DUBAI: Oman plans to sell a 19 percent stake in its biggest mobile telecom operator, raising around $595m to help the Gulf state...
DUBAI: Oman plans to sell a 19 percent stake in its biggest mobile telecom operator, raising around $595m to help the Gulf state...
COLOMBO: Sri Lanka’s economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which...
LONDON: European airlines will have to cut costs at existing short-haul businesses to compete with budget airlines or struggle to stay aloft, IAG...
DUBAI/PARIS: Total and its joint venture partner have agreed to buy Chevron Corp’s retail distribution business in Pakistan, following a similar move by...
Recipients of The Oil & Gas Year 2013 Awards during a ceremony at the InterContinental Hotel yesterday. (Shaival Dalal) DOHA: Qatar is currently...
DOHA: The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, has said the diversification strategy of Qatar’s energy...
NEW YORK: Global oil prices fell yesterday, after US and Russian officials reached a weekend deal to remove Syria’s chemical weapons, easing investor...
DOHA: Powered by large-scale public infrastructure spending, Qatar’s real gross domestic product (GDP) is forecast to grow by 6.5 percent in 2013 and...
The logo of Zurich Insurance Group at a building beside a construction site in Opfikon, near Zurich, yesterday. By rolling out marketing campaigns,...
LISBON: Portugal’s creditors arrived back in Lisbon yesterday to assess the country’s progress under its ¤78bn bailout as Brussels signals it will not...
SINGAPORE: China’s top refiner Sinopec Corp is expected to resume high-volume diesel exports after Beijing approved a quota for the company to export...
LONDON: Companies around the world are increasingly turning to equity issuance to raise capital, a sign of growing corporate and investor confidence that...
COPENHAGEN: Denmark’s biggest bank, Danske Bank, yesterday ousted its chief executive, saying in a bluntly worded statement that the group needed a leader...
MUMBAI: Shares in Indian generic drugs giant Ranbaxy Laboratories crashed by as much as 35 percent yesterday after the US Food and Drug...
Doha: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), was honoured with the 2013 Downstream Company of the Year award by The...
Doha: The International Herald Tribune’s fourth Global Clean Energy Forum (GCEF), held for the first time in Qatar, will bring together top-level energy...
DUBAI: Abu Dhabi’s Gulf Capital said yesterday it has hired an investment bank to advise it on a renewed attempt to issue shares...
DUBAI: GEMS Education, a Dubai-based schools operator, is seeking to raise about $500m to fund growth by selling a stake of up to...