Wednesday 1 June 2016
 
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Aramco boosts market share as it prepares for listing: CEO

Saudi oil giant Aramco is gaining market share and pushing for greater efficiency, chief executive Amin Nasser said in an interview, as it acts as a "bridge" to a future when the nation relies less on energy exports. Nas

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Jazeera Airways' major shareholder 'has no current sale plans'

Kuwait's Jazeera Airways said on Thursday its major shareholder had no current plans to divest its stake in the airline. The carrier was responding to press reports that Boodai Corporation, an investment holding conglomerate,

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Jazeera Airways' major shareholder 'has no current sale plans'

Kuwait's Jazeera Airways said on Thursday its major shareholder had no current plans to divest its stake in the airline. The carrier was responding to press reports that Boodai Corporation, an investment holding conglomerate,

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Link to enable Egyptian investors to trade on Nasdaq Dubai

Egyptian investors can buy and sell shares on Nasdaq Dubai, a leading financial exchange in the region, through a newly created link with Misr for Central Clearing, Depository and Registry (MCDR).   The new link

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How Saudi tactfully defended its US oil market share

Saudi Arabia has successfully defended its share of the US oil market even as rising domestic production from shale and growing pipeline imports from Canada have cut seaborne imports from other countries, said an expert. Saudi cru

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Al Tayyar to up Zakhr buy to 30pc via $214m swap

Saudi Arabia's Al Tayyar Travel Group will buy 30 per cent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said on Tuesday. Under th

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Al Tayyar to up Zakhr buy to 30pc via $214m swap

Saudi Arabia's Al Tayyar Travel Group will buy 30 per cent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said on Tuesday. Under th

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Saudi Hollandi cuts cash dividend, plans share giveaway

Saudi Hollandi Bank, the kingdom's oldest lender, cut its cash dividend for 2015 but is planning a large bonus share issue to investors. The bank said in a bourse filing on Tuesday that its board had recommended paying a cash

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Asia shares retreat, euro subdued on ECB stimulus bets

Asian shares fell and the dollar held near an eight-1/2-month peak on Friday, while the euro hovered around seven-month lows on expectations of additional stimulus from the European Central Bank next week.   The

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Etihad asks court to allow code share with Air Berlin

Etihad Airways said it had asked a German court to grant a temporary injunction on Friday so it could go ahead with code-share flights with Air Berlin without approval from transport authorities.   Time has been

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