CAIRO: Egypt’s economy should grow at an annual rate of two percent in the second fiscal quarter, the state’s planning minister said yesterday,...
CAIRO: Egypt’s economy should grow at an annual rate of two percent in the second fiscal quarter, the state’s planning minister said yesterday,...
AJDABIYA/TRIPOLI: The leader of a movement pushing for greater autonomy in eastern Libya said yesterday he would not end the blockade of several...
CAIRO: Egypt will pay $300m of the money it owes to foreign oil companies in Egyptian pounds, a Finance Ministry statement said, as...
Al KHOBAR: Saudi Arabia’s PetroRabigh expects its revenues to rise by almost SR1bn ($267m) this year after its parent companies agreed to cut...
KUWAIT: Kuwait is set to secure $1.43bn in financing from a consortium of banks for a power and desalination plant, one of the...
TEHRAN: Iran has canceled a planned $500m loan to Pakistan to build part of a pipeline to bring natural gas from the Islamic...
A Nissan official receiving the award. DUBAI: Nissan Tiida has won the ‘Car & Driver Magazine Best Budget Hatchback Of The Year Award...
CAIRO: Egypt’s financial regulator will submit new rules to the government in January to facilitate issuance of sukuk, or Islamic bonds, as part...
ABU DHABI: Two Gulf Arab countries aim to take on the Caribbean as it seeks to become a major destination for cruise tourism,...
MILAN/ABU DHABI: Abu Dhabi’s Etihad Airways is examining Alitalia’s books and is expected to decide by Christmas whether to take a stake in...
CAIRO: Egypt is still in talks with foreign energy companies to change the amount the government pays them for natural gas produced in...
NEW DELHI: Indian and Iranian officials are meeting this week to discuss how to unlock the first oil payments to Iran since the...
DUBAI: Three state-owned Gulf firms are considering a joint bid for a minority stake in Occidental Petroleum Corp’s Middle East and North Africa...
DUBAI: Saudi Arabia’s Dabbagh Group is planning to sell a 19 percent stake in its lubricants business Petromin ahead of a potential public...
DUBAI: Abu Dhabi probably won’t reach its target for industrial growth by 2020 and will need to lower it, a senior government official...
Iran President Hassan Rowhani (right) presents the proposed annual budget to Parliament Speaker Ali Larijani (centre, left) yesterday. DUBAI: Iranian President Hassan Rowhani...
TRIPOLI: Libya has lost more than $7bn and faces new competition from Algeria and Nigeria in oil markets due to strikes at oilfields...
ATHENS: Greece’s parliament approved a budget plan filled with over ¤3bn of austerity cuts that sees the debt-laden country emerging from a six-year...
