BAGHDAD: Iraqi oil exports rose for a second consecutive month in May, figures showed yesterday, despite a northern pipeline remaining disabled and a...
BAGHDAD: Iraqi oil exports rose for a second consecutive month in May, figures showed yesterday, despite a northern pipeline remaining disabled and a...
DUBAI: Saudi Arabia’s Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, plans to issue its debut...
CAIRO: Egypt has launched a tender to import hundreds of thousands of tonnes of petroleum products in the third quarter of 2014, an...
Tunis: Tunisia’s oil production has declined, to reach for the first time 59,000 barrels per day from 115,000 barrels, since no exploration wells...
A pedestrian walks past currency exchange shop and street stalls in Cairo yesterday. CAIRO: Egypt has approved the introduction of a 10 percent...
DUBAI: Bahrain has become the first country in the Gulf outside Saudi Arabia to clarify its treatment of capital-boosting instruments under Basel III...
DUBAI: Dubai’s Emaar Properties said yesterday it will list up to 25 percent of its malls business on the Dubai Financial Market (DFM),...
DUBAI: Abu Dhabi gave Etisalat a $500m grant towards its €4.14bn purchase of 53 percent of Maroc Telecom, the company’s prospectus for a...
CAIRO: Egypt’s government said yesterday it plans to cut petroleum product subsidies in the next fiscal year but still expects the budget deficit...
DUBAI: Bahrain plans an initial public offering (IPO) of shares in the company operating its Khalifa bin Salman port, the Ministry of Transportation...
A general view of the Shoubra El Kheima Power Station of North Cairo Electricity Distribution Company in Cairo. Former army chief Abdel Fattah...
ABU DHABI: National Bank of Abu Dhabi plans to set up a regional financial base in India before the end of this year...
KUWAIT CITY: Kuwait’s finance minister warned yesterday that the oil-rich Gulf state will face a certain budget deficit because growth in spending has...
CAIRO: The leading candidate for Egypt’s new presidency, Abdel Fattah Al Sisi, aims to cut the Egyptian budget deficit to 8.5 percent of...
BERLIN: Emirates, Dubai’s flagship airline, would be interested in buying more A380s from Airbus if the planemaker brought a revamped version of the...
DUBAI: Bahrain’s national carrier Gulf Air said yesterday its annual losses fell by 52 percent in 2013 as it neared the end of...
DUBAI: Oman’s banks have enough capital to withstand the impact of severe shocks to the country’s economy, the central bank said, after conducting...
KUWAIT: Global Investment House, the Kuwaiti firm which completed a second debt restructuring last year, swung to a first-quarter net profit as fees...
