KUWAIT CITY: State-owned Kuwait Airways Co said yesterday that it has agreed to buy 10 Boeing 777-300ERs, with delivery to begin in two...
KUWAIT CITY: State-owned Kuwait Airways Co said yesterday that it has agreed to buy 10 Boeing 777-300ERs, with delivery to begin in two...
RIYADH: Foreign institutional investors are expected to begin direct trading of Saudi Arabian stocks before April next year, the Asharq Al Awsat newspaper...
DUBAI: Kuwait’s dinar rose sharply against the US dollar in the forwards market yesterday in response to news that the Kuwaiti central bank...
DUBAI: Aviation will account for more than a third of Dubai’s economy by 2020, a study said yesterday. Oil-poor Dubai has spent years...
DUBAI: Iran’s oil minister accused some countries yesterday of making up excuses to justify their refusal to stabilise prices by cutting output, a...
DOHA: The GCC construction sector is leveraging advanced construction software to deliver on its $1.3 trillion value, industry experts announced yesterday in Dubai....
DUBAI: Kuwait’s cabinet called for practical steps to address the slide in oil prices yesterday at a special session convened to examine weakening...
DUBAI: Opec hawks Iran and Venezuela yesterday called on fellow crude producers to shore up prices that have plunged more than 30 percent...
A general view of the offshore Kristin oil and gas platform in the North Sea, east from Kristiansund. Norway looks set actually to...
ACAPULCO: Saudi Arabia, the world’s top oil exporter, will double its natural gas output by 2030 but plans to keep all of it...
CAIRO: Egypt plans to repay all of its $4.9bn debt to foreign oil and gas companies within six months, the oil ministry said...
Investors monitor screens at the Saudi Stock Exchange in Riyadh. Shares in Saudi Arabia’s biggest lender, National Commercial Bank, jumped the 10 percent...
Participants at the British Standards Institution’s (BSI) ISO Revisions event held in Doha. Over 100 senior officials attended the event, which was targeted...
ABU DHABI: The United Arab Emirates’ credit bureau has begun covering retail customers and plans to extend its work to companies next year,...
BRUSSELS: Abu Dhabi’s Etihad Airways is set to win conditional EU antitrust approval for its purchase of 49 percent of Alitalia, two people...
DUBAI: Kuwait’s Agility, the largest Gulf Arab logistics group, posted an eight percent increase in third-quarter net profit yesterday, as earnings from its...
DUBAI: Kuwait’s government budget surplus reached KD8.97bn ($31bn) in the first six months of this fiscal year as expenditure remained well below the...
ABU DHABI: Iran will have to offer attractive terms to draw investment by international oil companies because the firms have become more risk-averse...
