By Jonathan Saul LONDON: International banks are preparing to re-establish links with their Iranian counterparts using the SWIFT transactions system, the head of...
By Jonathan Saul LONDON: International banks are preparing to re-establish links with their Iranian counterparts using the SWIFT transactions system, the head of...
A handout photograph made available by the Egyptian Presidency shows Egyptian President Abdel Fattah al-Sisi (R) and Chinese President Xi Jinping (L) shaking...
File photo/ AFP. MANAMA: Saudi Gulf Airlines is set to obtain regulatory approvals to launch flights within the kingdom by the end of...
Koc Holding Chairman Mustafa Koc makes a speech during the opening ceremony of the 12th Istanbul Biennial in Istanbul, Turkey in this September...
RIYADH: Saudi Aramco said on Wednesday it was in advanced talks to invest in refineries in China and the company was also in...
File photo. DUBAI: Saudi Arabia’s finance ministry has cut advance payments to firms doing construction work for the government to 5 percent of...
People walk past a Sephora outlet in Avenues Mall in Kuwait City, Kuwait, January 19, 2016. REUTERS Paris: France's Sephora plans to open...
Iranians drivers refuel their vehicles at a gas station in the capital Tehran on January 19, 2016. AFP ISTANBUL: Turkish exports could rise...
A handout picture made available by Saudi Press Agency (SPA) shows the Custodian of the two Holy Mosques King Salman bin Abdulaziz of...
By Archana Narayanan DUBAI: The Saudi Arabian central bank has warned commercial banks against betting on depreciation of the riyal as tumbling oil...
Masdar solar plant in Mauritania. By Stanley Carvalho ABU DHABI: Abu Dhabi green energy firm Masdar is investing around $300 million in a...
A handout picture provided by the office of Iranian President Hassan Rouhani shows him leaving after delivering a speech during a conference entitled...
Turkish lira ANKARA: The battered Turkish lira was stable on Tuesday after Chinese GDP figures gave a modest boost to emerging markets, and...
DUBAI: Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted a 19.7 percent fall in fourth-quarter net profit on Tuesday, in line with...
Tehran: Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal, while condemning new...
By Gernot Heller FRANKFURT: Herrenknecht, a German tunnelling company that helped to build the Tehran metro in the 1990s, is ready to pounce...
Frankfurt: German automaker Daimler said Monday that its heavy goods vehicles unit, Daimler Trucks, planned a swift return to the Iranian market, after...
A picture taken on January 18, 2016 shows an Iranian woman wearing a face mask for protection against air pollution on a street...