DUBAI: Etisalat, the Gulf’s No. 2 telecom operator, expects 2013 revenue of up to $9.4bn, according to a presentation the company gave to...
DUBAI: Etisalat, the Gulf’s No. 2 telecom operator, expects 2013 revenue of up to $9.4bn, according to a presentation the company gave to...
A natural gas well is drilled near Canton, in Bradford County, Pennsylvania. The US shale energy revolution is a “big issue”, UAE’s Oil...
DUBAI: Iran will barter goods in return for some gas imports from Turkmenistan, an Iranian trade official was quoted as saying yesterday, a...
ABU DHABI: Two Abu Dhabi banks yesterday repaid Dh5.5bn ($1.49bn) in UAE government support they received in the wake of the global financial...
AMMAN: The World Bank has granted Jordan $70m in financing to help it to extend small loans to young people in depressed rural...
DUBAI: Emirates airline, Dubai’s flagship carrier, has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale, lead arrangers said yesterday, in...
DUBAI: Saudi Arabia has sharpened its edge in oil trading by leasing oil storage in Fujairah, allowing the producer’s new trading arm greater...
DUBAI: The deputy chief executive of Kuwait's top telecom operator Zain has resigned, the company said in a statement to the local bourse. ...
DUBAI: Dubai Islamic Bank (DIB) plans to boost its capital through the sale of a shariah-compliant debt instrument, which would become only the...
Khalid Al Falih, President and CEO of Saudi Aramco, speaks at the CERAWEEK conference in Houston, yesterday. HOUSTON: Saudi Aramco Chief Executive Khalid...
DUBAI: Saudi tycoon Prince Alwalid bin Talal has severed his ties with Forbes magazine’s annual billionaires’ list, which he accused of undervaluing his...
MANAMA: Bahrain’s central bank will require local lenders it sees as key to the stability of the Gulf country’s banking system to take...
DUBAI: Dana Gas has increased its gas production in Egypt by about 10 percent with the start up of operations at two new...
DUBAI: Dubai will host a new asset management firm specialising in awqaf (Islamic endowments), as the emirate seeks to become a global centre...
ABU DHABI: Shareholders of Abu Dhabi’s Aldar Properties have approved the developer’s plans to merge with rival Sorouh Real Estate at a meeting...
DUBAI: Bahrain’s loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has...
DUBAI: Dubai builder Arabtec, which underwent a major management shakeup last week, said it will rely on the reputation of its biggest shareholder...
Saudi Central Bank Governor Fahad Al Mubarak addresses the news conference in Riyadh, yesterday. RIYADH: Inflation in Saudi Arabia is running at acceptable...
