DUBAI: Kuwait Finance House (KFH), the Gulf Arab state’s largest Islamic bank, will begin a KD64m ($223.9m) capital increase programme on Wednesday to...
DUBAI: Kuwait Finance House (KFH), the Gulf Arab state’s largest Islamic bank, will begin a KD64m ($223.9m) capital increase programme on Wednesday to...
RIYADH: Emirates National Oil Co (ENOC) has cut the retail price of diesel by 20 fils to Dh3.50 a litre, it said yesterday....
DALLAS: Kinder Morgan Energy Partners LP said that it has shelved plans for a pipeline carrying crude oil from Texas to California because...
CAIRO: Egypt has converted $2.5bn that Qatar lent it in December into 18-month notes and is working to convert another $3bn lent this...
MANAMA : The International Oil and Gas Dispute Resolution Conference 2013 yesterday announced the Patronage of HRH Prince Khalifa bin Salman Al Khalifa,...
DUBAI: Qatar’s blue chips helped lift the bourse to a new 28-month high on Wednesday, while most other Gulf markets also gained. Doha’s...
DUBAI: Qatar’s one-year currency forwards fell yesterday to their lowest level since May 2012 after the central bank hinted the country could drop...
ISTANBUL: When Turkish Prime Minister Tayyip Erdogan came to power a decade ago it would have been almost unthinkable for his government to...
RIYADH: Saudi Finance Minister Ibrahim Al Assaf disagreed yesterday with the IMF’s forecast that the oil-rich kingdom’s GDP will grow by only 4.4...
DUBAI: Oman’s government is considering a proposal to issue dollar-denominated sovereign bonds sometime in 2014, which could lead to regular debt sales in...
DUBAI: Islamic Development Bank (IsDB), a Jeddah-based multilateral institution, raised $1bn from the sale of a five-year Islamic bond, or sukuk, at par...
HAMBURG: Egypt’s state-owned Food Industries Holding Company (FIHC) has bought 9,000 tonnes of soy oil and 12,000 tonnes of sunflower oil in an...
ABU DHABI: UAE healthcare provider Al Noor Hospitals Group aims to raise some $150m through an initial public offering (IPO) of shares on...
DUBAI: The International Monetary Fund hopes to agree a new longer term loan for impoverished Yemen by the end of 2013 and mobilise...
DUBAI: Royal Bank of Scotland’s former chief executive of its Middle East and Africa business is joining Abu Dhabi-based First Gulf Bank (FGB),...
Cairo: Russia’s Altimo failed to secure a majority stake in Egypt-based Orascom Telecom by a Monday deadline and said it was ready to...
DUBAI: Abu Dhabi Investment Authority is reducing target exposures to developed market stocks and looking for growth in emerging markets, the sovereign wealth...
JERUSALEM: The Bank of Israel kept up its battle against shekel appreciation and the prospect of slower export growth with its second interest...
