Oman cuts benefits for state agency employees

    DUBAI: Oman is cutting benefits for employees of state agenc...

UAE's First Gulf Bank Q1 net profit falls 6 pct on lower fee income

  DUBAI: First Gulf Bank on Wednesday posted a 6 percent fall in first-qua...

Etihad Airways 2015 profit hits $103 mn

  Abu Dhabi: Etihad Airways said on Wednesday its net profit for 2015 surg...

Saudi Aramco appoints new vice presidents

KHOBAR, Saudi Arabia: Saudi Aramco made new appointments to its executive rank...

Etisalat sees 8% profit drop in Q1

  Abu Dhabi: UAE telecom giant Etisalat said Tuesday that its net profit d...

Dubai airport passenger traffic rises 7.4 pct y/y in March

  DUBAI: Passenger numbers at Dubai International Airport, the world's...

Gulf Air to launch direct flights to Dhaka from May 30

  Doha: Gulf Air yesterday announced its planned return to Dhaka, Bangladesh from M...

Saudi Arabia to sell less than 5% of Aramco, create $2 trillion fund

Al Arabiya interview.  Riyadh: Saudi Arabia will sell shares in state oil ...

Saudi investment fund will turn kingdom into a global player: Mohammed bin Salman

Screenshot from Alarabiya Tv Channel. RIYADH: Saudi Arabia's new investment ...

Less than 5% of Aramco to be sold:  Mohammed bin Salman

Saudi Arabia's Deputy Crown Prince Mohammed bin Salman reacts upon his arrival at the E...

Saudi Cabinet approves vast economic reform plan

  Riyadh: The Saudi government on Monday approved a plan for vast econom...

IMF urges Gulf states to adapt to lower oil prices

File picture of IMF regional chief Masood Ahmed. Reuters    Dubai:...

Dubai’s GEMS Education to raise $250 million for expansion

By Arif Sharif and Matthew Martin GEMS Education, one of the world’s biggest opera...

Emirates' Antinori declines Air France-KLM CEO position

Thierry Antinori (file photo/reuters)   By Deena Kamel Yousef Emirates&rs...

Dubai's troubled Arabtec hires AlixPartners for review - sources

  DUBAI/ABU DHABI: - Loss-making Dubai contractor Arabtec's boar...

National Bank of Kuwait gets regulatory nod for capital raise

DUBAI: National Bank of Kuwait said on Sunday it had received approval from th...

Saudi Arabia close to securing $10 billion bank loan - sources

  DUBAI: Saudi Arabia is close to securing a $10 billion loan from ban...

Gulf shares may pull back after oil drops

Dubai: A retreat in crude oil prices may erase some of Gulf bourses' recent gai...

Saudi Arabia to announce post-oil plan on April 25

Jeddah: Saudi Arabia will announce a comprehensive economic plan for the country...

Saudi's SAFCO Q1 net profit dips 51.5 pct, misses estimates

    DUBAI: Saudi Arabia Fertilizers Co (SAFCO) missed analysts'...

Saudi's Arab National Bank Q1 profit beats forecasts despite 2.8 pct dip

  DUBAI: Arab National Bank, Saudi Arabia's seventh-largest lender by ...