Results for
business
631 Results-
Davos 2014: Private and Public sectors to invest in health
Participants agreed on increased investment after a meeting entitled ‘Health is wealth’ Banking & Finance -
Two Kuwaiti refineries stay below full output after shutdowns
The 270,000-barrels per day (bpd) Mina Abdullah and 200,000-bpd Shuaiba refineries are working at around 70 percent Energy -
Jordan’s Arab Bank 2013 net profit up 43 percent
Arab Bank has seen a slowdown in profit growth in recent years Banking & Finance -
European businesses rushing to find Iran bonanza
For businesses, getting into Iran is a chance not to be missed. Business -
Libyan oil revenues plunge as protests hurt output
The minister said revenues fell back to $13 billion for the second half of 2013 due to the blockade since July Energy -
Iraq draft budget intensifies Kurd oil export row
The draft budget requires the Kurds to export 400,000 barrels per day (bpd) well above the region’s current export capacity Economy -
New Saudi airline in $2 bln deal for Bombardier planes
The deal is a boost for Bombardier that has so far seen slow orders for the CSeries after several months of development delays Aviation & Transport -
Saudi British Bank Q4 net profit jumps 20 percent, beating forecasts
Saudi Arabia's fourth-largest listed bank attributed its profit rise only to higher operating income Banking & Finance -
Study: GCC continues to drive MENA growth
Spending in 2014 is estimated to be $30 billion in Qatar and $25 billion in Kuwait Economy -
Forbes ranks Egyptian doctor among the top social entrepreneurs in 2014
Zaazoue is the only Egyptian in the business magazine's “30 under 30” list Art and culture -
Egypt hits 3-year high as Sisi signals may run for president
Egypt’s benchmark rose 2.0 percent to 7,117 points, its highest close since January 2011 Economy -
Yemen parliament approves 2014 budget, raising spending by 4%
Estimated revenue for the impoverished nation for 2014 is around 2.20 trillion rials ($10.23 billion), up about 6 percent from 2013 Economy -
Dubai property firm Nakheel to pay $1.1bn debt in 2014
Nakheel said its finances were boosted by strong real estate growth and improved economic conditions Property -
Limited production resumes at South Libya oilfield
Al-Sharara oilfield is now producing some 60,000 barrels per day compared with its pre-October output of some 330,000 bpd Energy -
Yemen repairs attacked pipeline, oil flows again
Tribesmen bombed the Yemeni pipeline in December, halting oil flows to the Ras Isa oil terminal on the Red Sea Energy -
Beached Morocco oil tanker to be ‘unloaded by Monday’
The Moroccan ship was travelling from the Canary Islands when it hit rocks near the Atlantic port of Tan Tan during a storm on Dec. 23 Energy -
Food prices lead Turkish inflation higher in December
Turkish consumer prices rose 0.46 percent month-on-month in December, the Turkish Statistics Institute said Economy -
World’s richest man Bill Gates ups fortune by $15.8b in 2013
The ranking showed that $524 billion was added to the world’s top billionaires’ collective net worth Banking & Finance -
Iran arrests tycoon accused of busting U.S. and EU sanctions, says media
The arrested businessman denied any wrongdoing Economy -
Turkish markets hit after minister urges Erdogan to quit
Turkey’s main stock index fell 4.2 percent and the lira weakened to 2.0850 against the dollar Financial Markets -
Security company Northrop Grumman appoints new CEO for Saudi division
Walid Abukhaled will be in charge of leading the security company’s operations in the kingdom Business -
Merit should come before Saudization
Forcing businesses to employ Saudis who do not have the proper training will have adverse effects on our economy Middle East -
Dubai International Capital sells its major European assets
To pay off loans accumulated after the financial crisis, DIC sells its major holdings Economy -
Iraq businesses in grueling fight against corruption, bureaucracy
Baghdad is not doing enough to support commerce, experts say Economy -
Iran expects to begin gas exports to Iraq by July 2014
The import agreement between the two countries has a duration of 10 years Business -
Saudi non-oil sector surges due to oil revenues
IMF Deputy Managing Director Min Zhu expects a growth in 2014 in the Saudi non-oil sector Energy -
Azza Fahmy: Egyptian jewelry design at its finest
Azza Fahmy’s pieces are uniquely decorated with precious gemstones and classical Arabic poetry reviving Middle Eastern heritage Profiles -
French carmakers poised for scramble to reclaim Iran
French automakers Peugeot and Renault set to resume vehicle sales in Iran Business -
Oil slips below $110 as investors eye Iran talks
Barrel price drops as investors are concerned about talks on Iran's nuclear program. Energy -
Kuwait offers $2 bn in loans, investments to African states
Arab and African leaders gathered for the two-day summit in Kuwait Economy