CAIRO: Egypt’s foreign reserves have risen to $15.5bn, helped by a deposit by Qatar to support the economy, its finance minister said, although...
CAIRO: Egypt’s foreign reserves have risen to $15.5bn, helped by a deposit by Qatar to support the economy, its finance minister said, although...
Kuwait: Kuwait’s budget surplus for the first eight months (April 2012 to November 2012) of fiscal year 2012/2013 reached KD14.7bn ($52bn), exceeding the...
SANA’A: Yemen’s parliament approved the transitional government’s YR2.77tn ($12.9bn) 2013 spending plan yesterday, four weeks after it was passed by the cabinet, after...
WASHINGTON: The International Monetary Fund has begun negotiations with Tunisia on a loan programme and hopes to return to Egypt for talks on...
JEDDAH: Saudi Arabian dairy and food producer Almarai Co posted a 29.2 percent rise in its fourth-quarter net profit, beating analyst forecasts, the...
A helicopter airlifts the Aston Martin Vanquish onto the helipad of the Burj Al Arab Hotel, yesterday. The aerial extravaganza was held as...
DUBAI: A jump in US Treasury yields in the last few weeks has raised a grim possibility for emerging market bond investors: A...
DUBAI: Dubai’s bourse climbed to a new two-year high yesterday as investors shifted funds to stocks lagging an early-year rally, while other regional...
ABU DHABI: The share of renewables in the global energy mix has increased over the past decade to more than 15 percent but...
DUBAI: Abu Dhabi’s Taqa has no restart date for oil output stopped after a leak at its Cormorant Alpha platform, a part of...
ABU DHABI: Banks in the UAE agreed yesterday to make a formal plea to the central bank to ease the mortgage limits which...
KHARTOUM: Sudan plans to increase oil production to at least 150,000 barrels per day (bpd) this year thanks to two new oilfields and...
ABU DHABI: The world oil market is well-balanced and well-supplied, UAE Energy Minister Mohammed Al Hamli said yesterday, adding his country plans to...
JEDDAH: Savola Group, the Saudi-based food conglomerate, posted a 17 percent drop in fourth-quarter net profit, missing analysts’ forecasts, mainly due to a...
BAGHDAD: Iraq’s cabinet approved an $879m oilfield service contract with Samsung Engineering for the development of the Badra oil field, the cabinet said...
Jordanian dealers monitor price movements at the investors’ gallery of the Amman Stock Exchange, yesterday. DUBAI: Saudi Arabia’s banks dragged down the bourse...
DUBAI: Saudi Arabia’s telecoms regulator has a set a May 4 deadline for companies to submit applications for three mobile virtual network operator...
DUBAI: Investcorp, one of the Middle East’s largest private equity houses, has sold CCC Information Services to US-headquartered Leonard Green & Partners, the...
