Jeddah: The Saudi Arabian Public Investment Fund (PIF), the Kingdom of Saudi Arabia's long-term sovereign investment arm, on Wednesday announced that it has...
Jeddah: The Saudi Arabian Public Investment Fund (PIF), the Kingdom of Saudi Arabia's long-term sovereign investment arm, on Wednesday announced that it has...
ISTANBUL: Iran will soon sign a $3 billion investment deal with Turkish private companies on building a 5,000 megawatt power plant in Iran,...
Kuwait City: Kuwait's Public Works Minister Ali al-Omair Monday signed a $4.4-billion (3.9-billion-euro) contract with Turkish firm Limak Construction for a new airport...
DUBAI: Kuwait’s al-Kharafi family has scrapped a sale of a majority stake in Kuwait Food Co (Americana) to a Gulf-based consortium, a company...
CAIRO: The Egyptian government is argeting a budget deficit of 9.8 percent for 2016-2017 and 9 percent for the following year, the planning...
The Islamic Development Bank has given its initial agreement to provide $3 billion in easy loans and grants to Iraq, helping the nation...
Labourers work at the construction site of a building in Tehran, Iran January 20, 2016. REUTERS/RAHEB HOMAVANDI/TIMA/FILE PHOTO BY BOZORGMEHR SHARAFEDIN DUBAI: Long...
File photo shows a door of a General Electric (GE) refrigerator at a store selling electronics and appliances in Montebello, California. (AFP /...
By Nidal al-Mughrabi GAZA: Israel resumed cement shipments to the Gaza Strip on Monday, ending a 45-day-old ban it imposed after it accused...
BEIRUT, May 17 (Reuters) - Lebanon's central bank governor said on Tuesday Lebanese banks must comply with a new U.S. law targeting Shi'ite...
David Lipton, first deputy managing director of the International Monetary Fund (IMF), speaks at a fiscal forum roundtable discussion during the IMF and...
(photo: dnata) By Manus Cranny and Deena Kamel Yousef Emirates Group’s aviation services arm is looking for acquisition opportunities after the cash-rich unit...
A file photo of an investor monitoring the stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016....
Tehran: Big European banks remain reluctant to work in Iran four months after the lifting of international sanctions under a landmark nuclear deal...
Tunisian guard at the Ras Jdir border crossing between Tunisia and Libya on November 26, 2015 (AFP Photo/Fethi Nasri) Zarzis, Tunisia: Border traffic...
U.S. Secretary of State John Kerry (L) is met by Britain's Foreign Office minister Hugo Swire as he arrives at a summit on...
DUBAI: Saudi International Petrochemical Company (Sipchem) plans to recall a sukuk maturing on July 6 three weeks early, it said in a bourse...
KIGALI: Dubai-based emerging market investment fund Abraaj will spend up to $500 million in start-up capital for a mid-tier hospital business in Africa,...
