Emirates airline 2014 net profit up 40 percent on lower oil price

DUBAI: Emirates, Dubai's flagship airline, reported a 40 percent jump in annual net pro...

Gulf oil exporters should cut spending, diversify: IMF

Dubai: Gulf oil exporters must reduce spending, including subsidies, and diversify their ec...

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DUBAI: Banks are tightening lending conditions for small, private companies in the Gulf —...

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LONDON: Saudi Arabia has a response to the global surplus of oil: Raise output to near-record l...

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  BELGRADE: Serbia sealed an agreement with an Abu Dhabi investor on Sunday for a multi...

Saudi giant SABIC Q1 net profit down 39 percent

  Riyadh--Saudi petrochemicals giant SABIC on Sunday posted a 39 percent decline in...

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DUBAI: Qatar’s bourse fell yesterday after Gulf International Services (GIS) said weak oi...

Alabbar says remain committed to Emaar

DUBAI: The chairman of Emaar Properties has insisted he remains committed to the Dubai-base...

Bahrain to Host Third GCC Leadership Conference

MANAMA:  Bahrain will host the Third GCC Leadership Conference, titled "Developing En...

Islamic finance must address challenges to thrive: IMF

Dubai: The Islamic finance system faces several key challenges if it is to unlock its huge ...

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DUBAI/Cairo: Growth in Saudi Arabia’s non-oil private sector accelerated to a six-month h...

Dubai Ports World to Acquire Fairview Container Terminal in Canada

DUBAI: Dubai Ports World (DP World) announced on Thursday its agreement to acquire Maher Termin...

Gulf markets can cope with conflict in Yemen

A businessman gazes at share prices on the Tokyo Stock Exchange in Tokyo yesterday. Stock m...

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Doha: Gulf Air, the national carrier of the Kingdom of Bahrain, confirmed the suspension of its...

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BERLIN: Saudi Arabia’s oil minister said yesterday he expected oil prices, which hit a ne...

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DUBAI: Falcon Private Bank is open to buying rivals as it expects a wave of consolidation in th...

UAE Etisalat telecom's profit up 26% in 2014

    Dubai--UAE telecom giant Etisalat said Thursday its net profit surged 2...

Saudi telecom suspended over 'loss': market regulator

  Riyadh--Saudi Arabia's stock market regulator on Wednesday suspended trading ...

Oil market is stabilising, $60 is OK for now: Gulf Opec delegate

RIYADH: Oil prices have started to stabilise around current levels of $60 a barrel and de...

UAE armed forces sign Dh9.5 billion worth of defence contracts

  ABU DHABI: The UAE armed forces announced Dh9.5 billion worth of orders for ships...

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DUBAI: Gulf stock markets consolidated yesterday after seesawing in line with oil prices over t...