DUBAI: Dubai will host a new asset management firm specialising in awqaf (Islamic endowments), as the emirate seeks to become a global centre...
DUBAI: Dubai will host a new asset management firm specialising in awqaf (Islamic endowments), as the emirate seeks to become a global centre...
ABU DHABI: Shareholders of Abu Dhabi’s Aldar Properties have approved the developer’s plans to merge with rival Sorouh Real Estate at a meeting...
DUBAI: Bahrain’s loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has...
DUBAI: Dubai builder Arabtec, which underwent a major management shakeup last week, said it will rely on the reputation of its biggest shareholder...
Saudi Central Bank Governor Fahad Al Mubarak addresses the news conference in Riyadh, yesterday. RIYADH: Inflation in Saudi Arabia is running at acceptable...
MUSCAT: A top Omani oil official yesterday said the sultanate aims to increase oil production to 939,500 barrels per day (bpd) this year...
Dubai: Prominent businessman and Managing Director of Emke-Lulu Group and Director of Abu Dhabi Chamber Yusuffali MA yesterday welcomed the Indian budget as...
DUBAI: Property speculators are back in Dubai, aiming to make their fortunes by buying apartments and villas for cash, then selling them within...
Iran’s Supreme Leader Ayatollah Ali Khamenei talking to Pakistani President Asif Ali Zardari (centre), as Iranian President Mahmoud Ahmadinejad looks on in Tehran,...
CAIRO: Egypt will reopen talks with the IMF next month on a $4.8bn loan, a minister said yesterday, and the government laid out...
DUBAI/LONDON: Etisalat, the United Arab Emirates’ (UAE) biggest telecoms operator, has lined up advisers for its bid for Vivendi’s 53 percent stake in...
LONDON: The builder of The Shard skyscraper in London will be the project manager for the planned $1.2bn, 1,000-metre Kingdom Tower skyscraper in...
Dubai: Standard Chartered announced yesterday the appointment of Tom Emmet as Head of Mergers and Acquisitions (M&A) for the Middle East and North...
BAGHDAD: Iraq yesterday gave the go-ahead for a framework agreement to be signed for the construction of pipelines through Iraqi territory that would...
DUBAI: Abu Dhabi National Energy Co (Taqa), the state-owned energy and utility firm, plans to issue an $800m bond next month to refinance...
CAIRO: Egypt’s annual economic growth rate will hit 3 percent by end-June, below the government’s projected 4 percent because of political instability, the...
DUBAI: Saudi crude exports fell for the fourth month running in December, but the fall in shipments was less dramatic than the drop...
Dubai: Developer Nakheel is in talks to extend Dh8bn ($2.18 bn) in loans due in 2015, the indebted company’s chairman was quoted as...
