DUBAI: Dubai’s second-largest property developer, Deyaar, plans to launch two new projects this year, its chief executive said yesterday, adding to a series...
DUBAI: Dubai’s second-largest property developer, Deyaar, plans to launch two new projects this year, its chief executive said yesterday, adding to a series...
KHARTOUM/JUBA: Sudan edged back from a day-old order to block all oil exports from South Sudan yesterday, saying it could reverse its decision...
ISTANBUL: With few customers to serve, the money changers near Istanbul’s Taksim Square jabber in annoyance behind their glass partition. Their volume of...
KHARTOUM: Sudanese President Omar Al Bashir yesterday ordered a halt to the flow of oil from South Sudan, less than two months after...
BAGHDAD: Bad weather cut oil exports from Iraq’s Basra ports to 864,000 barrels per day (b/d) yesterday from 2.23 million b/d a day...
DUBAI: Saudi Arabia produced 9.6 million barrels per day (b/d) of oil in May, up from 9.3m b/d in April, an industry source...
HAMBURG/LONDON: Iran’s state grains buyer GTC swept back into international markets, picking up more than half a million tonnes of wheat to shore...
Workers at the Portland labour camp in an industrial area on the outskirts of Sharjah. Gulf nations have relied heavily on the supply...
DUBAI: Volatility in US Treasury yields and a dip in investor appetite for emerging market credits could put a brake on new issuance...
An investor walks past electronic boards displaying stock information at the ADX Abu Dhabi Securities Exchange. DUBAI: Investors are betting that the United...
DUBAI: Arabtec Holding expects a series of recent contract wins to boost its 2013 earnings and the Dubai contractor is targeting a dividend...
DUBAI: Zain Saudi, the kingdom’s third-largest telecom operator, has signed a SR2.25bn ($600m) Islamic loan guaranteed by its parent company. The three-year murabaha...
DUBAI: Wealthy individuals in the Middle East and Africa saw the value of their assets rise by 9.1 percent to $4.8 trillion in...
DUBAI: Egypt’s bourse dropped to a five-week low yesterday, making its biggest one-day loss in two months on increasing fears of political instability,...
DUBAI: The Iraqi unit of Kuwaiti telecoms company Zain launched subscriptions for a long-delayed public share offering yesterday, fulfilling a pledge made in...
ABU DHABI: The United Arab Emirates is merging its two flagship state aluminium firms to create the world’s fifth largest aluminium company with...
BAGHDAD: Iraq is in talks with foreign energy firms to lower long-term oil production targets agreed several years ago because of sagging global...
DUBAI: Saudi Arabia’s No.2 mobile company Etihad Etisalat (Mobily) is in talks to buy a stake in loss-making fixed-line operator Etihad Atheeb, according...