DUBAI: Oman has signed a OR13.6m ($35.3m) deal with Italferr, the Italian state railways engineering firm, for consultancy services on the initial design...
DUBAI: Oman has signed a OR13.6m ($35.3m) deal with Italferr, the Italian state railways engineering firm, for consultancy services on the initial design...
DUBAI: Saudi Arabian Airlines (Saudia) plans to conduct an initial public offer of shares in its cargo unit this year and an IPO...
CAIRO: The Egyptian pound was unchanged at a central bank foreign currency sale yesterday, the bank said, and steady on the black market,...
Saeed Said Al Qamzi, Director of Adnoc, and Yusuffali M A, MD of Lulu Group, opened Malabar Gold & Diamond’s outlet in Ruwais...
DUBAI: Dar Al Arkan Real Estate Development Co, Saudi Arabia’s largest listed property developer, may consider early repayment of a $450m Islamic bond...
DOHA: There is a growing optimism in the Gulf construction market in 2014 with major projects on the horizon such as FIFA World...
ABU DHABI: The United Arab Emirates’ economy is likely to grow at a robust clip of up to 5 percent this year, government...
MUSCAT: The chief executive of Oman’s National Gas Co SAOG has been detained by the public prosecutor for questioning in relation to a...
DOHA: The GCC petrochemical industry is set to record an increase in exports in 2014 due to the World Trade Organization’s Bali Package,...
DUBAI: Etihad Airways and Alitalia are in the final phase of a due diligence process that may result in an investment by the...
DUBAI: Dana Gas made a net profit of Dh128m ($34.9m) in the fourth quarter of 2013, up 12 percent from a year earlier,...
DUBAI: Dubai construction firm Arabtec clinched a $6.1bn contract yesterday, its biggest ever by value, as its relationship with Abu Dhabi state fund...
DUBAI: Bahrain-based investment company Investcorp expects 15-20 percent annual growth over the next five years, its chief financial officer said yesterday after reporting...
BAGHDAD: Crude exports from Iraq declined in January to an average of 2.228m barrels per day (b/d) but should rise next month, Oil...
MANAMA: Bahrain’s central bank will release a new regulatory framework for Islamic insurance (takaful) this quarter, in an overhaul of standards which the...
DUBAI: Dubai Financial Market (DFM), the emirate’s main stock exchange, has issued rules allowing the lending and borrowing of securities, part of efforts...
LONDON: The Iraqi government has hired a law firm to target any buyer of what it considers illegally exported Kurdish crude oil, a...
DUBAI: The International Monetary Fund has raised its 2014 economic growth forecast for the United Arab Emirates to 4.5 percent but warned of...