CAIRO: Egypt has converted $2.5bn that Qatar lent it in December into 18-month notes and is working to convert another $3bn lent this...
CAIRO: Egypt has converted $2.5bn that Qatar lent it in December into 18-month notes and is working to convert another $3bn lent this...
MANAMA : The International Oil and Gas Dispute Resolution Conference 2013 yesterday announced the Patronage of HRH Prince Khalifa bin Salman Al Khalifa,...
DUBAI: Qatar’s blue chips helped lift the bourse to a new 28-month high on Wednesday, while most other Gulf markets also gained. Doha’s...
DUBAI: Qatar’s one-year currency forwards fell yesterday to their lowest level since May 2012 after the central bank hinted the country could drop...
ISTANBUL: When Turkish Prime Minister Tayyip Erdogan came to power a decade ago it would have been almost unthinkable for his government to...
RIYADH: Saudi Finance Minister Ibrahim Al Assaf disagreed yesterday with the IMF’s forecast that the oil-rich kingdom’s GDP will grow by only 4.4...
DUBAI: Oman’s government is considering a proposal to issue dollar-denominated sovereign bonds sometime in 2014, which could lead to regular debt sales in...
DUBAI: Islamic Development Bank (IsDB), a Jeddah-based multilateral institution, raised $1bn from the sale of a five-year Islamic bond, or sukuk, at par...
HAMBURG: Egypt’s state-owned Food Industries Holding Company (FIHC) has bought 9,000 tonnes of soy oil and 12,000 tonnes of sunflower oil in an...
ABU DHABI: UAE healthcare provider Al Noor Hospitals Group aims to raise some $150m through an initial public offering (IPO) of shares on...
DUBAI: The International Monetary Fund hopes to agree a new longer term loan for impoverished Yemen by the end of 2013 and mobilise...
DUBAI: Royal Bank of Scotland’s former chief executive of its Middle East and Africa business is joining Abu Dhabi-based First Gulf Bank (FGB),...
Cairo: Russia’s Altimo failed to secure a majority stake in Egypt-based Orascom Telecom by a Monday deadline and said it was ready to...
DUBAI: Abu Dhabi Investment Authority is reducing target exposures to developed market stocks and looking for growth in emerging markets, the sovereign wealth...
JERUSALEM: The Bank of Israel kept up its battle against shekel appreciation and the prospect of slower export growth with its second interest...
DUBAI: Peru’s economic growth is likely to be close to 6.1 percent this year but more data is needed before the central bank...
US Secretary of State John Kerry (left) speaks with Palestinian President Mahmoud Abbas at the World Economic Forum on the Middle East and...
CAIRO: Revenue from Egypt’s Suez Canal declined 6.2 percent in April from a year earlier to $406.1m, Egypt’s State Information Portal said yesterday. ...
