ISTANBUL: The Turkish national carrier Turkish Airlines (THY) said yesterday that it would buy 95 more planes from US aerospace giant Boeing as...
ISTANBUL: The Turkish national carrier Turkish Airlines (THY) said yesterday that it would buy 95 more planes from US aerospace giant Boeing as...
DUBAI: Saudi Arabian family firm Dabbagh Group is in the advanced stages of buying out its Indian partner’s stake in a lubricant venture...
Kuwaiti workers in the oil sector hold placards reading in Arabic ‘When will promises be fulfilled?’ as they stage a protest in Kuwait...
DUBAI: Saudi Hollandi Bank and Saudi British Bank (SABB) beat estimates for first-quarter net profit, with both lenders attributing the growth in earnings...
DUBAI: The United Arab Emirates central bank said yesterday it was introducing a direct debit system for commercial banks, a step which could...
Workers on a scaffolding after restart of construction projects in Nicosia, Cyprus, yesterday. The long bank closure throughout the island has severely affected...
AMMAN: An Iraqi official said yesterday Amman and Baghdad have signed a deal to extend an $18bn pipeline to the Red Sea city...
DUBAI: The UAE’s top telecom operator Etisalat has stopped blocking the website of Skype, the world’s No.1 Internet-based phone call provider, although the...
DOha/DUBAI: Saudi Arabia’s banks helped lift the bourse yesterday after two lenders posted estimate-beating earnings, while other regional markets also gained as bargain-hunters...
Egyptian President Mohammed Mursi (centre) meeting with EU foreign policy chief Catherine Ashton in Cairo, yesterday. CAIRO: The European Union’s foreign policy chief...
ABU DHABI: Etihad Airways said passenger revenues rose 19 percent in the first quarter as Abu Dhabi’s flagship carrier expanded globally through partnership...
DUBAI: Morgan Stanley named veteran banker Sammy Kayello as the chief executive and chairman of its business in the Middle East and North...
RIYADH: Saudi Arabia’s Riyad Bank posted a 5.5 percent rise in its first-quarter profits yesterday, beating analysts’ forecasts. The kingdom’s third-largest listed bank...
KUWAIT: Kuwait’s No.1 telecom operator Zain yesterday said its Iraqi unit would complete an initial public offering by the end of 2013, signally...
DUBAI: Shuaa Capital has named Kamel Almunajjed as chairman of its Saudi Arabia subsidiary, the Dubai-based investment bank’s latest senior appointment as it...
CAIRO: EFG Hermes, the Middle East’s top investment bank, yesterday said a merger deal with Qatari investment company QInvest will lapse on May...
DUBAI: Kuwait’s small-caps helped lift the bourse to a 26-month high yesterday as investors bet on improving earnings, while other regional markets were...
NICOSIA: Bank workers in bailed out Cyprus staged a work stoppage yesterday over fears that pensions may be at risk, as more details...
