Egypt aims to fully repay its $3.1 billion debt to foreign oil and gas companies by mid-2016, around a year later than previously indicated.
March 05, 2015 - 08:42 GMT
In November, Egypt said it would repay all its debts within six months.
Qatar Airways will also keep investing in other well-managed carriers to diversify its income from the main airline.
March 05, 2015 - 08:22 GMT
Qatar Airways would like to raise its stake in the owner of British Airways and Iberia at some point and may invest in other well-run airlines.
The volume of Iran’s annual farmed caviar output stands at 3 tons, which is planned to reach 100 tons by 2025
March 05, 2015 - 08:08 GMT
Iran can earn an income equal to 12.6 percent of its annual crude oil revenue by producing 100 tons of farmed caviar per year.
The government repaid $5 billion in November and December 2014 in outstanding debts out of a total of $8 billion.
March 05, 2015 - 05:55 GMT
Egypt will present 12 petroleum, petrochemicals and minerals projects worth $10 billion at the economic development conference set for mid-March, the petroleum ministry has said.
Chen says BlackBerry is “stabilizing” financially, without presenting figures.
March 05, 2015 - 04:55 GMT
BlackBerry will launch four new smartphones this year and a new package of cross-platform applications as it continues its “philosophical” shift to making software.
The project will be built with Egyptian-Arabtec cooperation at a cost of $40bn.
March 04, 2015 - 19:47 GMT
Housing Ministry asks for higher percentage of residential units than previously agreed, says source.
Bank of Khartoum has applied for a branch licence and is hoping to finalise the process of obtaining it within weeks, he said.
March 04, 2015 - 19:24 GMT
Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch in Bahrain.
As a good example of how to behave online, the conference organisers chose a number of influential social media figures to be speakers at the event.
March 04, 2015 - 18:51 GMT
Online etiquette and the correct way to behave on social media will be the focus of a major youth conference opening in Bahrain next week.
A source at the Beirut Municipality told The Daily Star that the police will be hunting down and shutting clinics discovered to be operating without licenses.
March 04, 2015 - 18:35 GMT
In a statement, Chebib said all illegitimate aesthetic centers in Beirut would be shut down until they obtain legal status.
The devices are anticipated to receive a mixed reaction in the UAE,
March 04, 2015 - 18:29 GMT
The much-anticipated devices were launched by the Korean manufacturer ahead of the Mobile World Congress in Barcelona.
Brent crude fell more than $3 on Monday as traders refocused on rising global supplies.
March 04, 2015 - 14:43 GMT
Oil rebounded by more than $2 towards $62 a barrel on Tuesday as fighting in Libya, stronger equity markets and firm demand helped Brent futures recover from their biggest one-day loss in a month.