DUBAI: Saudi Arabia is still expected to chalk up the region’s biggest ever listing when National Commercial Bank’s SR22.5bn ($6bn) offering closes on...
DUBAI: Saudi Arabia is still expected to chalk up the region’s biggest ever listing when National Commercial Bank’s SR22.5bn ($6bn) offering closes on...
The Emir of Kuwait, H H Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Al Sabah (centre) addressing the opening of the third regular session of...
DUBAI: The chairman of Dubai’s biggest real estate developer, Emaar Properties, said he welcomed talk of a slowdown in the emirate’s property market...
DUBAI: Capital outflows from Gulf Arab states have totalled only about $780m since the US Federal Reserve unveiled its plan to wind down...
DUBAI: Iraq’s economy is likely to shrink 2.7 percent this year, the first contraction since the US-led invasion in 2003, after Islamic State...
A street musician plays his instrument outside a Eurobank branch in central Athens yesterday. Greek bank deposits rose in September for the seventh...
Beijing: Kuwait’s crude oil exports to China jumped 64.5 percent in September from a year earlier to a six-month high of 1.17 million...
Dubai: The head of LULU Group, Yusuff Ali MA, has maintained his top position for the fifth time in a row at the...
KUWAIT CITY: Energy kingpin Saudi Arabia and other wealthy Gulf states are set to resist pressure to tighten the taps significantly to shore...
KUWAIT: Oman’s government is likely to start cutting some state subsidies next year as the decline in global oil prices pressures its finances,...
KUWAIT CITY: The oil-rich Gulf state of Kuwait had accumulated reserves of $548bn as of June 30 after continued growth in the first...
KUWAIT CITY: Oil-dependent Gulf states will face budget shortfalls if the recent decline in oil prices persists, International Monetary Fund chief Christine Lagarde...
Doha: Gulf Air, the national carrier of the Kingdom of Bahrain, announced that, following its successful resumption of operations to Thiruvananthapuram last year,...
LONDON: Lebanon’s government plans to issue a $450m Eurobond by the end of this year to meet the country’s funding needs, the country’s...
DUBAI/al KHOBAR: Saudi Arabia’s closure of an offshore oilfield it shares with Kuwait has revived speculation of renewed tensions between the two, and...
riyadh: Investment bank Saudi Fransi Capital has three big initial public offers of shares in the pipeline as the Saudi Arabian equity market...
RIYADH: National Commercial Bank (NCB) has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged...
DUBAI: Moody’s raised Egypt’s credit ratings outlook to stable from negative yesterday, citing a more stable political and security situation and signs of...
