Kaloti Precious Metals CEO Tarek El-Mdaka (right) and President Munir Al Kaloti at their office in Dubai. DUBAI: In the desert on the...
Kaloti Precious Metals CEO Tarek El-Mdaka (right) and President Munir Al Kaloti at their office in Dubai. DUBAI: In the desert on the...
DUBAI: Etisalat, which is set to buy a majority stake in Maroc Telecom, has agreed to sell its West African business to the...
ANKARA: Turkish inflation rose more than expected in April, staying stubbornly above the central bank’s forecast for the end of the year and...
BAGHDAD: Iraq’s Cabinet announced yesterday it has authorised mobile phone firms to use third-generation frequencies, after years of promises amid the frustrated pleas...
CAIRO: The Egyptian pound hit a 10-month low yesterday as the central bank let the local currency weaken further, while a persistent dollar...
Muscat: H E Jassim Seif Ahmed Al Sulaiti, the Minister of Transport and Chairman of the Board of Directors of Qatar Transport Company...
DUBAI: Oman’s economic growth plunged to 2.8 percent in nominal terms in 2013, its slowest pace of expansion since 2009, as output in...
Maayankutty C, Director, Malabar Group, inaugurating Malabar Gold & Diamonds’ renovated and expanded outlet at Lulu Hypermarket, Al Nahda, Sharjah in the presence...
DUBAI: The Chief Executive of Dubai Islamic Bank (DIB) said yesterday it was in talks to buy a 40 percent stake in an...
ANKARA: Barred by sanctions from buying Western airliners since the 1970s, Iran has pent-up demand for 400 new planes, Tehran’s top aviation official...
DUBAI: Bahrain Telecomm-unications Co (Batelco) posted an 8 percent rise in first-quarter profit yesterday as the operator added more domestic subscribers and revenue...
DUBAI: Ras Al Khaimah Ceramics said yesterday that its founding shareholder had agreed to sell 30.6 percent of his stake in the company...
DUBAI: International equity index compiler MSCI will cut the weightings of eight major Qatar and United Arab Emirates stocks when it upgrades those...
DUBAI: Etisalat has signed a €3.15bn ($4.36bn) facility to fund its purchase of Maroc Telecom, opting to borrow rather than use cash to...
DUBAI: The United Arab Emirates’ financial market regulator has set new rules for Islamic and corporate bonds to encourage trading in them, and...
DUBAI: Etisalat, the Gulf’s No. 2 telecom operator by market value, reported an 11 percent rise in first-quarter profit yesterday as its revenue...
LONDON: Minority investors in Essar Energy have appealed to the Indian and British governments to intervene to head off a forced takeover by...
KUWAIT: Kuwait’s financial regulator issued new rules yesterday which will allow major shareholders to increase their ownership in listed companies without having to...
