BAGHDAD: Iraq’s Cabinet announced yesterday it has authorised mobile phone firms to use third-generation frequencies, after years of promises amid the frustrated pleas...
BAGHDAD: Iraq’s Cabinet announced yesterday it has authorised mobile phone firms to use third-generation frequencies, after years of promises amid the frustrated pleas...
CAIRO: The Egyptian pound hit a 10-month low yesterday as the central bank let the local currency weaken further, while a persistent dollar...
Muscat: H E Jassim Seif Ahmed Al Sulaiti, the Minister of Transport and Chairman of the Board of Directors of Qatar Transport Company...
DUBAI: Oman’s economic growth plunged to 2.8 percent in nominal terms in 2013, its slowest pace of expansion since 2009, as output in...
Maayankutty C, Director, Malabar Group, inaugurating Malabar Gold & Diamonds’ renovated and expanded outlet at Lulu Hypermarket, Al Nahda, Sharjah in the presence...
DUBAI: The Chief Executive of Dubai Islamic Bank (DIB) said yesterday it was in talks to buy a 40 percent stake in an...
ANKARA: Barred by sanctions from buying Western airliners since the 1970s, Iran has pent-up demand for 400 new planes, Tehran’s top aviation official...
DUBAI: Bahrain Telecomm-unications Co (Batelco) posted an 8 percent rise in first-quarter profit yesterday as the operator added more domestic subscribers and revenue...
DUBAI: Ras Al Khaimah Ceramics said yesterday that its founding shareholder had agreed to sell 30.6 percent of his stake in the company...
DUBAI: International equity index compiler MSCI will cut the weightings of eight major Qatar and United Arab Emirates stocks when it upgrades those...
DUBAI: Etisalat has signed a €3.15bn ($4.36bn) facility to fund its purchase of Maroc Telecom, opting to borrow rather than use cash to...
DUBAI: The United Arab Emirates’ financial market regulator has set new rules for Islamic and corporate bonds to encourage trading in them, and...
DUBAI: Etisalat, the Gulf’s No. 2 telecom operator by market value, reported an 11 percent rise in first-quarter profit yesterday as its revenue...
LONDON: Minority investors in Essar Energy have appealed to the Indian and British governments to intervene to head off a forced takeover by...
KUWAIT: Kuwait’s financial regulator issued new rules yesterday which will allow major shareholders to increase their ownership in listed companies without having to...
DUBAI: Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1bn loan, as well as...
DUBAI: Saudi Telecom Co (STC), the Gulf’s biggest telecommunications operator by market value, has picked three banks to manage its debut Islamic bond...
VIVA CEO Ulaiyan Al Wataid (left) with British Telecom Vice President, Mena and Eastern Mediterranean Division, Wael El Kabbany (right) as Bahrain’s Minister...
