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Nokia charging back with full force
Saudi government websites targeted
Egypt's prime minister expects to conclude a $4.8 billion IMF loan deal within two months and is in talks for additional budget support worth about $1 billion from the World Bank and the African Development Bank (AfDB), he said on Sunday.
September 9, 2012 5:26
Emirates NBD, Dubai's largest lender by market capitalisation, has named Aazar Ali Khwaja as its group treasurer, the bank said in a statement on Sunday.
September 9, 2012 5:23
Oil output by the big three Gulf producers saw a net increase of around 400,000 barrels per day (bpd) in August from July as a sharp rise in Kuwaiti output outweighed cuts by Saudi Arabia and the United Arab Emirates (UAE), industry sources said.
September 9, 2012 5:22
Al Habtoor to offer 25 pct additional shares in IPO; Seeks to raise between 5 bln to 6 bln dirhams; Proceeds from IPO to be used to acquire hotels in Europe; Eyeing dual listing in London and Saudi Arabia
September 9, 2012 5:21
Kuwait produced around 3 million barrels a day (bpd) of crude oil in August, up around 600,000 bpd from July, a Kuwaiti industry source said on Sunday.
September 9, 2012 5:17
Saudi Arabia produced 9.7 million barrels a day (bpd) of crude oil in August, down around 100,000 bpd from July, an industry source said on Sunday.
September 9, 2012 5:12
Demand for sukuk projected to triple in five years; This year's issuance to set record but much smaller; E&Y says supply-demand gap could widen further; Awqaf are becoming major source of demand; Lack of intermediaries, common platform are constraints
September 9, 2012 11:49
First Ex-Im financed nuclear plant since the late 1990s; U.S. and UAE signed civilian nuclear pact in 2009
September 9, 2012 11:00
European Union heavyweights Britain, France and Germany called on Friday for new sanctions against Iran over its nuclear programme, as Israel continues to threaten military action.
September 9, 2012 10:29
Qatar wants to become the biggest shareholder in Royal Dutch Shell by raising its stake to 7 percent to strengthen its ties with the oil company and further invest its wealth in western assets, a report said on Friday.
September 9, 2012 9:52
Ahli Bank, Qatar's seventh-largest listed lender by market value, plans to raise its capital by 20 percent through a rights issue starting later this month, the bank said in a statement on Tuesday.
September 6, 2012 5:53
Average yields declined on 5.5 billion Egyptian pounds ($902.01 million) of treasury bills auctioned by Egypt's central bank on Thursday, the Ministry of Finance said.
September 6, 2012 5:48
Soymeal demand from Iran tapers off; Local soybean supplies to improve from October
September 6, 2012 5:46
Market tight, Kuwait refinery issue restricts supply; Bapco cargo sold above $5/bbl, highest in years
September 6, 2012 5:44
Jordan-based private equity firm Foursan Group has acquired a 6.6 percent stake in Jordan Dubai Islamic Bank, making it the bank's second largest stakeholder, Foursan said on Thursday.
September 6, 2012 5:42
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
