21/06/2017 07:15 GMT
Algeria’s trade balance registered a deficit of US$3.97 billion from January to May, against US$8.71 billion in the same period of last year, a drop of 54.4%, according to data made public by the...
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21/06/2017 06:15 GMT
Bahrain's leading digital communications services provider Batelco has added 11 new international networks to its data roaming packages to boost its services for customers ahead of the holiday...
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22/06/2017 03:59 GMT
Egypt’s budget for the next 12 months will include a 75 billion Egyptian pound (US$4.17 billion) social spending package, the Finance Ministry said, a day after President Abdel Fattah El-Sisi...
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22/06/2017 04:41 GMT
Iranian Minister of Petroleum Bijan Zanganeh says that the unexpected rise in US crude oil output is the reason behind falling oil prices in the market. Speaking following a cabinet meeting, the...
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22/06/2017 04:06 GMT
Iran has begun Gas Exports to Iraq, an Iranian official told reporters, after several years of delays. The neighbors, both members of the Organization of the Petroleum Exporting Countries (OPEC),...
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22/06/2017 03:59 GMT
IBM and Zain, a top telecom company in Kuwait, have partnered to launch a new cloud disaster recovery service that will provide IBM and Zain’s enterprise customers with cloud-based business...
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20/06/2017 04:33 GMT
Libya's oil production has risen by over 50,000 bpd to 885,000 bpd after the state oil firm settled a dispute with Germany's Wintershall that had slashed production by some 160,000 bpd, a Libyan oil...
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22/06/2017 04:29 GMT
Damac International, a leading property developer in the region, said it has secured a major contract from Omani government to transform one of its key ports into a world-class, waterfront mixed-use...
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22/06/2017 04:29 GMT
Qatar National Bank said it expects to meet its earnings targets as the ongoing Saudi-led campaign to ‘isolate’ the country has minimal impact on its operations. The Middle East’s largest lender by...
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22/06/2017 04:26 GMT
The blockade imposed on Qatar by some of its regional neighbors is threatening to puncture investor appetite for the GCC region as a whole, translating into potentially higher debt costs for...
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22/06/2017 04:29 GMT
India-based engineering firm Sterling and Wilson has won both the turnkey engineering, procurement and construction (EPC) and operation and maintenance contract for the world’s largest single...
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14/06/2017 08:21 GMT
The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of IDB Group, and Tadhamon International Islamic Bank (TIIB) (www.TIIB.com) have...
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22/06/2017 08:00 GMT
As the world witnesses spectacular growth in oil and gas production from the US shale deposits, the boss of French energy giant Total paradoxically says this is one area where he doesn't want to...
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