DUBAI: Abu Dhabi private equity firm Gulf Capital is close to signing a Dh1.32bn ($359.38m) Islamic loan for its company Gulf Marine Services,...
DUBAI: Abu Dhabi private equity firm Gulf Capital is close to signing a Dh1.32bn ($359.38m) Islamic loan for its company Gulf Marine Services,...
DUBAI: Saudi developer Dar Al Arkan could raise around $300m through its first global debt issue in more than three years, aiming to...
SINGAPORE/DUBAI: Saudi Arabia will import near record high diesel volumes this summer, as it gears up to beat the sweltering heat and meet...
DUBAI: Yemen’s oil export volumes rose 14 percent in the first quarter of 2013, earning the government $35m more than in the same...
DUBAI: Economic growth in the United Arab Emirates accelerated to 4.4 percent in inflation-adjusted terms in 2012, the fastest clip since 2006, as...
KUWAIT: State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2bn in damages...
ISTANBUL: Turkey hailed its second investment grade rating yesterday, seeing it as a seal of approval from international markets for a decade of...
CAIRO/MOSCOW: Emerging markets telecoms group Vimpelcom wants to delist Cairo-based subsidiary Orascom Telecom Holding (OTH) from the Egyptian and London stock exchanges so...
DUBAI: Emirates NBD (ENBD), Dubai’s biggest lender, plans to tap global debt markets for its first capital-boosting bond issue, as Gulf banks take...
DUBAI: Iran will more than double its diesel exports to Iraq thanks to higher capacity at its refineries, a leading oil official said....
DUBAI: Egypt’s Orascom Telecom (OT) helped lift Cairo’s bourse yesterday after the company’s management urged shareholders to reject a buyout offer, raising investor...
Tunis: CEO of Qatar Exchange Rashid bin Ali Al Mansoori, highlighted QE’s support to the efforts made by the General Secretariat of the...
DUBAI: Dubai’s inflation remained muted in April compared to the previous month despite a jump in rents, data showed yesterday. Consumer price growth...
DUBAI: When Turkey’s central bank cut interest rates last month, its decision aroused a mixture of approval, criticism and sheer confusion about exactly...
DUBAI: Dubai-based investment bank Arqaam Capital plans to expand into sub-Saharan Africa by the fourth quarter this year and may look at acquisitions...
DUBAI: Markets in the UAE hit new multi-year highs yesterday, delaying an expected bout of profit-taking as upbeat earnings added fuel to the...
DUBAI: Dubai’s non-oil trade jumped 16 percent in the first quarter and recovery in the emirate’s property sector will help keep the pace...
DUBAI: Five companies have submitted applications for virtual telecom licences in Saudi Arabia including Virgin Mobile Middle East & Africa (VMMEA). VMMEA —...
