Bahrain’s Central Bank Governor Rasheed Al Maraj speaks during the GCC Governors meeting in Manama yesterday. MANAMA: Bahrain’s central bank expects economic growth...
Bahrain’s Central Bank Governor Rasheed Al Maraj speaks during the GCC Governors meeting in Manama yesterday. MANAMA: Bahrain’s central bank expects economic growth...
Kuwait: The Arab Investment and Export Credit Guarantee Corporation (Dhaman) is encouraging investments in Arab countries and development of exports to world markets,...
MANAMA: The UAE central bank must act this year to push forward previously issued rules and policies, a senior central bank official said...
DUBAI: Gulf Investment Corp (GIC) will invest $50m in Virgin Mobile’s Middle East operation, a sign that the region may be ready to...
CAIRO: Egypt is studying an IMF offer of a bridging loan, a finance ministry source said yesterday, as Cairo tries to weather a...
DUBAI: The British government launched a campaign to promote London as a centre for Islamic finance, seeking to counter growing competition in that...
DUBAI: Qatar’s Central Bank yesterday issued QR1bn of local currency sukuk and QR3bn of local currency conventional bonds, as part of an adjustment...
DOHA: The GCC banking sector continues to remain robust with assets increasing by 11 percent in 2012 to $1.47 trillion. Higher energy prices...
DUBAI: Top oil exporter Saudi Arabia pumped 9.15 million barrels per day (bpd) of crude oil in February, an industry source said yesterday,...
Amman: King Abdullah II, of Jordan opened yesterday the 2013 Jordan-US Business Forum with the participation of key Jordanian and US private and...
BAGHDAD: Iraq’s parliament yesterday approved a $119.1bn budget for 2013 after weeks of delay, but Kurdish representatives and most members of the main...
DUBAI: Ports operator DP World Limited is selling its stakes in two container terminals and a logistics centre in Hong Kong for $742m...
DUBAI: Etisalat, the Gulf’s No. 2 telecom operator, expects 2013 revenue of up to $9.4bn, according to a presentation the company gave to...
A natural gas well is drilled near Canton, in Bradford County, Pennsylvania. The US shale energy revolution is a “big issue”, UAE’s Oil...
DUBAI: Iran will barter goods in return for some gas imports from Turkmenistan, an Iranian trade official was quoted as saying yesterday, a...
ABU DHABI: Two Abu Dhabi banks yesterday repaid Dh5.5bn ($1.49bn) in UAE government support they received in the wake of the global financial...
AMMAN: The World Bank has granted Jordan $70m in financing to help it to extend small loans to young people in depressed rural...
DUBAI: Emirates airline, Dubai’s flagship carrier, has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale, lead arrangers said yesterday, in...
