Beijing: Kuwait’s crude oil exports to China jumped 64.5 percent in September from a year earlier to a six-month high of 1.17 million...
Beijing: Kuwait’s crude oil exports to China jumped 64.5 percent in September from a year earlier to a six-month high of 1.17 million...
Dubai: The head of LULU Group, Yusuff Ali MA, has maintained his top position for the fifth time in a row at the...
KUWAIT CITY: Energy kingpin Saudi Arabia and other wealthy Gulf states are set to resist pressure to tighten the taps significantly to shore...
KUWAIT: Oman’s government is likely to start cutting some state subsidies next year as the decline in global oil prices pressures its finances,...
KUWAIT CITY: The oil-rich Gulf state of Kuwait had accumulated reserves of $548bn as of June 30 after continued growth in the first...
KUWAIT CITY: Oil-dependent Gulf states will face budget shortfalls if the recent decline in oil prices persists, International Monetary Fund chief Christine Lagarde...
Doha: Gulf Air, the national carrier of the Kingdom of Bahrain, announced that, following its successful resumption of operations to Thiruvananthapuram last year,...
LONDON: Lebanon’s government plans to issue a $450m Eurobond by the end of this year to meet the country’s funding needs, the country’s...
DUBAI/al KHOBAR: Saudi Arabia’s closure of an offshore oilfield it shares with Kuwait has revived speculation of renewed tensions between the two, and...
riyadh: Investment bank Saudi Fransi Capital has three big initial public offers of shares in the pipeline as the Saudi Arabian equity market...
RIYADH: National Commercial Bank (NCB) has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged...
DUBAI: Moody’s raised Egypt’s credit ratings outlook to stable from negative yesterday, citing a more stable political and security situation and signs of...
DUBAI: Abu Dhabi-based buyout firm Gulf Capital is looking to invest in 10-12 companies over five years with the launch of its third...
RIYADH: Saudi Arabian retailer Jarir Marketing Co plans to invest SR1.1bn ($293m) over the next five years to roughly double the number of...
OUARZAZATE, Morocco: Morocco’s first solar energy plant will begin operating in 2015, an official said yesterday, as part of a multi-billion-euro project the...
KUWAIT CITY: A Kuwaiti oil trade union yesterday condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the...
DUBAI: A judge in the Dubai International Financial Centre (DIFC) court approved on Sunday an application to liquidate ES Bankers (Dubai) Ltd (ESBD),...
CAIRO: The Egyptian government has signed contracts with six international firms to carry out the dredging of the new Suez Canal, the head...
