KUWAIT: Kuwait’s biggest Islamic lender, Kuwait Finance House (KFH) reported a 24 percent rise in fourth-quarter net profit yesterday thanks to its restructuring...
KUWAIT: Kuwait’s biggest Islamic lender, Kuwait Finance House (KFH) reported a 24 percent rise in fourth-quarter net profit yesterday thanks to its restructuring...
AMMAN: Jordan’s Arab Potash Company, one of the world’s largest producers of potash, said 2012 net profit fell by more than a third...
ABU DHABI: Etihad Airways needs to revise its deal to buy a stake in India’s Jet Airways and it is too soon to...
MOSCOW: The Group of 20 nations declared yesterday that there would be no currency war and deferred plans to set new debt-cutting targets,...
ABU DHABI: UAE budget carrier Air Arabia reported a 6 percent rise in fourth quarter net profit yesterday, helped by a rise in...
LONDON: Oil company Royal Dutch/Shell has asked the British government to raise the subject of a tax dispute with India during Prime Minister...
DUBAI: The Dubai International Financial Centre (DIFC), a business zone, says it aims to double the number of companies there over five years...
DUBAI: Oman Telecommunications (Omantel) reported a 10 percent fall in fourth-quarter profit, missing analysts’ estimates as revenue from text messages and international calls...
DUBAI: Bahrain’s economic growth is expected to pick up sharply this year on the back of a stronger oil sector, large industrial investments...
DUBAI: Egypt’s index marked its biggest gain in nine days yesterday after protests marking the second anniversary of the overthrow of former president...
KUWAIT: Islamic financial institutions in Kuwait should hire enough personnel to ensure they comp ly with Shariah standards, and work with the personnel...
DUBAI: The United Arab Emirates attracted about Dh30 bn ($8.2bn) of direct foreign investment last year, the UAE’s prime minister said yesterday. Large...
DUBAI: Dubai’s Emaar Properties surged to a four-year high yesterday as upbeat research reports from international banks bolstered demand from local and foreign...
DUBAI: Emirates expects a revamped version of Boeing’s 777 airliner to be available to customers in six to nine months, the carrier’s president...
Hyderabad: Saudi Arabia is keen to promote commerce and investment with India, especially in Andhra Pradesh, Ambassador Saud Mohammed Al Sati said, saying...
SANA’A: Yemen’s central bank slashed its main interest rate by 3 percentage points to a three-year low yesterday following a sharp decline in...
MUSCAT: On a cold, hazy morning in the desert outside the northern town of Bahla last week, Oman’s ruler told a group of...
DUBAI: Banks in the United Arab Emirates will this year aim to repay capital placed with them at the height of the global...
