A file picture shows a man with his electric car at a charging station at the first electric vehicle demonstration centre, built by...
A file picture shows a man with his electric car at a charging station at the first electric vehicle demonstration centre, built by...
KUWAIT: The resignation of Kuwait’s oil minister Hani Hussein has been accepted, local media reported, after he came under pressure from lawmakers wanting...
DUBAI: Mall developer Majid Al Futtaim Holding (MAF) is looking to raise at least $500m from the issue of a hybrid debt sale...
ANKARA: Frustrated with the slow progress of its bid to join the EU, the rash of free trade pacts Brussels is negotiating that...
DEAD SEA, Jordan: Arab Bank, the country’s largest lender, said it expects double digit profitability in 2013 as much lower provisions and steady...
DUBAI: Arabtec, the contractor part-owned by Abu Dhabi state fund Aabar, has won a $197m contract to build a hotel and residential project...
BAGHDAD: Iraq oil exports averaged 2.6 million barrels per day (b/d) in May, affected by attacks on a northern Kirkuk pipeline while production...
CAIRO: Egypt will refund taxes collected from Qatar National Bank’s acquisition of National Societe Generale Bank to shareholders today, an official from a ...
RIYADH: A subsidiary of Dubai-based contractor Arabtec Holding has won a SR404m ($107.7m) contract to build a hospital in Saudi Arabia, the company...
Dead Sea, Jordan: UAE’s Majid Al Futtaim Holding (MAF) — the sole franchise of hypermarket chain Carrefour in the Gulf — said that...
Workers check parts for Egypt’s first tablet computer “Inar” at a factory in Benha yesterday. Egypt has produced its very first tablet computer,...
Investors keep a close watch on electronic displays at the Abu Dhabi Securities Exchange. DUBAI: Most Gulf markets fell yesterday as a sell-off...
DUBAI: Bahrain’s Al Salam Bank and BMI Bank, an affiliate of Oman’s Bank Muscat, have announced plans to merge, a tie-up which would...
ABU DHABI: An Abu Dhabi government-owned holding company may sell its own shares or offload a stake in one of its main businesses...
ABU DHABI: State-owned Trade Bank of Iraq (TBI) plans to expand its domestic presence as well as open branches in Lebanon and Turkey...
DUBAI: The lure of sub-saharan Africa, with its geographic proximity and promise of higher returns, is tempting cash-rich Gulf Arab bond investors to...
DUBAI: As debt-laden Dubai’s economic recovery continues, with grandiose projects making a comeback, the emirate faces some near-term maturity of debt racked up...
CAIRO: Egypt’s central bank kept the price of the country’s currency steady against the dollar at a special $800m foreign exchange auction yesterday,...
