KUWAIT/BEIJING: Kuwait has concluded a new 10-year deal with a China’s Sinopec Corp to nearly double its supplies by offering to ship the...
KUWAIT/BEIJING: Kuwait has concluded a new 10-year deal with a China’s Sinopec Corp to nearly double its supplies by offering to ship the...
JR Mayer, Managing Director of QNET, and Pathman Senathirajah, Director of QNET with players from Manchester City Football Club. Dubai: Prominent Asian direct...
TRIPOLI: An oil tanker carrying 670,000 barrels of crude has left Libya’s Ras Lanuf oil terminal, the first shipment since the port was...
CAIRO: Fixed-line monopoly Telecom Egypt posted $139m in net profit in the second quarter and said yesterday it hoped to obtain a unified...
ABU DHABI: Abu Dhabi National Energy Co (TAQA), the state-owned oil explorer and power supplier, swung to second-quarter profits and said it pulled...
A trader works in the Goldman Sachs booth yesterday in New York. DUBAI: Goldman Sachs and Qatar National Bank (QNB) are arranging a...
LONDON: GlaxoSmithKline faces new allegations that it bribed Syrian doctors and officials to boost sales of its medicines, following recent accusations of corruption...
DUBAI: Kuwait Food Co, which sells food products under the Americana brand name, reported an 8.7 percent increase in second-quarter net profit on...
DUBAI: United Arab Emirates-based energy firm Dana Gas said an international tribunal had issued a favourable ruling in the dispute over a natural...
DUBAI: Kuwait Projects Company (KIPCO) has rejected a $3.2bn takeover offer from a US private equity firm for its pay-television subsidiary OSN, the...
CAIRO: Egypt’s annual urban consumer inflation jumped to 10.6 percent in July from 8.2 percent in June, the official statistics agency CAPMAS said...
Kuwait City: Kuwaiti Agility company has realised a net profit of KD12.9m ($45.58m) in the second quarter of 2014, marking a rise of...
DUBAI: Egyptian stocks rose in heavy trade yesterday , buoyed by news of a $4bn plan to build a new Suez Canal alongside...
CAIRO: Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding...
DUBAI: Dubai’s largest developer Emaar Properties reported a 28.6 percent rise in second-quarter net profit yesterday, marginally beating forecasts, but revenue from property...
DUBAI: Saudi Aramco and Sumitomo Chemical will transfer ownership of a planned SR32bn ($8.5bn) petrochemical facility to their joint venture PetroRabigh, the venture...
ABU DHABI: Aldar Properties, Abu Dhabi’s largest real estate developer, reported a jump in its second-quarter net profit yesterday, after excluding one-time merger...
DUBAI: Dubai Investments said yesterday that its net profit for the first six months of the year more than doubled, on the back...
