KUWAIT CITY: Foreign direct investment into Arab states rose by 9.8 percent last year despite unrest in some of them but remained well...
KUWAIT CITY: Foreign direct investment into Arab states rose by 9.8 percent last year despite unrest in some of them but remained well...
Screens displaying stock information are seen as investors look on at the Dubai Financial Market yesterday. The United Arab Emirates has revived a...
BELGRADE/DUBAI: Etihad Airways has signed a preliminary agreement with the Serbian government over a possible equity investment in the Balkan country’s loss-making JAT...
BAGHDAD: US energy giant Chevron has signed another oil exploration deal in Iraq’s autonomous Kurdistan region, it said yesterday, one of several contracts...
AMMAN: Washington’s decision to arm opponents of Syrian President Bashar Al Assad and reports of Gulf military aid to rebels have sent the...
DUBAI: Tunisia’s fledgling Islamic finance industry could take a 25 to 40 percent share of the country’s financial sector in five years’ time...
ABU DHABI: Abu Dhabi investment firm Waha Capital has acquired a 97-percent stake in a UAE healthcare company and plans to invest up...
DUBAI: Sadara Chemical Co, a joint venture between Saudi Aramco and Dow Chemical, has signed a fundraising package for the $19.3bn petrochemical complex...
ABU DHABI: Egypt’s government is in the late stages of verifying its economic reform programme with the International Monetary Fund before obtaining a...
TOULOUSE: Europe’s newest jetliner, the Airbus A350, successfully completed its maiden flight yesterday, stepping up the battle with arch-rival Boeing for sales of...
TUNIS: Tunisia has won $1.2bn in funding from the Saudi-based Islamic Development Bank (IDB), aimed at backing industrial, agricultural and trade projects in...
DUBAI: Bank of America Merrill Lynch raised its assessment of Qatar’s stock market to overweight from neutral, and cut the United Arab Emirates...
DUBAI: The United Arab Emirates is succeeding in strengthening its state finances by restraining spending, and managed last year to reduce the oil...
DUBAI: A statement on foreign exchange policy by Qatar’s Central Bank governor has struck a nerve in financial markets across the Gulf, reminding...
DUBAI: Oman needs to contain state spending and raise non-oil revenue in the medium term to keep its fiscal balance sustainable, the International...
KUWAIT CITY: Kuwait invited bids yesterday to build a solar farm to produce 70 megawatts of electricity by 2016, the first phase of...
DUBAI: New car sales in the United Arab Emirates are likely to jump above the peak achieved in 2008 before the global credit...
CAIRO: Egypt’s central bank said it had suspended its deposit auction yesterday and would hold a repurchase agreement (repo) auction in its place,...
