MANAMA: Bahrain-based Ahli United Bank (AUB) is looking for acquisitions in its existing markets and in new ones as it tries to build...
MANAMA: Bahrain-based Ahli United Bank (AUB) is looking for acquisitions in its existing markets and in new ones as it tries to build...
BAGHDAD: From the giant southern oilfields to the lively souqs of Basra, China is drilling ever deeper into Iraq. Driven by an insatiable...
RABAT: Morocco has secured a ¤654m loan from German state-owned bank KFW to part-finance two solar power plants totalling 300 megawatts worth an...
A Lamborghini car is displayed at a luxury car exhibition in Riyadh yesterday.
DUBAI: Iran expects to draw up new framework agreements within six months, including oil production sharing contracts (PSCs), to lure foreign energy investors...
AMMAN: The cost of accommodating hundreds of thousands of Syrian refugees in Jordan is hampering the economy’s ability to grow substantially beyond a...
DUBAI: The United Arab Emirates has imposed limits on mortgage loans to prevent another boom-and-bust cycle in the property market, but the restrictions...
DUBAI: GEMS Education, a Dubai-based schools operator, is seeking to raise about $500m from a debut sale of hybrid Islamic bonds to finance...
KUWAIT: Kuwait’s stock exchange plans to launch derivatives trading in the first half of 2014 using its new Nasdaq-backed trading system, a senior...
DUBAI: Saudi shares extended losses as earnings disappointed investors, while most other Middle East bourses retreated in profit-taking. Saudi’s retail and telecom sectors...
DUBAI: Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end to large-scale...
TRIPOLI: Libya is considering the sale of a steel plant and eight other state companies as part of efforts to overhaul an inefficient...
ISTANBUL: Turkey will today unveil the world’s first sea tunnel connecting two continents, fulfilling a sultan’s dream 150 years ago, but also fuelling...
ABU DHABI: A Syrian agency re-issued two tenders yesterday, seeking quantities of rice and sugar it has repeatedly tried and failed to obtain...
DUBAI: Bahrain is still in the early stages of a series of bank mergers designed to strengthen the sector in the face of...
Mohammed Frikha, founder and owner of Syphax Airlines. TUNIS: The growth of a small Tunisian airline over the past two years is a...
CAIRO: Egypt, the world’s biggest wheat importer, will issue an international tender within the next two to four weeks to ensure its wheat...
Zain Group Chief Executive Scott Gegenheimer during the interview. KUWAIT: Mobile telecommunications group Zain wants to expand in North Africa by taking controlling...
