DUBAI: Emad Mansour, a veteran Gulf Arab banker, is planning to set up an investment bank in Dubai’s tax-free financial zone, he said...
DUBAI: Emad Mansour, a veteran Gulf Arab banker, is planning to set up an investment bank in Dubai’s tax-free financial zone, he said...
CAIRO: Egypt’s urban consumer inflation accelerated in October, driven by higher consumer spending on food and transport, the state CAPMAS statistics agency reported...
Kuwait Central Bank Governor Mohammed Al Hashel and International Monetary Fund chief Christine Lagarde at a news conference before attending a symposium titled...
ABU DHABI: Subsidised petrol and electricity programmes are causing a huge waste of energy across the Gulf and threatening economies, Oman’s oil and...
TRIPOLI: Libya may find it difficult to cover its budget expenditure from next month and could lose Italy as a gas and oil...
ABU DHABI: Kazakhstan’s giant Kashagan oilfield will not be able to restart production before the end of 2013, said the chief executive of...
ANKARA: Iraqi Kurdistan has finalised a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines to ship the...
DUBAI: Qatar Holding LLC is among a handful of investors that have put money into BlackBerry’s $1bn convertible debt offering, a source familiar...
DUBAI/FRANKFURT: US private equity firm KKR has teamed up with the international arm of Kuwait Petroleum Corp to jointly bid for German utility...
ABU DHABI: Emirates Aluminium (Emal) is ahead of schedule with the expansion of its production capacity to 1.3 million tonnes a year and...
DUBAI: Bahrain-based Investcorp yesterday said that it has acquired a group of offices and retail properties in the US for $250m. The investment...
ABU DHABI: The central bank of UAE has eased planned curbs on commercial banks’ exposure to state-linked debt, giving them five years to...
Workers from the Libyan National oil and gas company walking at the the Zawiya oil installation. Talks between Libyan authorities and protesters blockading...
DUBAI: Dubai luxury housing developer Damac Properties said it plans to raise as much as $500m from an initial public share offer in...
ATHENS: The so-called troika of international creditors returned to Athens yesterday for another round of crucial talks with Greece’s debt-wracked government, as unions...
DUBAI: Dana Gas made a net profit of Dh102m ($27.8m) in the third quarter compared with Dh104m in the same period of last...
ISTANBUL: The Turkish lira weakened yesterday after October inflation came in higher than expected, with investors betting the data would do little to...
The bustling Bank Street in Doha. DUBAI: After weathering the global financial crisis and local debt restructurings in the last few years, Gulf...
