LONDON: The world’s three big energy agencies are forecasting higher demand for Opec’s crude oil this year, a sign the producing nations’ strategy...
LONDON: The world’s three big energy agencies are forecasting higher demand for Opec’s crude oil this year, a sign the producing nations’ strategy...
Abdullah S Alenezi, Undersecretary at the Ministry of Commerce & Industry of Kuwait, inaugurating the 113th Lulu Hypermarket in Al Salam Mall in...
Gulf Air and Batelco have extended their partnership agreement to enhance benefits for Batelco’s Al Dana customers. Members of Batelco Al Dana Club,...
Gulf Air yesterday hosted media members on an exclusive tour of its newly retrofitted Airbus A330 aircraft – upgraded with fully-flat bed seats...
Expatriates crowd an exchange house to send money home Rising US dollar drives remittances from UAE Fuelled by the strengthening of the dollar...
DUBAI: Dubai Islamic Bank (DIB), the United Arab Emirates’ largest Sharia’h-compliant lender, posted a 64.1 percent increase in fourth-quarter net profit yesterday, as...
DUBAI: The Custodian of the Two Holy Mosques King Salman bin Abdulaziz of Saudi Arabia was quick to keep veteran Oil Minister Ali...
Dubai - Dubai real estate giant Nakheel, hit badly during the global debt crisis, said Wednesday its profits surged 43 percent on year...
WASHINGTON -- Losses from lower oil exports should sap up to $300 billion from economies in the Middle East and Central Asia this...
Iraqi Oil Minister KUWAIT CITY,--Iraqi Oil Minister Adel Abdul Mahdi predicted Wednesday that world prices would not fall much further after a plunge...
Visitors walk near solar-powered vehicles on display at the World Future Energy Summit 2014 in Abu Dhabi. Abu Dhabi: The United Arab Emirates...
DUBAI: Iran has no plans to call for an emergency Opec meeting to discuss the falling price of oil but was talking to...
CAIRO: Egypt’s central bank let the pound weaken yesterday for the second day running, a move analysts said was aimed at stamping out...
KUWAIT city: The depth of the oil price drop was unexpected, Kuwait’s oil minister said yesterday, repeating too that Opec had made the...
ABU DHABI: Gulf countries including the United Arab Emirates and Saudi Arabia are formulating new legislation to curb fuel smuggling, the UAE energy...
DUBAI: Bahrain’s cabinet has decided to raise prices of natural gas sold to companies, official news agency BNA reported in a sign that...
DUBAI: The court administering Dubai World’s restructuring has set March 17 as the provisional date for creditors to vote on whether to back...
Employees of Cyprus Airways take part in a demonstration against the closing down of the airline outside the Financial Ministry in Nicosia yesterday....
