The Sultanate’s state budget deficit has seen a 53% drop with the deficit at OMR 0.66bn (660mn) as compared to OMR1.4bn for the same period in...
Thomas Cook Group – the well-known British travel operator and world’s oldest travel company – has agreed to key rescue package terms that will see Hong...
Since its establishment in 1967, Al Ahli Bank of Kuwait (ABK) has progressed to become one of the leading Kuwaiti banks offering integrated and seamless retail...
Global Sukuk (Islamic bond) issuance is set to rise to 6% to around $130bn this year, according to a Moody’s Investors Service report. This fourth consecutive...
India’s sixth LNG import facility will be a floating terminal with a 1.0 million mt/year capacity on its eastern coast, at the port city of Krishnapatnam...
(Bloomberg) — Turkish billionaire Ferit Sahenk is ready to sell more of his assets as part of an ongoing effort to satisfy a debt-restructuring deal struck with...
Petrofac has been awarded a contract of an undisclosed value by Hess, a leading independent energy company, for the well-plugging and abandonment of four wells within...
Ian Pettigrew, Regional Head of Innovation for Global Liquidity and Cash Management, HSBC Bank (MENAT) spoke to Mayank Singh at the New Age Banking Summit, Dubai...
Oman’s Galfar Engineering & Contracting has been awarded the first construction contract for Khazaen Economic City, stated a media release. This is the first construction contract...
(Bloomberg) — The firm that’s transforming an archipelago, desert and mountains — an area about the size of Belgium — on Saudi Arabia’s Red Sea coast...
