Business / Middle East Business

Lebanon court rejects recusal of judge in central bank chief graft probe 16 Jun 2022 - 05:19 pm

BEIRUT: A Beirut court has rejected a request by a judge to recuse himself from filing corruption charges against Lebanese central bank governor...

Iraq’s parliament passes emergency food bill 08 Jun 2022 - 09:24 pm

BAGHDAD: Iraqi lawmakers on Wednesday passed an emergency bill that will allow the government to transfer public funds to meet urgent needs for...

SAS appoints General Manager for Middle East, Africa, Turkey, and Central Asia 24 May 2022 - 10:38 am

Doha: SAS, the leader in analytics, present in Qatar for almost ten years, announced the appointment of Tayfun Topkoc as General Manager for...

Saudi finance minister says no immediate plans to fund PIF wealth fund 23 May 2022 - 06:12 pm

Saudi Arabia's finance minister said on Monday there were no immediate plans to transfer funds to the Kingdom's sovereign wealth fund, the PIF....

Lebanon recovery plan includes central bank debt write-off, haircuts to depositors 21 May 2022 - 05:24 pm

Lebanon's government foresees cancelling "a large part" of the central bank's foreign currency obligations to commercial banks and dissolving non-viable banks by November,...

Emirates Telecommunications acquires 9.8% stake in Vodafone 14 May 2022 - 01:59 pm

Dubai: Emirates Telecommunications Group Company PJSC, now known as (e&), said on Saturday it has acquired a 9.8% stake inVodafonefor $4.4 billion. The...

Saudi Arabia to host Future Aviation Forum 09 May 2022 - 08:20 am

Saudi capital Riyadh will host today the three-day "Future Aviation Forum", organized by the General Authority of Civil Aviation (GACA). The Future of...

Turkish inflation accelerates to 70%, driven by energy, food 05 May 2022 - 11:04 am

Turkey’s inflation accelerated in April on the back of a rally in global energy prices and domestic food costs, staying at its highest...

Fragmented performance across Saudi Arabia’s real estate sector in Q1, 2022 29 Apr 2022 - 09:56 am

Saudi Arabia’s real estate sector has started the year with fragmented performance and activity levels across the Kingdom’s regions. Looking at Saudi Arabia’s...

Oman's sovereign wealth fund splits into two portfolios: State news agency 24 Apr 2022 - 06:58 pm

The Oman Investment Authority has split its assets into local and foreign portfolios, the state news agency said on Sunday.Abdulsalam Al Murshidi head...

Lulu Financial Group MD gets Bahraini Golden Visa 01 Apr 2022 - 09:51 am

Managing Director of Lulu Financial Group Adeeb Ahamed has received the Bahrain golden residency visa. Adeeb Ahamed was awarded the honour by Deputy...

Huawei Cloud Summit MEA set to open on March 28 25 Mar 2022 - 10:56 am

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, will be hosting the Huawei Cloud Summit Middle...

Huawei Cloud Summit MEA set to open on March 28 25 Mar 2022 - 10:48 am

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, will be hosting the Huawei Cloud Summit Middle...

Lebanese judge charges central bank governor with illicit enrichment, judge says 21 Mar 2022 - 02:38 pm

BEIRUT:A Lebanese judge charged central bank governor Riad Salameh with illicit enrichment on Monday, adding to the number of graft investigations he already...

Turkish finance minister says rise in energy prices accelerating inflation 19 Mar 2022 - 04:05 pm

ISTANBUL: Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara...