Ankara: President Tayyip Erdogan said yesterday Turkey would reorganise its $40 bn sovereign wealth fund after dismissing the organisation’s chairman over its failure...
Ankara: President Tayyip Erdogan said yesterday Turkey would reorganise its $40 bn sovereign wealth fund after dismissing the organisation’s chairman over its failure...
Jakarta: The Middle Eastern retail major, Lulu Group opened its second hypermarket at BSD City, Tangerang, Indonesia yesterday. Located at the QBig, the...
Siemens Postal, Parcel & Airport Logistics (SPPAL) has received a major order to implement a cutting-edge cloud-based software platform for dnata’s cargo operations...
Hanoi: Vietnam and Egypt agreed Wednesday to nearly triple trade to $1 billion including with ship-building and IT contracts, as Egypt seeks to...
Paris: French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so...
Dubai: Two major Abu Dhabi real estate developers, Eshraq Properties and Reem Investments, said yesterday they aimed to merge as an economic slowdown...
BEIRUT: Lebanon has begun reforms to repair its fragile economy after years of paralysis in decision-making but is under pressure to do more...
Tripoli: Oil production has been suspended for several days at three oil fields in Libya after an armed militia shut off pipelines, the...
The International Monetary Fund (IMF), Arab Monetary Fund (AMF), Arab Fund for Social and Economic Development (AFESD) and Government of Morocco will co-host...
Tehran: Iran has attracted the equivalent of $7 billion of foreign investments in the industrial, mining and commercial fields after the nuclear agreement....
The GCC bonds and sukuk market remained strong in 2016 while witnessing a substantial increase in activities triggered by the regional countries’ need...
TUNIS: Tunisia’s tourism revenues have risen 19 percent so far this year, reflecting a recovery in a vital sector crippled two years ago...
Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s...
Beirut: Lebanon’s President signed off on public sector pay rises and tax hikes yesterday, a move that has triggered business concerns but could...
Demonstrating the company’s commitment to supporting Iraq’s power sector, Siemens has expanded the company’s existing service agreement with KAR Group in Iraq to...
Industrial production in Tunisia posted a 2.3 percent drop in the second quarter of 2017, compared with a slight increase of 0.2 percent...
Istanbul: Turkish discount retailer Sok is planning an initial public offering in 2018, two sources familiar with the matter told Reuters, the latest...
DUBAI: Dubai-based Noor Bank has laid off several dozen employees, banking sources told Reuters on Tuesday, the latest lender to adjust to more...
