Kuwait's Aviation Lease & Finance Co (Alafco), a unit of Kuwait Finance House (KFH), plans to spend about $600 million buying 15 new aircraft over the next two years to cover a gap before it receives already-ordered planes in 2017, the c
Private importers in Iran bought 95,000 to 120,000 tonnes of corn in the past few weeks, adding to other recent large grain purchases as the country builds up strategic stocks, trade sources said on Friday.
The sources said the co
Gulf Air and Citi Bahrain have launched a promotional campaign that will allow Citi credit cardholders to purchase Gulf Air tickets/services with zero interest instalment plans.
Under the agreement, Gulf Air will offer all Citi cr
Middle Eastern banks bought the vast majority of a debut $500 million sukuk issue by Goldman Sachs, a positive sign for other conventional banks hoping to tap the region's liquidity by issuing Islamic debt, according to data from lead manage
Twitter is testing a "buy" button in some tweets that allows a mobile user to buy directly from a tweet.
A small percentage of US users will be able to see the "buy" button from Monday, Twitter wrote in a blog
Saudi Arabia’s National Gas and Industrial Company (Gasco) has signed a deal with Juffali Industrial Products Company (Jipco), the exclusive agent for Mercedes-Benz Trucks in the kingdom, to acquire 100 trucks for a total value of SR39.5
Dubai Islamic Bank has completed the acquisition of a 24.9 per cent stake in Bank Panin Syariah and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 per cent, it said on Monday.
Abu Dhabi's Etihad Airways on Sunday said its strategy of buying stakes in European airlines was bringing fresh competition to the region, despite close scrutiny by regulators over whether its investments comply with European ownership rules
Abu Dhabi Commercial Bank (ADCB) plans to buy back a further three per cent of its shares this year, as it seeks to enhance its stock value, its chief executive said.
The emirate's third-largest lender by m
Kuwaiti nationals ranked first, with the acquisition of 1,850 properties in Oman, in a huge rush among GCC nationals to buy real estate in the Sultanate, said a report.
The Emiratis were second with 1,211 properties, followed by Q