TEHRAN: Iran’s central bank yesterday drastically devalued the national currency’s fixed subsidised rate against the dollar, as the Islamic republic struggles to shore...
TEHRAN: Iran’s central bank yesterday drastically devalued the national currency’s fixed subsidised rate against the dollar, as the Islamic republic struggles to shore...
BEIRUT: Lebanon’s energy minister said yesterday that Israel has the technical ability to draw from Lebanese underwater gas fields, and called for an...
A general view of brokers working at the Egyptian stock exchange in Cairo. DUBAI: Egyptian shares posted their largest one-day percentage gain in...
An Emirati man walks past a tourist posing for a photo near the Burj Khalifa in Dubai. Dubai faces debt repayments of about...
DUBAI: The Dubai Gold and Commodities Exchange (DGCX) started trading an Indian stock index futures contract yesterday, aiming to tap demand from the...
TUNIS/DUBAI: A slide in Tunisia’s foreign reserves may undermine its currency and push the country into a balance of payments squeeze resembling the...
CAIRO: The Egyptian pound inched weaker at a central bank foreign exchange auction, which was held early ahead of a yesterday army deadline...
WASHINGTON: Rigid new US sanctions against Iran came into force yesterday including bans on the sale or barter of gold to the Islamic...
DUBAI: Bahrain issued BD150m ($397.9m) in three-year government development bonds, a central bank statement said yesterday. The expected interest rate on the bonds...
LONDON: Dubai’s flagship airline carrier Emirates last week raised $630m through the issuance of enhanced equipment trust certificates (EETC) to fund the purchase...
DUBAI: Bahrain’s economic growth accelerated strongly in the first quarter of 2013, helped by a revival of oil output, official data showed yesterday....
DUBAI: Bahrain’s economic growth accelerated strongly in the first quarter of 2013, helped by a revival of oil output, official data showed yesterday....
MOSCOW/DUBAI: Russia is hoping to rally a loose grouping of gas producers at a meeting today to support a price link to more...
NICOSIA: Cyprus’s bond ratings have been downgraded by Standard & Poors Ratings Services and Fitch following Nicosia’s announcement that it would swap ¤1bn...
NICOSIA: Cyprus’s bond ratings have been downgraded by Standard & Poors Ratings Services and Fitch following Nicosia’s announcement that it would swap ¤1bn...
RIYADH: Emirates National Oil Co (ENOC) said yesterday a cargo of its diesel which was returned by Sri Lanka on Thursday as below...
KUALA LUMPUR: Media mogul Rupert Murdoch and Abu Dhabi’s state media group are in talks to acquire the Financial Times Group for about...
LONDON: The Kuwait Investment Authority has more than doubled its investment in Britain over the past 10 years to more than $24bn, Bader...
