Shamlal Ahammed M P, Managing Director- International Operations, Malabar Gold & Diamonds, receiving an award from Sheik Dr Sultan bin Mohammed Al Qassimi,...
Shamlal Ahammed M P, Managing Director- International Operations, Malabar Gold & Diamonds, receiving an award from Sheik Dr Sultan bin Mohammed Al Qassimi,...
DUBAI: Aldar Properties said yesterday that it would look to refinance Dh7.9bn ($2.2bn) of debt maturing this year, as the Abu Dhabi developer...
ISTANBUL: Turkish real estate investment trust Kiler GYO is planning to issue a five-year Islamic bond worth at least $100m in the second...
DUBAI: Dubai’s bourse rose further yesterday after a choppy session as it tried to break free of the 4,000-point psychological resistance level, while...
KUWAIT: Kuwait’s first Islamic insurer was born 14 years ago, but its takaful firms are still struggling in a crowded market that faces...
CAIRO: Egypt will need to import an additional $1bn worth of petroleum products and secure significant natural gas supplies as it scrambles to...
KUWAIT: Kuwait has approved bids worth a total of $12bn for major upgrades at two oil refineries, the state-run oil company said yesterday,...
CAIRO: Egypt’s interim government unveiled its second stimulus package yesterday, which will inject 33.9bn Egyptian pounds ($4.87bn) into the economy, with most of...
ABU DHABI: Abu Dhabi National Energy Co (TAQA), leading a consortium that plans to invest around $2bn to acquire hydropower assets in India,...
KUWAIT: A parliamentary investigation into a Kuwait Airways plan to buy and lease aircraft from Airbus will not affect the deal, the state...
Al KHOBAR: Saudi Aramco has asked interested companies to submit cheaper offers to build parts of a complex to supply energy to an...
KUWAIT CITY: Kuwait’s provisional budget surplus shrunk in the first nine months of this fiscal year as spending rose 18 percent and income...
DUBAI/BAGHDAD: Iraq plans to auction third-generation (3G) telecommunications licences for a minimum of $307m each, sources familiar with the matter said, a move...
DUBAI: Oman has signed a OR13.6m ($35.3m) deal with Italferr, the Italian state railways engineering firm, for consultancy services on the initial design...
DUBAI: Saudi Arabian Airlines (Saudia) plans to conduct an initial public offer of shares in its cargo unit this year and an IPO...
CAIRO: The Egyptian pound was unchanged at a central bank foreign currency sale yesterday, the bank said, and steady on the black market,...
Saeed Said Al Qamzi, Director of Adnoc, and Yusuffali M A, MD of Lulu Group, opened Malabar Gold & Diamond’s outlet in Ruwais...
DUBAI: Dar Al Arkan Real Estate Development Co, Saudi Arabia’s largest listed property developer, may consider early repayment of a $450m Islamic bond...
