Latest Business News
Dubai’s Arabtec extends reach with giant construction order
Reuters - Dubai construction firm Arabtec clinched a $6.1bn contract on Sunday,…
NMT launches project to transship containers via water barges
New transportation service to start in two weeks, expected to save between…
Bahrain’s Investcorp eyes extended growth after profit leap
Reuters - Bahrain-based investment company Investcorp expects 15-20% annual growth over the…
Sukari goldmine production expected to grow 18% in 2014
Centamin Company forecasts that it will produce 420,000 gold ounces, up from…
Egypt’s Pioneers Holding to invest EGP 1.2bn in 2014
Reuters - Egyptian financial firm Pioneers Holding plans to spend EGP 1.2bn…
Dana Gas annual revenues climb to AED 2.39bn
Compared to 2012, gross revenues increase by 8%, net profits down by…
Etihad in final due diligence stage for Alitalia stake buy
The announcement comes as Italy’s Prime Minister Enrico Letta is on a…
South African Airways turns again to state for survival
State intervention is key to SAA’s survival and Finance Minister Pravin Gordhan…
US stocks hit by emerging-market fears
The Dow Jones Industrial Average sank 180.26 points (1.14%) to 15,698.85 over…