DUBAI: Abu Dhabi’s economy expanded an inflation-adjusted 5.2 percent in 2013, its official statistics centre said yesterday, a much slower rate than the...
DUBAI: Abu Dhabi’s economy expanded an inflation-adjusted 5.2 percent in 2013, its official statistics centre said yesterday, a much slower rate than the...
DUBAI: Dubai-based construction firm Arabtec Holding aims to float half of its Egyptian unit on the Cairo stock exchange in 2016 or 2017...
DUBAI: Bank Dhofar has proposed a preliminary share swap ratio and completed a study for its possible merger with Bank Sohar, the latter...
DUBAI: Etisalat, the Abu Dhabi-based telecoms firm, has added four banks to the list of bookrunners for its potential debut bond, which could...
DUBAI: Bahrain’s state budget deficit nearly doubled to BD410m ($1.1bn) in 2013 but was only a fraction of the original projection as spending...
DUBAI: Etihad Airways said it had set the terms for investing in loss-making airline Alitalia and was looking to conclude the deal, as...
BAGHDAD: Iraqi oil exports rose for a second consecutive month in May, figures showed yesterday, despite a northern pipeline remaining disabled and a...
DUBAI: Saudi Arabia’s Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, plans to issue its debut...
CAIRO: Egypt has launched a tender to import hundreds of thousands of tonnes of petroleum products in the third quarter of 2014, an...
Tunis: Tunisia’s oil production has declined, to reach for the first time 59,000 barrels per day from 115,000 barrels, since no exploration wells...
A pedestrian walks past currency exchange shop and street stalls in Cairo yesterday. CAIRO: Egypt has approved the introduction of a 10 percent...
DUBAI: Bahrain has become the first country in the Gulf outside Saudi Arabia to clarify its treatment of capital-boosting instruments under Basel III...
DUBAI: Dubai’s Emaar Properties said yesterday it will list up to 25 percent of its malls business on the Dubai Financial Market (DFM),...
DUBAI: Abu Dhabi gave Etisalat a $500m grant towards its €4.14bn purchase of 53 percent of Maroc Telecom, the company’s prospectus for a...
CAIRO: Egypt’s government said yesterday it plans to cut petroleum product subsidies in the next fiscal year but still expects the budget deficit...
DUBAI: Bahrain plans an initial public offering (IPO) of shares in the company operating its Khalifa bin Salman port, the Ministry of Transportation...
A general view of the Shoubra El Kheima Power Station of North Cairo Electricity Distribution Company in Cairo. Former army chief Abdel Fattah...
ABU DHABI: National Bank of Abu Dhabi plans to set up a regional financial base in India before the end of this year...
