DOHA: There is a growing optimism in the Gulf construction market in 2014 with major projects on the horizon such as FIFA World...
DOHA: There is a growing optimism in the Gulf construction market in 2014 with major projects on the horizon such as FIFA World...
ABU DHABI: The United Arab Emirates’ economy is likely to grow at a robust clip of up to 5 percent this year, government...
MUSCAT: The chief executive of Oman’s National Gas Co SAOG has been detained by the public prosecutor for questioning in relation to a...
DOHA: The GCC petrochemical industry is set to record an increase in exports in 2014 due to the World Trade Organization’s Bali Package,...
DUBAI: Etihad Airways and Alitalia are in the final phase of a due diligence process that may result in an investment by the...
DUBAI: Dana Gas made a net profit of Dh128m ($34.9m) in the fourth quarter of 2013, up 12 percent from a year earlier,...
DUBAI: Dubai construction firm Arabtec clinched a $6.1bn contract yesterday, its biggest ever by value, as its relationship with Abu Dhabi state fund...
DUBAI: Bahrain-based investment company Investcorp expects 15-20 percent annual growth over the next five years, its chief financial officer said yesterday after reporting...
BAGHDAD: Crude exports from Iraq declined in January to an average of 2.228m barrels per day (b/d) but should rise next month, Oil...
MANAMA: Bahrain’s central bank will release a new regulatory framework for Islamic insurance (takaful) this quarter, in an overhaul of standards which the...
DUBAI: Dubai Financial Market (DFM), the emirate’s main stock exchange, has issued rules allowing the lending and borrowing of securities, part of efforts...
LONDON: The Iraqi government has hired a law firm to target any buyer of what it considers illegally exported Kurdish crude oil, a...
DUBAI: The International Monetary Fund has raised its 2014 economic growth forecast for the United Arab Emirates to 4.5 percent but warned of...
KUWAIT CITY: Thousands of oil workers in Opec member Kuwait plan to go on strike over a government decision to cut their wages,...
DUBAI: A unit of Dubai Holding, owned by the emirate’s ruler, has sold a piece of land to fast-growing shopping mall developer Majid...
ABU DHABI: First Gulf Bank increased its 2013 dividend payout by 20 percent after posting record quarterly earnings, as the United Arab Emirates’...
ISTANBUL: Turkey’s central bank, fighting to defend the lira, sent strong signals yesterday that it is about to raise interest rates in a...
DUBAI: Bahrain Telecommunications Co (Batelco) posted a 61 percent drop in fourth-quarter net profit yesterday as one-off expenses outweighed a 29 percent rise...
