Ankara: The Turkish lira, pounded by higher-than-expected inflation and security fears, hit record lows against the dollar on Monday after a gloomy Moody's...
Ankara: The Turkish lira, pounded by higher-than-expected inflation and security fears, hit record lows against the dollar on Monday after a gloomy Moody's...
DOHA: Saudi Arabia appointed a new chairman of Saudi Arabian Airlines (Saudia) by royal decree on Monday in a management shake-up. Ghassan bin...
Network International, the largest payment processing firm across the Middle East and Africa, has appointed Simon Haslam as chief executive, it said yesterday....
Dubai: Saudi Arabia hopes its plan to bring a further 1.3 million women into the workforce by 2030 will be given a lift...
Cairo: The Egyptian pound strengthened slightly at banks as demand for dollars by importers eased, bankers told Reuters yesterday. The dollar was being...
DUBAI: Dubai’s DAMAC Properties expects to maintain its 25 percent cash dividend policy for 2016 despite profit declines in the first three quarters,...
Dubai: Gulf Opec member Kuwait has reduced oil production in January to around 2.707 million barrels per day, meeting its output target under...
DUBAI: Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons has secured a 69 million riyal ($18.40 million) contract with the Ministry...
Dubai's Amlak Finance said yesterday that it had renegotiated parts of a debt restructuring which the Islamic mortgage provider agreed with creditors following...
Dubai: The Gulf emirate of Dubai on Monday announced plans to build the largest marina in the Middle East and North Africa with...
Dubai: Saudi Arabia’s stock market rose yesterday with much activity focusing on second- and third-tier stocks rather than blue chips, while Oman’s bourse...
Muscat: A 2017 state budget plan released by Oman's government yesterday projected a smaller deficit but maintained tight curbs on spending because of...
DUBAI: State-run Saudi Aramco has set its January contract price for propane at $435 a tonne, up from $380 in December, the company...
Dubai: Saudi Arabia laid out key elements of its borrowing plans for 2017 as the kingdom seeks to capitalise on investor demand for...
Dubai: Saudi Arabia’s stock market rose sharply on Sunday in response to the release of the 2017 state budget, which includes an increase...
Dubai: United Arab Emirates telecommunications conglomerate Etisalat said on Sunday that its management agreement with Saudi Arabian affiliate Mobily had expired and the...
DUBAI: State oil giant Saudi Aramco plans to sell 49 percent of its shares over the next 10 years, Saudi newspaper al-Eqtisadiah reported...
Riyadh: Saudi Arabia’s government plans to provide 200bnn riyals ($53bn) of incentives to the private sector over the next four years in its...
