DUBAI: French drugmaker Sanofi is leading an investor group buying a 66 percent stake in the Globalpharma unit of Dubai Investments, the Gulf-based...
DUBAI: French drugmaker Sanofi is leading an investor group buying a 66 percent stake in the Globalpharma unit of Dubai Investments, the Gulf-based...
ABU DHABI/VIENNA: Russia’s Gazprom is in talks to buy Abu Dhabi’s 24.9 percent stake in Austrian oil and gas firm OMV, a source...
London: Airbus Group and the Jeddah-based Islamic Development Bank (IDB) are seeding a Shariah-compliant aircraft leasing fund to cater to growing demand for...
SHANGHAI: Already Asia’s biggest aircraft buyer, China is developing its own passenger planes and building scores of airports but its aviation expansion faces...
WASHINGTON: US consumer spending rose less than expected in May, likely held back by weak healthcare spending, which could prompt economists to temper...
STOCKHOLM: Swedish defence and aeronautics group Saab said yesterday it was heading towards the acquisition of a submarine shipyard in Sweden owned by...
LONDON: London Stock Exchange (LSE) Group has agreed to buy US asset manager Russell for $2.7bn in order to diversify and grow its...
CAIRO: Egypt will pay $1.5bn of the money it owes to foreign energy companies by the end of 2014, its oil minister said...
NEW YORK: New York prosecutors sued British bank Barclays for fraud on Wednesday, saying it ran a “dark pool” securities trading operation to...
Employees outside the Peninsula Paris hotel in Paris. The 1908 building, acquired by Katara Hospitality, will open in August after four years of...
DOHA: Qatar bourse’s benchmark index plunged three month-low on blue chip pullback yesterday. The index slid 1.81 percent to close at 12,100.93 points. ...
DUBAI: Dubai’s stock index rebounded strongly yesterday from a plunge in the last session as Arabtec, which continued to dominate trading, turned around...
MILAN: Emirates airline Etihad Airways tied up a deal to rescue debt-laden carrier Alitalia yesterday by taking 49 percent of the Italian company....
Toyota Motor Corp’s Executive Vice-President Mitsuhisa Kato speaks in front of the company’s prototype fuel cell vehicle (FCV) sedan car, which has the...
Doha: Gulftainer, a subsidiary of Crescent Enterprises and one of the world’s largest privately owned port management and logistics companies, marked its expansion...
DUBAI: Nakheel, the real estate giant at the heart of Dubai’s financial crisis, said yesterday it will pay off all its bank debt...
Washington: A series of meetings and events was held between Qatar Business Council and a number of chambers of commerce in the United...
LONDON: Britain became the first Western country to sell an Islamic bond yesterday, attracting £2.3bn ($3.9bn) in orders, more than 10 times the...
