Business

Dubai: Dubai wants a guarantee that Airbus will keep production of the A380 superjumbo open for at least 10 years before state-owned Emirates places a new...

Muscat: Mazoon Electricity Company successfully priced its debut $500 million 10-year Sukuk offering. The Sharia-compliant Ijara structure was adopted for...

Dubai: Duqm Refinery and Petrochemical Industries Co will approach banks in about two weeks for the debt financing it needs to back a $6 billion refinery...

Khobar (Saudi Arabia): Preparations to float shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the venue for the...

Muscat: Selective buying on index heavyweights pushed the MSM30 Index to end higher at 5,083.92 points, up by 0.33 per cent. The MSM Sharia Index ended at...

London: Europe's economy is now hitting its stride, the International Monetary Fund said on Monday, but a disruptive Brexit could result in...

Dubai: Budget carrier flydubai is in contact with Airbus and Boeing about a potential new order for up to 175 passenger jets, industry sources said on...

Dubai: Emirates unveiled a preliminary order worth $15 billion for 40 Boeing jets on Sunday, but kept Europe's Airbus waiting for a lifeline order for...

Shanghai: China stocks rose on Monday morning, led by banks, as excitement over financial deregulation unveiled last week continued to boost sentiment,...

Muscat: Gulf Air, Bahrain’s national carrier, announced the appointment of Kresimir Kucko as the chief executive officer of the airline, with effect from...