RIYADH: Saudi Arabia has issued its first sovereign bonds since 2007 to cover a budget deficit created by low oil prices, launching a...
RIYADH: Saudi Arabia has issued its first sovereign bonds since 2007 to cover a budget deficit created by low oil prices, launching a...
SINGAPORE: Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in August...
Hong Kong---Hong Kong equities dipped in the first few minutes of trade Tuesday, following a global sell-off as Greece looks set to miss...
Staff and officials during the honouring ceremony. Manama: Gulf Air the national carrier of Bahrain recently held its annual service awards honouring members...
Abu Dhabi--Local investors have gone on a buying spree to stock up on shares in UAE telecom giant Etisalat after the government decided...
Cairo-- Egypt's bourse remained soft. The index slid 0.3 percent, with real estate firm Talaat Mostafa remaining one of the main targets of...
ISTANBUL--- Turkey's central bank said on Tuesday it would keep its cautious monetary policy stance until there is a significant improvement in the...
DUBAI: Etisalat, the United Arab Emirates’ former telecoms monopoly, said yesterday restrictions on who could own its shares would be partly lifted, opening...
CAIRO/MOSCOW-- Egypt, the world's largest wheat importer, is studying a proposal put forward by some Russian grain exporters to pay for Russian wheat...
The United Arab Emirates National Bureau of Statistics released the following May consumer price data on Monday. UAE CONSUMER INFLATION 05/15 04/15 05/14...
MILAN/CAIRO-- Egypt has agreed a liquefied natural (LNG) supply deal with British oil major BP through 2015 and 2016, but for less than...
Dubai--The United Arab Emirates expects strong growth this year after its oil-rich economy expanded by 4.6 percent in 2014, Prime Minister Sheikh Mohammed...
DUBAI: Saudi Arabia’s government and a Russian state fund have signed a memorandum of understanding to jointly invest as much as $10 billion,...
SINGAPORE: Middle Eastern oil producers Saudi Arabia and the United Arab Emirates will sharply cut or even halt costly petrol imports next year...
NEW YORK: PepsiCo’s flagship global brands Pepsi, Pepsi MAX, Lay’s and Gatorade are joining forces with the UEFA Champions League as PepsiCo yesterday...
A Saudi investor monitors the stock exchange at the Al Bilad Saudi Bank in Riyadh yesterday. Saudi Arabia’s stock exchange allowed foreign investors...
ISMAILIA: Egypt’s New Suez Canal will open on August 6, its overseer said yesterday, a project President Abdel Fattah Al Sisi sees as...
Ismailiya, Egypt - Egypt will inaugurate a "new Suez canal" shipping route on August 6 aimed at speeding up traffic along the existing...
