RIYADH: Saudi British Bank (SABB), Saudi Arabia’s fourth-largest listed bank, said its fourth-quarter net profit rose 20 percent over the same period of...
RIYADH: Saudi British Bank (SABB), Saudi Arabia’s fourth-largest listed bank, said its fourth-quarter net profit rose 20 percent over the same period of...
LONDON/ANKARA: Iran and Russia are negotiating an oil-for-goods swap worth $1.5bn a month that would let Iran lift oil exports substantially, in defiance...
ISTANBUL: Turkish Prime Minister Recep Tayyip Erdogan’s public feud with judiciary and police force over a corruption scandal shaking his government continued to...
TUNIS: Tunisia’s government, under pressure from protests over public spending cuts, said yesterday it had done enough to persuade the IMF to approve...
DUBAI: Abu Dhabi National Oil Company (Adnoc) will take full control of the Adco oil concession when the decades-old partnerships with some of...
TRIPOLI: Libya will take to court any foreign firms trying to buy oil from eastern ports seized by armed protesters and stop doing...
BEIRUT: Lebanon delayed until April its first offshore gas licensing round for a third time yesterday after politicians repeatedly failed to form a...
ISTANBUL: The Turkish lira is likely to stabilise against the dollar in coming months despite pressure on it due to capital flows out...
DUBAI: Saudi Arabia retailer Jarir Marketing posted a 16 percent rise in fourth-quarter net profit yesterday, slightly above estimates as sales of smart...
ISTANBUL: Uncertainty caused by Turkey’s corruption scandal could hit economic growth in the near term, Finance Minister Mehmet Simsek said yesterday, while ratings...
Tourists check rates outside a currency exchange office in central Istanbul yesterday. ANKARA: The Turkish lira plunged to a new low against the...
CAIRO: Business activity in Egypt grew for a second consecutive month in December, a survey showed yesterday, in a positive sign that the...
DUBAI: Growth in overall business activity in the United Arab Emirates’ non-oil private sector slowed slightly in December, but output expanded at the...
TRIPOLI: Libya will transform its banking and economic system to comply fully with Islamic law that bans interest payments, the economy minister and...
KUWAIT: Kuwait’s budget surplus narrowed in the first six months of its fiscal year as spending soared over 50 percent, partly thanks to...
TRIPOLI: Libya has restarted oil production at the southern El Sharara field with an initial output of 60,000 barrels per day (bpd) after...
TRIPOLI: , As strikes at Libyan oil ports run into a sixth month, reducing government income to a trickle, a budget crisis could...
ISTANBUL: The Turkish lira touched a new low against the dollar and shares also slid yesterday, under pressure from a corruption scandal roiling...
