BAGHDAD: Iraqi mobile operator Asiacell, majority-owned by Ooredoo, posted a 31-percent rise in annual profit in its first results as a listed company,...
BAGHDAD: Iraqi mobile operator Asiacell, majority-owned by Ooredoo, posted a 31-percent rise in annual profit in its first results as a listed company,...
DUBAI: For years, Dubai’s top bank Emirates NBD (ENBD) relied on its home base and cosy relationship with leading government-related entities in the...
DUBAI: The Dubai builder of the world’s highest tower, the Burj Khalifa, hinted it might develop an even taller skyscraper and two conglomerates...
DUBAI: Dubai Islamic Bank (DIB) has dealt with much of its balance sheet weakness and should see profits for 2013 grow in the...
Saudi Oil Minister Ali bin Ibrahim Al Nuaimi addressing the audience during a lecture at the Center for Strategic and International Studies in...
TRIPOLI: Libya will join its neighbours in tackling sensitive fuel market reforms and plans to do away with all subsidies within three years,...
CAIRO: Egypt will raise the fees paid by ships passing through the Suez Canal in an effort to boost revenue as the economy...
BASRA: British oil major BP has signed a deal with Iraq to build a new terminal at the southern port of Khor Al...
SEOUL: Iraq’s oil exports rose in April to 2.6 million barrels per day (b/d), the country’s oil minister said yesterday, helping to keep...
MUSCAT: State-run Oman Oil Co is talking to bankers about raising a $4bn loan to build an oil refinery in the southern coastal...
DUBAI: Dubai retail firm Majid Al Futtaim (MAF) is in advanced discussions to buy Egypt’s largest supermarket chain from family-owned Mansour Group, two...
CAIRO: Egypt’s parliament halted its reading of a new income tax law yesterday, saying the government had not shown who would be affected...
DUBAI: Bahrain has mandated banks for a sovereign bond issue, three sources familiar with the matter said yesterday, with proceeds likely to help...
DUBAI: Economic growth in Gulf Arab economies is expected to slow through next year but should still be healthy as investment in the...
Officials posing with the award in Doha recently. DOHA: Dubai Chamber of Commerce and Industry has won the Best CSR Project in the...
CAIRO: A key Egyptian negotiator with the International Monetary Fund said yesterday that he has resigned as first deputy finance minister, in a...
TRIPOLI: Libya will soon start shipping oil to neighbouring Egypt on soft credit terms, two senior Libyan officials said, as Cairo struggles to...
ABU DHABI: The emirate of Abu Dhabi is putting finishing touches to plans to establish a financial free zone that could resemble, and...
