DEAD SEA, Jordan-- Burgan Bank, Kuwait's third-largest lender by assets, will consider expanding in the United Arab Emirates, Saudi Arabia and Egypt as...
DEAD SEA, Jordan-- Burgan Bank, Kuwait's third-largest lender by assets, will consider expanding in the United Arab Emirates, Saudi Arabia and Egypt as...
ALGIERS-- Algeria's state energy firm Sonatrach has named Amine Mazouzi as its new chief executive to replace interim chief Said Sahnoun, who had...
The United Arab Emirates National Bureau of Statistics has released the following April consumer price data, showing annual inflation slowed down slightly after...
DUBAI--National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude...
ANKARA--The Turkish arm of French carmaker Renault on Saturday offered concessions including a cash lump sum to striking workers if they return to...
Latest Last change Previous Central bank o/n deposit 8.75 01/15/15 9.25 Central bank o/n lending 9.75 01/15/15 10.25 Central bank discount rate 9.75...
DUBAI--Gulf stock markets may come under pressure on Sunday after oil prices fell and Islamic State militants carried out their first attack in...
Tehran--Iran can no longer sustain the billions of dollars needed to pay cash handouts enacted by former president Mahmoud Ahmadinejad, a top official...
KHARTOUM-- Sudan's inflation rate climbed to 24.3 percent in April from 23.2 percent in March, the Central Statistics Office said on Sunday, marking...
RIYADH--Saudi Arabia's Central Department of Statistics released the following April consumer price data on Sunday, showing inflation flat at its March level, which...
KHOBAR, Saudi Arabia-- Saudi Arabia's PetroRabigh has restarted a vacuum distillation unit after unscheduled maintenance at its 400,000 barrel per day oil refinery,...
ABU DHABI-- Abu Dhabi investment firm Waha Capital plans to invest up to 4 billion dirhams ($1.08 billion) by 2020, the company said...
DUBAI-- Kuwait's Agility, one of the largest Gulf logistics companies, reported a 5 percent rise in first-quarter net profit on Sunday. The firm's...
DUBAI-- Mixed messages from the oil market and concern that full-scale fighting in Yemen may soon resume could leave Gulf bourses trading sideways...
DUBAI: Emirates, Dubai's flagship airline, reported a 40 percent jump in annual net profit on Thursday, aided by savings from lower oil prices....
Dubai: Gulf oil exporters must reduce spending, including subsidies, and diversify their economies to cope with lower revenues caused by the sharp drop...
DUBAI--- Burgan Bank, Kuwait's third-largest lender by assets, reported a 2 percent rise in first-quarter net profit on Monday, missing analysts' forecasts. Burgan,...
Beirut--Lebanon's land exports to Gulf markets have been choked off, leaving millions of dollars in goods stranded after the closure of a vital...
