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Nokia charging back with full force
Saudi government websites targeted
A company linked to Malaysian billionaire Robert Kuok is close to a deal to buy a majority stake in the Southeast Asia operation of Dubai shipbuilder Drydocks World, two sources said on Tuesday.
June 27, 2012 9:59
Olayan Group, one of the largest conglomerates in Saudi Arabia, has concluded its maiden issue of an Islamic bond, or sukuk, two sources with knowledge of the matter said on Tuesday.
June 27, 2012 9:58
Thousands of Kuwaitis protested on Tuesday against a court ruling that effectively dissolved a parliament dominated by opposition Islamists and reinstated the previous, more government-friendly, assembly.
June 27, 2012 9:57
U.S. President Barack Obama to enforce sanctions on countries that do oil deals with Iran's central bank -Washington is revving up efforts to tighten the squeeze on Tehran.
June 27, 2012 9:56
Qatar Telecom has 52.5 pct stake in Kuwait's Wataniya; Qtel submitted offer to regulator to buy stake; Kuwait's sovereign fund has 23.5 pct stake in Wataniya; Barclays Capital, NBK Capital advising Qtel on deal
June 26, 2012 5:48
The TCIP benefits from a guarantee provided by the IDB ; therefore, its rating is in line with IDB's Long-Term Issuer Default Rating (IDR) of 'AAA' with a Stable Outlook.
June 26, 2012 5:47
Dubai-based Islamic mortgage provider Tamweel concluded investor meetings on Monday and said any eventual transaction will be backed by properties and receivables located in Dubai.
June 26, 2012 5:46
The 16th round of sanctions against Syria are part of EU efforts to pressure President Bashar al-Assad into ending his violent repression of a 15-month-old uprising against his rule.
June 26, 2012 5:46
Bunker fuel prices in the Fujairah market have fallen to their lowest in 16 months as falling crude oil prices weigh on bunker and cargo fuel oil premiums in the region.
June 26, 2012 5:45
Saudi Arabia is showing no sign of changing its policy of high oil output to support global economic growth, despite a fall in crude prices below $90 a barrel for the first time in 18 months.
June 26, 2012 11:11
South Korea became the first major Asian consumer of Iranian crude to announce a halt to imports after the government said they would be suspended from July 1 due to a European Union ban on insuring tankers carrying Iranian oil.
June 26, 2012 11:00
Gulf investors are taking cues from Europe amid thin local news and negative sentiment may spill over to regional markets as hopes fade of a debt-crisis resolution from an EU summit later this week.
June 26, 2012 10:39
The Kuwaiti government submitted its resignation to the country's ruler on Monday, a government source said, deepening a political crisis in the major oil exporter and U.S. ally.
June 25, 2012 6:22
Iraq orders 44 media outlets to be shut down after a dispute over broadcast licenses
June 25, 2012 11:05
Islamist Mohamed Morsy is declared Egypt's first freely elected president
June 25, 2012 10:22
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
