ABU DHABI: The former chief executive of major Dubai construction firm Arabtec, who abruptly resigned from the company this week, said he has...
ABU DHABI: The former chief executive of major Dubai construction firm Arabtec, who abruptly resigned from the company this week, said he has...
DUBAI: The chief executive of major Dubai construction firm Arabtec resigned yesterday after a tumultuous six weeks during which the company’s share price...
TIKRIT: Iraq’s biggest oil refinery, Baiji, has been shut down and its foreign staff evacuated, refinery officials said yesterday, adding that local staff...
ANKARA: As Iraq struggles to stop an insurgency by Islamist militants, its autonomous region Kurdistan is ramping up independent oil exports, with a...
WASHINGTON: US aerospace giant Boeing and Turkish Airlines yesterday finalised an order for 15 additional 737 MAX 8s, valued at $1.6bn at list...
DUBAI: Dubai construction firm Arabtec maintains a good relationship with major shareholder Aabar Investments and expects to continue growing strongly, Arabtec’s chief executive...
ISTANBUL: The governor of Turkey’s central bank hinted yesterday that another small cut in interest rates is likely at the end of the...
ABU DHABI/DUBAI: Abu Dhabi-based conglomerate Al Jaber Group has signed a debt restructuring deal with its bank creditors, the conglomerate said yesterday, addressing...
DUBAI: A British court has ruled in Batelco’s favour, ordering the Bahraini telecom operator’s former Indian partner to pay it $211.1m for failing...
Malabar Gold & Diamonds, the leading jewellery retailer unveiled its renovated outlet at Lulu Hypermarket, Kuwaithath, Al Ain, UAE. The showroom was jointly...
TRIPOLI: Libya’s western El Feel oilfield has resumed production after security guards ended a protest that lasted more than two months, oil ministry...
DOHA: The Qatar-based Gulf Organisation for Industrial Consulting (GOIC) has launched the all new Gulf Industrial Knowledge Centre (GIKC) website during the 97th...
DUBAI: Yemen’s annual inflation rose to 7.6 percent in March, the highest this year, while central bank reserves continued to erode in April,...
LONDON: Saudi Arabia has suggested Opec meet just once a year, rather than twice, a sharp reduction from the days when the group...
AMMAN/SYDNEY: Jordan’s government is studying a proposal to issue its first Islamic bond but pressure to cut public debt and a preference for...
CAIRO: Egypt’s oil minister said that natural gas production would increase by 500 million cubic feet daily by December, when several gas fields...
DUBAI: Abu Dhabi government-owned Al Hilal Bank may sell a benchmark-sized Tier 1 capital-boosting sukuk after announcing plans to meet fixed income investors,...
DUBAI: DP World plans to raise $1bn with a convertible bond issue of 10 years duration to fund growth opportunities and diversify its...
