JOHANNESBURG: Turkish mobile phone company Turkcell has taken to a South African court with its $4.2bn lawsuit against rival MTN Group, alleging it...
JOHANNESBURG: Turkish mobile phone company Turkcell has taken to a South African court with its $4.2bn lawsuit against rival MTN Group, alleging it...
TRIPOLI: Libyan oil revenues, which fund nearly all government spending, have plunged by 80 percent since protesters began blocking oil terminals in July,...
DOHA: The issuance of sukuk by corporate and infrastructure issuers in the GCC grew a solid 11 percent in the year to September...
DUBAI: Iran has begun talks with potential investors in its energy industry, Oil Minister Bijan Zanganeh told the Financial Times, after Tehran struck...
BAGHDAD: British lender Standard Chartered launched banking operations in Iraq yesterday, saying it hoped to benefit from large infrastructure projects in a country...
DUBAI: A group of Gulf investors led by Fajr Capital are in talks to buy Dubai-based oil services firm NPS Energy for up...
Demonstrators march to the headquarters of energy company Npower during a protest against energy prices in London yesterday. German utility RWE has scrapped...
People withdraw money from ATMs in Istanbul yesterday. The Turkish lira slipped yesterday as oil prices made up some of the ground lost...
DUBAI: Saudi Arabia’s Al Hokair Group, one of the largest entertainment and hospitality firms in the Middle East, is planning to list on...
DUBAI: Dubai expects to publish in one or two weeks new standards for issuing and trading Islamic bonds, which it hopes will become...
DUBAI: Private investors from Gulf Arab countries, including a royal family from the United Arab Emirates, plan to establish the first full-fledged Islamic...
ABU DHABI: Abu Dhabi investment fund Mubadala and Dubai Aluminium (Dubal) have signed a five-billion-dollar deal with Guinea that should secure resources for...
ABU DHABI: Egypt suspended rice exports less than a week after issuing licences to sell the grain abroad, the head of the rice...
MOSCOW: It would be difficult for Iran to revive its oil output to former levels quickly even if international restrictions on its exports...
ABU DHABI: The UAE will start operating new grain silos in Fujairah within the coming months and has picked a private company to...
DUBAI: The UAE telecom regulator yesterday fined former monopoly Etisalat for blocking text messages that would have provided its customers with details on...
DUBAI: Countries as distant as central Asia and Africa are expected to use Dubai to obtain expertise and financing channels as they develop...
DUBAI: Dubai plans to boost its government spending by 11 percent next year to the highest level since its property bubble burst in...