DUBAI: Ports operator DP World Limited is selling its stakes in two container terminals and a logistics centre in Hong Kong for $742m...
DUBAI: Ports operator DP World Limited is selling its stakes in two container terminals and a logistics centre in Hong Kong for $742m...
DUBAI: Etisalat, the Gulf’s No. 2 telecom operator, expects 2013 revenue of up to $9.4bn, according to a presentation the company gave to...
A natural gas well is drilled near Canton, in Bradford County, Pennsylvania. The US shale energy revolution is a “big issue”, UAE’s Oil...
DUBAI: Iran will barter goods in return for some gas imports from Turkmenistan, an Iranian trade official was quoted as saying yesterday, a...
ABU DHABI: Two Abu Dhabi banks yesterday repaid Dh5.5bn ($1.49bn) in UAE government support they received in the wake of the global financial...
AMMAN: The World Bank has granted Jordan $70m in financing to help it to extend small loans to young people in depressed rural...
DUBAI: Emirates airline, Dubai’s flagship carrier, has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale, lead arrangers said yesterday, in...
DUBAI: Saudi Arabia has sharpened its edge in oil trading by leasing oil storage in Fujairah, allowing the producer’s new trading arm greater...
DUBAI: The deputy chief executive of Kuwait's top telecom operator Zain has resigned, the company said in a statement to the local bourse. ...
DUBAI: Dubai Islamic Bank (DIB) plans to boost its capital through the sale of a shariah-compliant debt instrument, which would become only the...
Khalid Al Falih, President and CEO of Saudi Aramco, speaks at the CERAWEEK conference in Houston, yesterday. HOUSTON: Saudi Aramco Chief Executive Khalid...
DUBAI: Saudi tycoon Prince Alwalid bin Talal has severed his ties with Forbes magazine’s annual billionaires’ list, which he accused of undervaluing his...
MANAMA: Bahrain’s central bank will require local lenders it sees as key to the stability of the Gulf country’s banking system to take...
DUBAI: Dana Gas has increased its gas production in Egypt by about 10 percent with the start up of operations at two new...
DUBAI: Dubai will host a new asset management firm specialising in awqaf (Islamic endowments), as the emirate seeks to become a global centre...
ABU DHABI: Shareholders of Abu Dhabi’s Aldar Properties have approved the developer’s plans to merge with rival Sorouh Real Estate at a meeting...
DUBAI: Bahrain’s loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has...
DUBAI: Dubai builder Arabtec, which underwent a major management shakeup last week, said it will rely on the reputation of its biggest shareholder...
