DUBAI/LONDON: A flight by foreign companies from violent unrest in Egypt threatens to drive up vacancy rates at offices and malls and prompt...
DUBAI/LONDON: A flight by foreign companies from violent unrest in Egypt threatens to drive up vacancy rates at offices and malls and prompt...
DUBAI: Dubai will double the registration fee charged on real estate transactions in an effort to prevent excessive speculation in its property market,...
SINGAPORE: Turkey raised its gold reserves by the most in five months in August and topped the list of countries that bought more...
ISTANBUL: Turkey’s lira weakened for a third day yesterday after its central bank governor sounded sanguine on the outlook for the hard-pressed currency...
DUBAI: Two more top executives at Bahrain’s Batelco have quit the firm, leaving lower level staff to run the former telecom monopoly as...
DUBAI: Emirates, Dubai’s flagship airline, may issue bonds early next year to help raise $4.5bn for 21 new plane deliveries in the financial...
DUBAI: A former BNP Paribas private banker has been fined by the Dubai Financial Services Authority (DFSA) for executing two transactions worth a...
DUBAI: HSBC Holdings has named Samer Deghaili to head its equity capital markets business in the Middle East and North Africa, a spokesman...
DUBAI: The Gulf’s bond market is set to emerge from five months of near-inactivity after last week’s decision by the US Federal Reserve...
DUBAI: Dubai-based oil services firm NPS Energy has put itself back up for sale, hoping to fetch up to $700m after a deal...
JERUSALEM: Israel’s central bank is expected to leave short-term interest rates unchanged for a fourth straight month due to moderate economic growth and...
RIO DE JANEIRO: Brazil’s government plans to finance state-run oil company Petroleo Brasileiro SA’s participation in the October 21 auction of Libra, country’s...
DOHA: Qatar Financial Markets Authority (QFMA) signed a multilateral memorandum of understanding (MMoU) with the International Organisation of Securities Commissions (IOSCO) in Luxemburg...
KHARTOUM: Sudan’s currency has fallen to a record low against the dollar on the black market as people rush to change savings into...
KHARTOUM: Bank of Khartoum, Sudan’s biggest privately-owned bank, plans to add 12 more retail branches and launch financing for livestock exports to Gulf...
Al KHOBAR: Saudi Arabia and Bahrain have approved plans to lay a 350,000-barrel per day (bpd) oil pipeline between the two countries, with...
BASRA: Iraq has begun test pumping on a major southern oil pipeline and normal flow is expected to resume today, two oil officials...
From Left: Central bank governors from Kuwait Mohammed Al Hashel, Qatar H E Sheikh Abdullah bin Saud Al Thani, the United Arab Emirates...