Istanbul: There is serious global interest in Turkey's newly founded sovereign wealth fund, particularly from investment banks, and it plans to sign a...
Istanbul: There is serious global interest in Turkey's newly founded sovereign wealth fund, particularly from investment banks, and it plans to sign a...
Riyadh: The Custodian of the Two Holy Mosques King Salman bin Abdulaziz of Saudi Arabia starts a month-long Asian tour from today to...
Dubai: Bank Muscat, Oman’s largest bank by assets, is raising $500m through a syndicated loan, banking sources familiar with the situation said yesterday....
KHOBAR, Saudi Arabia: Saudi Aramco’s initial public offering (IPO) could encourage other Gulf countries to list their oil assets, a leading regional economist...
London: Evercore Partners Inc, the investment bank founded by Roger Altman, is planning to open an office in Dubai as it seeks new...
ABU DHABI: The United Arab Emirates (UAE) announced 3.42 billion dirhams ($931 million) in defence procurement contracts on Wednesday, the fourth day of...
Kuwait: Opec-member Kuwait plans to raise its oil production capacity to 4.75 million barrels per day (mb/d) by 2040 as part of a...
ABU DHABI: Russian weapons maker Kalashnikov Group's sales doubled last year, helped by demand in the Middle East for its drones, missiles, rifles...
Abu Dhabi: The United Arab Emirates (UAE) announced 4.07 billion dirhams ($1.11 billion) in defence procurement contracts on Tuesday, the third day of...
Kuwait/Dubai: Kuwait Investment Authority (KIA) has appointed Farouk Bastaki (pictured) as managing director to replace Bader Mohammed Al Saad, newspaper Al Rai reported...
Algiers: Algeria has attracted 49 offers from international energy companies to build four refineries worth a total $6bn, a state energy firm Sonatrach...
Cairo: The Egyptian pound strengthened against the US dollar on Monday, regaining ground after record lows which followed the central bank's decision to...
Dubai/Bejing: Abu Dhabi National Oil Company (ADNOC) said yesterday it had signed an agreement giving China National Petroleum Corporation (CNPC) an eight percent...
Dubai: NCB Capital Co. Chief Executive Officer Sarah Al Suhaimi will become the first woman to chair Saudi Arabia’s stock exchange, the largest...
Cairo: Tourists are slowly returning to Egypt, easing pressure on a key sector battered by years of turmoil and the 2015 bombing of...
DUBAI/RIYADH: Saudi Binladin Group (SBG) has received substantial payments from the Saudi Arabian government to settle debts since the start of this year,...
Riyadh: Saudi Arabia is considering two options for the shape of Saudi Aramco when it sells shares in the national oil giant next...
Dubai: Abu Dhabi’s $125 bn sovereign fund Mubadala Investment Co. will start operations in May through four divisions focusing on the Middle East...
