ISTANBUL: Turkish Airlines is in talks with banks about a leasing arrangement worth around $500m to help fund its plane orders from 2014,...
ISTANBUL: Turkish Airlines is in talks with banks about a leasing arrangement worth around $500m to help fund its plane orders from 2014,...
DUBAI: Gulf firms and state-backed investors, flush with petrodollars and facing limited growth options at home, are stepping into emerging markets in Africa...
RIYADH: Saudi Arabia is studying draft regulations that could see the creation of a real estate refinancing company similar to U.S. firm Fannie...
KUWAIT: Islamic banking is growing at more than double the pace of conventional banking in Kuwait and strong demand is expected throughout the...
ABU DHABI: Four years after a collapse of oil prices savaged Gulf Arab economies, private business activity in most of the region is...
DUBAI: Gulf states are looking at ways to help Jordan’s ailing economy after a government decision to cut fuel subsidies sent energy prices...
LONDON: Oil fell to $111 a barrel yesterday as ample supplies outweighed worries over fighting between Israel and Palestinians in the Middle East....
RIYADH: Some Saudi petrochemical producers fear a possible rise in the price they pay for gas will impact profits starting early next year,...
DUBAI: Kuwait’s Global Investment House will ask shareholders to approve delisting its shares from the bourse after failing to secure a regulatory waiver...
DUBAI: Kuwait’s Global Investment House will ask shareholders to approve delisting its shares from the bourse after failing to secure a regulatory waiver...
BAGHDAD: Iraqi industry is beginning to shake off the legacy of years of violence and economic decline, with private investment in the sector...
CAIRO: Egypt’s central bank said it would offer $1.5bn in one-year dollar-denominated treasury bills at a November 26 auction, rolling over bills maturing...
DUBAI: Saudi Arabia burned record volumes of crude oil over the summer, official government figures show, contrary to its aim of using more...
DUBAI: Emaar Properties’, revenue from apartments sales more than tripled in the third quarter, helping Dubai’s largest developer overcome a sharp decline in...
MUSCAT: Oman will issue five-year government development bonds worth 100m rials ($260m) at an annual interest rate of 3.25 percent, a statement from...
DUBAI/JEDDAH: Barclays did not make any “illegal payment” to win a banking licence in Saudi Arabia, the bank said in a statement in...
LONDON: Oil rose towards $109 a barrel yesterday as a showdown between Israel and the Palestinians stoked worries about supply, but ample stockpiles...
DUBAI: When two real estate developers from the United Arab Emirates announced a big project in Egypt last month, it was more than...
