DUBAI: Bahrain’s Batelco has appointed Alan Whelan as group chief executive, the state-run telecommunications operator said yesterday, nearly 11 months after its former...
DUBAI: Bahrain’s Batelco has appointed Alan Whelan as group chief executive, the state-run telecommunications operator said yesterday, nearly 11 months after its former...
TRIPOLI: Libya could finalise an agreement in two to three days with rebels to reopen key oil ports, a government spokesman said yesterday,...
RIYADH: Saudi Arabia’s first and only budget airline, flynas, aims to grow at least 20 percent annually and expects to turn profitable in...
DUBAI: Dubai will compete with London for a share of Islamic banks’ liquidity management business by offering a new platform for murabaha trading....
KUWAIT CITY: Turkish President Abdullah Gul yesterday called on Gulf states to boost investments and cooperation with Ankara, assuring them of political stability...
DUBAI: Dubai’s Damac Real Estate launched its five-year, $650m sukuk issue yesterday at midswaps plus 310 basis points, at the tight end of...
DUBAI: Financial and property stocks lifted bourse in the United Arab Emirates yesterday, while Egypt rebounded after three days of heavy profit-taking. Dubai’s...
KUWAIT: Kuwait’s Burgan Bank wants to raise more capital this year to comply with the Basel III banking industry regulations while any acquisitions...
ISTANBUL: The Turkish economy grew by 4 percent last year, official data showed yesterday, after an unexpectedly firm fourth quarter, but analysts warned...
Doha: The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, confirmed that the member states of the Gulf...
ANKARA: Iran aims to increase its petrol imports over the next year, a senior Iranian oil official said yesterday, as the country has...
ABU DHABI: Etihad Airways plans to raise $2bn to pay for aircraft deliveries this year, the Abu Dhabi-based airline said yesterday after road...
MUSCAT: State-owned Oman Oil Refineries and Petroleum Industries Co (Orpic) said it had awarded two contracts for construction of a $3.6bn plastics production...
MOSCOW: Egypt has resumed talks about the creation of a free trade zone with the customs union of Russia, Belarus and Kazakhstan, Egyptian...
ABU DHABI: The shares of indebted mortgage lender Amlak will resume trading on the Dubai bourse in the second half of this year,...
DUBAI: Dubai-based real estate investment trust Emirates Reit said yesterday that it set the price range for its initial public offer of shares...
DUBAI: Dubai-based real estate investment trust Emirates Reit said yesterday that it set the price range for its initial public offer of shares...
DUBAI: Dubai-owned port operator DP World said domestic capacity constraints and tough market conditions were to blame after it reported declines in annual...