Crude oil tanker earnings on the major Middle East route fell to their lowest in over three months on Wednesday as a surplus of vessels took its toll on rate sentiment.
Egypt's urban consumer inflation quickened to its fastest in two years last month, the central bank said on Wednesday, driven by higher food prices and a sliding currency
Demand for European destinations rose by 45 percent in August among Middle East travellers compared to the same period last year, according to a study by
India's Tata Steel has won an order to manufacture 60,000 tonnes of high-quality rail for a new high-speed line linking the two holy cities of Makkah and Madinah in Saudi Arabia.
Abu Dhabi Islamic Bank PJSC (ADIB) plans to expand in North Africa as the lender controlled by the emirate’s ruling family seeks to access more-populous markets.
Revenues for hoteliers and hotel apartment operators in Dubai reached Dh11.62 billion ($3.16 billion) in the first half of this year, up 18.5 per cent on H1 2012
Bahrain-based Islamic lender Al Baraka Banking Group said on Sunday that its net income for the second quarter totalled $42 million, up 11 percent from the prior
