DUBAI: The UAE’s top telecom operator Etisalat has stopped blocking the website of Skype, the world’s No.1 Internet-based phone call provider, although the...
DUBAI: The UAE’s top telecom operator Etisalat has stopped blocking the website of Skype, the world’s No.1 Internet-based phone call provider, although the...
DOha/DUBAI: Saudi Arabia’s banks helped lift the bourse yesterday after two lenders posted estimate-beating earnings, while other regional markets also gained as bargain-hunters...
Egyptian President Mohammed Mursi (centre) meeting with EU foreign policy chief Catherine Ashton in Cairo, yesterday. CAIRO: The European Union’s foreign policy chief...
ABU DHABI: Etihad Airways said passenger revenues rose 19 percent in the first quarter as Abu Dhabi’s flagship carrier expanded globally through partnership...
DUBAI: Morgan Stanley named veteran banker Sammy Kayello as the chief executive and chairman of its business in the Middle East and North...
RIYADH: Saudi Arabia’s Riyad Bank posted a 5.5 percent rise in its first-quarter profits yesterday, beating analysts’ forecasts. The kingdom’s third-largest listed bank...
KUWAIT: Kuwait’s No.1 telecom operator Zain yesterday said its Iraqi unit would complete an initial public offering by the end of 2013, signally...
DUBAI: Shuaa Capital has named Kamel Almunajjed as chairman of its Saudi Arabia subsidiary, the Dubai-based investment bank’s latest senior appointment as it...
CAIRO: EFG Hermes, the Middle East’s top investment bank, yesterday said a merger deal with Qatari investment company QInvest will lapse on May...
DUBAI: Kuwait’s small-caps helped lift the bourse to a 26-month high yesterday as investors bet on improving earnings, while other regional markets were...
NICOSIA: Bank workers in bailed out Cyprus staged a work stoppage yesterday over fears that pensions may be at risk, as more details...
DUBAI: Bahrain’s telecom regulator is locked in a dispute with a wireless broadband operator that has halted the sale of radio spectrum for...
ABU DHABI: National Bank of Abu Dhabi named the banker who led Australia and New Zealand Banking Group’s push into Asia as its...
CAIRO: An International Monetary Fund (IMF) team resumed long delayed negotiations with Egypt yesterday on a $4.8bn loan to ease an economic crisis...
Abu Dhabi: Abu Dhabi Marine Operating Company (ADMA-OPCO) has signed two Engineering, Procurement and Construction (EPC) contracts valued at around $2.4bn for the...
TUNIS: Tunisia’s consumer price inflation jumped to 6.5 percent in March, the highest rate in at least five years, from 5.8 percent in...
DUBAI: Dubai’s index rebounded from a two-month low yesterday, although thin trading left investors unsure whether these gains marked the end of a...
DUBAI: Damac Properties, a privately-held Dubai developer, is considering listing its shares on the stock market and has approached banks with proposals for...