DUBAI: Dubai Islamic Bank (DIB) is expected to price a dollar-denominated sukuk of benchmark size as soon as Tuesday after releasing initial price...
DUBAI: Dubai Islamic Bank (DIB) is expected to price a dollar-denominated sukuk of benchmark size as soon as Tuesday after releasing initial price...
DUBAI: The board of Saudi Arabia's stock market has formally appointed Khalid Abdullah al-Hussan as chief executive effective from Mar. 21, according to...
ISTANBUL: Turkey’s interest rates should ‘definitely’ be lowered and the interest rate corridor must be narrowed from the top downwards, an aide to...
The Egyptian pound weakened on the black market despite central bank moves to close the gap between dollar demand and supply by pumping...
Cairo: Egypt said on Sunday that Saudi Arabia has offered $1.5 billion to help finance economic projects in the Sinai Peninsula, as Riyadh...
DUBAI: Dubai-listed Arabtec has won a 1.7 billion dirhams ($462.85 million) contract from the UAE federal government to build 1,100 houses in the...
MUSCAT: Oman has not yet been invited to a meeting in Qatar on April 17 at which oil producers plan to discuss a...
Iranian Foreign Minister Mohammad Javad Zarif. Reuters ISTANBUL: Iran wants to discuss greater economic cooperation with neighbouring Turkey in talks in Istanbul on...
DUBAI: Abu Dhabi state fund Mubadala Development signalled on Friday that it was committed to investments in Brazil despite political protests, economic crisis...
The Galfar headquarters in Ghala. (Source: Muscat Daily) DUBAI: Oman's Galfar Engineering has been awarded a 115 million rials ($299.21 million) construction contract...
By Marwa Rashad RIYADH: Saudi Arabia’s government, its finances strained by low oil prices, is opening a fresh austerity drive by ordering ministries...
KUWAIT: Kuwaiti Finance Minister Anas al-Saleh told a press conference on Monday that the cabinet had approved a plan to impose a 10...
File photo of Iran's oil minister Bijan Mandar Zangeneh. REUTERS TEHRAN: Iran's oil minister says U.S. companies are welcome to invest in the...
DOHA: The Doha declaration to freeze oil production at the January level boosted the GCC’s equity market sentiment in February. After January’s shaky...
Malta-flagged Iranian crude oil supertanker ''Delvar'' is seen anchored off Singapore in this March 1, 2012 file photo. REUTERS BY DMITRY ZHDANNIKOV AND...
ERBIL: Work on a pipeline carrying oil from northern Iraq to Turkey should be complete “in a day or two”, an industry source...
A food vendor works in his roadside stall as he waits for customers in Yemen's capital Sanaa March 3, 2016. (Reuters / Khaled...
A view of the city skyline and River Nile from Cairo tower building. (Reuters/ file photo) CAIRO: Egyptian real estate developer SODIC has...
