Dubai’s Nakheel expects higher 2016 profitDubai property developer Nakheel expects 2016 annual net profit to exceed the 4.4bn dirhams ($1.2bn) it made last...
Dubai’s Nakheel expects higher 2016 profitDubai property developer Nakheel expects 2016 annual net profit to exceed the 4.4bn dirhams ($1.2bn) it made last...
Shares in Saudi Basic Industries drop 1.6 percent to 93.75 dirhams. Company’s board proposed paying cash dividend of 2 riyals per share for...
Dubai: Egypt’s stock index surged 3.1 percent in heavy trade yesterday as the Egyptian pound depreciated against the US dollar, prompting more buying...
DUBAI/DOHA: Qatari banks Masraf Al Rayan , Barwa Bank and International Bank of Qatar have begun initial talks for a potential merger, the...
CAIRO: Egyptian Agriculture Minister Essam Fayed told lawmakers on Monday that 2.4 mln feddans (around 1 mln hectares) were cultivated with wheat this...
The cabinet agreed late Sunday to move PrivatBank into full state ownership, saying the move was carried out "in close coordination with international...
Hong Kong: The dollar retreated against most major peers in Asian trade on Monday as investors cashed in after a Federal Reserve-fuelled surge...
Kuala Lumpur: Malaysia's ringgit hit its lowest level against the dollar since the Asian financial crisis as emerging-market currencies are hammered by a...
United Development Company (UDC) and Commercial Bank have signed a financing agreement worth QR730m (about $200m), to fund the construction of ‘Al Mutahidah...
London: The UK could try to stay in the European customs union after Brexit, International Trade Secretary Liam Fox (pictured) said, in a...
London: The UK and South Korea are set to begin regular trade talks, with luxury brands a particularly promising topic, as Britain prepares...
The month of December confirmed that the divergence in global monetary policies is now in motion, said QNB in its Economic Commentary yesterday....
Copenhagen: Denmark’s government, which owns stakes in 27 companies including Dong Energy A/S and SAS AB, is prepared to sell off everything that...
German technology giant Siemens has inaugurated its new 'Ingenuity for life centre' with a tour of 20 school-age children from Abu Dhabi, who...
London: Scotland will publish proposals this week for how it can remain in the European single market after Britain leaves the European Union...
Stock markets in the Gulf made small gains yesterday morning after crude oil prices climbed back towards 17-month highs at the end of...
South Korea's major think-thanks yesterday predicted the country's economy may grow in the low 2 percent range next year, citing a global trade...