BAGHDAD: US energy giant Chevron has signed another oil exploration deal in Iraq’s autonomous Kurdistan region, it said yesterday, one of several contracts...
BAGHDAD: US energy giant Chevron has signed another oil exploration deal in Iraq’s autonomous Kurdistan region, it said yesterday, one of several contracts...
AMMAN: Washington’s decision to arm opponents of Syrian President Bashar Al Assad and reports of Gulf military aid to rebels have sent the...
DUBAI: Tunisia’s fledgling Islamic finance industry could take a 25 to 40 percent share of the country’s financial sector in five years’ time...
ABU DHABI: Abu Dhabi investment firm Waha Capital has acquired a 97-percent stake in a UAE healthcare company and plans to invest up...
DUBAI: Sadara Chemical Co, a joint venture between Saudi Aramco and Dow Chemical, has signed a fundraising package for the $19.3bn petrochemical complex...
ABU DHABI: Egypt’s government is in the late stages of verifying its economic reform programme with the International Monetary Fund before obtaining a...
TOULOUSE: Europe’s newest jetliner, the Airbus A350, successfully completed its maiden flight yesterday, stepping up the battle with arch-rival Boeing for sales of...
TUNIS: Tunisia has won $1.2bn in funding from the Saudi-based Islamic Development Bank (IDB), aimed at backing industrial, agricultural and trade projects in...
DUBAI: Bank of America Merrill Lynch raised its assessment of Qatar’s stock market to overweight from neutral, and cut the United Arab Emirates...
DUBAI: The United Arab Emirates is succeeding in strengthening its state finances by restraining spending, and managed last year to reduce the oil...
DUBAI: A statement on foreign exchange policy by Qatar’s Central Bank governor has struck a nerve in financial markets across the Gulf, reminding...
DUBAI: Oman needs to contain state spending and raise non-oil revenue in the medium term to keep its fiscal balance sustainable, the International...
KUWAIT CITY: Kuwait invited bids yesterday to build a solar farm to produce 70 megawatts of electricity by 2016, the first phase of...
DUBAI: New car sales in the United Arab Emirates are likely to jump above the peak achieved in 2008 before the global credit...
CAIRO: Egypt’s central bank said it had suspended its deposit auction yesterday and would hold a repurchase agreement (repo) auction in its place,...
DUBAI: Annual inflation in Yemen surged to 14 percent in April, the highest level since February 2012, fuelled by rises in the prices...
KHARTOUM: Sudan’s currency has fallen close to a record low against the dollar on the black market since Khartoum threatened to halt cross-border...
DUBAI: Dubai’s ruler yesterday pressed for the Gulf emirate to be given the right to host the 2020 Universal Exposition, as the Paris-based...
