair, the top event on pre-war Syria's economic calendar, is making a comeback this week after a five-year absence...
TEHRAN: Iran signed the country's biggest-ever car deal on Monday to build tens of thousands of cars annually under a joint venture with...
Dubai: State-owned energy giant Abu Dhabi National Oil Co (Adnoc) said yesterday that it would split its ADMA-OPCO offshore oil concession into two...
Kuwait’s Public Investment Authority (PIA) has sold its share, 4.8 percent, in the French energy company Areva to the French Government at a...
Dubai: Manufacturer JBF RAK, which is 60 percent owned by the United Arab Emirates’ Ras al-Khaimah Investment Authority (RAKIA), is in talks with...
Cisco yesterday announced the appointment of David Meads (pictured) as Vice-President for its Middle East and Africa operations. In the current era of...
Abu Dhabi: Five Chinese companies will start operations in Abu Dhabi’s industrial zone with an initial investment of $300m in a boost for...
ABU DHABI: Etihad Airways, one of the Middle East's three largest carriers, plunged to a $1.9 billion loss last year, hit by impairments...
Abu Dhabi: First Abu Dhabi Bank, created by a merger of National Bank of Abu Dhabi and First Gulf Bank, has reported a...
The acceleration of global trade in the first half of 2017 is expected to be felt unevenly across GCC economies and will probably...