Sudanese President Omar Hassan Al Bashir welcomes his South Sudan’s counterpart Salva Kiir on his arrival at Khartoum airport yesterday. KHARTOUM: Sudan and...
Sudanese President Omar Hassan Al Bashir welcomes his South Sudan’s counterpart Salva Kiir on his arrival at Khartoum airport yesterday. KHARTOUM: Sudan and...
CAIRO: Political turmoil pushed Egypt deeper into recession in August, with growth in non-oil private business activity falling for a tenth straight month...
DUBAI: Saudi Arabia’s economy improved in annual terms to grow 2.7 percent in the second quarter of 2013 as non-oil business expanded robustly...
DUBAI: Barclays Plc will sell its retail bank in the United Arab Emirates, highlighting the challenges foreign banks face in the Gulf competing...
ISTANBUL: The Turkish lira fell near record lows yesterday as fears of turmoil in the Middle East roiled global markets. The lira weakened...
DUBAI: Iran will not back down in its quest for an Iranian head of Opec, the country’s new oil minister, Bijan Zanganeh, was...
ABU DHABI/BEIRUT: Syria cancelled an urgent tender to buy sugar yesterday, two weeks after cancelling a bid to buy wheat, the latest signs...
DUBAI: Dubai World is close to selling its 50 percent stake in Miami Beach’s landmark Fontainebleau hotel to South Florida developer Turnberry Ltd,...
DUBAI: Yemen’s annual inflation climbed to a 15-month high of 14.2 percent in May, mainly due to increases in food, tobacco and qat...
TRIPOLI: Libya is importing diesel and fuel oil to fend off increasing power cuts, as queues of drivers grow at the pumps and...
GENEVA: A Saudi princess has bought a historical Geneva estate that once belonged to a former Swiss president for 57.5m Swiss francs ($62m),...
CAIRO/DUBAI: With the fall of the Muslim Brotherhood, Islamic finance has lost strong political support in the most populous Arab nation. But economic...
DUBAI: Etihad Airways expects a $600m investment in Jet Airways to be cleared by Indian authorities imminently, as it further extended a deadline...
BAGHDAD: Iraq’s oil exports rose to an average of 2.579 million barrels per day (bpd) in August, the oil ministry said yesterday, due...
DUBAI: The US military has not renewed its contract to buy jet fuel from Emirates National Oil Company (ENOC) in the United Arab...
DUBAI: HSBC Holdings will stop offering wealth management products in Bahrain, Jordan and Lebanon as the British lender continues to exit small or...
DUBAI: Iran’s new oil minister has ordered the revision of energy project contracts to make them more attractive to foreign investors, a National...
DUBAI: General Motors said it expected the automobile industry in the Middle East to show growth that is sustainable, but at a slower...
