MUSCAT: Oman’s 2014 budget plan will slow growth in state spending as the government grapples with rising pressure on its finances, Financial Affairs...
MUSCAT: Oman’s 2014 budget plan will slow growth in state spending as the government grapples with rising pressure on its finances, Financial Affairs...
DUBAI: Almost half of a sample of Middle East-based fund managers expect to raise equity allocations to Egypt in the next three months,...
ABU DHABI: The Gulf states are changing tack in their multi-billion dollar search for food security. With their farming projects in some of...
CAIRO: Egypt’s General Petroleum Corporation and Natural Gas Holding Company announced yesterday an international auction for 22 concessions for oil and gas exploration...
DUBAI: The National Iranian Gas Company (NIGC) has been forced to slash gas supplies to industrial consumers as cold weather drives up heating...
CAIRO: The Egyptian pound weakened at a forex auction yesterday, extending a series of falls at the central bank’s regular sale of dollars,...
London: As 2013 draws to a close, the outlook on globalisation and sustainability suggests a tentative balance between two alternative futures: one of...
BENGHAZI: Libya’s eastern Hariga port will resume oil exports within days after protesters agreed to end a four month blockage, an oil official...
TRIPOLI: Libya’s oil and gas industry association said that it was optimistic the government would soon reach an agreement with protesters occupying major...
A worker operates a furnace at Libyan Iron and Steel Company (Lisco) in Misrata yesterday. MISRATA: The Libyan Iron and Steel Company (Lisco)...
DUBAI: Bond issuance from the Gulf Arab region is set to surge next year on the back of heavy infrastructure spending and refinancing...
ABU DHABI: A Syrian state purchasing agency has issued a tender to buy 50,000 tonnes of flour with payment through an Iranian credit...
DUBAI: Dubai’s Emirates Airline announced it has boosted its fleet of Airbus A380s to 44 planes, taking delivery of another two of the...
Qatar’s Minister of Energy and Industry H E Dr Mohammed Saleh Al Sada (fourth right), Saudi Arabia’s Oil Minister Ali bin Ibrahim Al...
ROME: Abu Dhabi’s Etihad Airways is in early-stage talks over a possible ¤300m ($413m) investment in Alitalia, a political source close to the...
ZAWIYA: Libya is stepping up fuel imports, with four tankers queuing at one port as the Opec producer’s second-largest refinery is running at...
CAIRO: Egypt’s current account recorded a surplus in the first quarter of the financial year, boosted by billions of dollars in aid from...
NICOSIA: Bank of Cyprus (BoC) announced yesterday a nine-month net loss of ¤1.94bn ($2.66bn), mostly on the back of provisions for winding up...
