UAE’s Etisalat misses forecast with 70% profit leap
Etisalat’s 2013 full-year net profit rose to AED 7.08bn from AED 6.74bn…
Kuwait’s Zain says finalises $800m, five-year loan facility
Reuters - Kuwait’s Zain has finalised an $800m, five-year loan facility from…
Dubai’s DAMAC triples profit as property sales surge
Reuters - Dubai luxury real estate developer DAMAC tripled its 2013 net…
Sawiris to buy into German travel group FTI
Sawiris, a member of Egypt’s richest family, runs Orascom Development Holding, operating…
Asian shares hit by rising Russia-Ukraine tensions
The downbeat atmosphere was compounded in some markets by another disappointing set…
Building a gateway to the future
By Sunil Veetil, Regional Head of Payments and Cash Management, HSBC Middle…
Egypt bourse retreats on political uncertainty
Reuters - Egypt’s bourse retreated because of uncertainty over the timing of…
Egyptian Pound flat in official and black market trade
Reuters - The Egyptian pound was steady at a central bank foreign…
Arabtec denies plans to acquire Kuwait’s Kharafi National
Reuters - Dubai builder Arabtec on Wednesday denied that it planned to…
Boundless natural gas, boundless opportunities: Interview with EIA chief
The Energy Information Agency (EIA) has predicted that natural gas production in…