Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while...
Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow...
The talks for the merger have not yielded a "common vision."According to a statement, the two groups have decided to end negotiations and to withdraw completely from the proposed merger partnership deal
The potential merger would have created one of the largest local insurance companies with highly competitive potential and financial strength
According to central bank's statistics, Banks’ investments rose in the first eleven months of 2022 by $10 billion or 8...According to central bank's statistics, Banks’ investments rose in the first eleven months of 2022 by $10 billion or 8 percent, compared to $129 billion in 2021
Securities that are debts to third parties, or bonds, accounted for the largest share of banks’ investments by over 49.1 percent, reaching $68 billion up to November 2022
The boost is seen as key for its long-term growth plans.The rating upgrade follows two major investments in 2022 at DP World’s flagship UAE assets: Jebel Ali Port, Jebel Ali Free Zone, and National Industries Park
According to Moody’s, DP World’s diversified global port operations led to the improved rating
The bank recorded an increase of 26.6 percent.The bank also reported an operating profit of $272 million in 2022, an increase of 17.4 percent from the previous year
The bank also reported an operating profit of $272 million in 2022, an increase of 17.4 percent from the previous year
The area of land used for opium poppy cultivation expanded by a third to just over 40,000 hectares in 2021-22...The UNODC estimates Myanmar's opium economy is worth around $2 billion -- the equivalent of up to three percent of the country's GDP in 2021
A combination of the pandemic and the aftermath of the coup hammered Myanmar's economy with an 18 percent contraction in 2021, according to the World Bank
The bank's net profit rose to $93 million in 2022.Net interest income and net income from Islamic financing and investment activities grew 29.8 percent to $327 million
Income from investments and Islamic instruments stood at $5 million
Looking to develop offshore hydrocarbon sites, Libya's National Oil Corporation has signed an $8-billion deal with Italian energy company ENI....Libya sits atop Africa's biggest oil reserves but has been engulfed by conflict since the 2011 revolt that toppled longtime dictator Moamer Kadhafi
Italy has been scrambling to find alternatives to Russian energy since Moscow's invasion of Ukraine, and Italian Prime Minister Giorgia Meloni is set to visit Tripoli
The revenue of Saudi cinemas increased by 9.47% to approximately US$240 million until December 25, 2022, compared to 2021's revenue...The revenue of Saudi cinemas increased by 9.47% to approximately US$240 million until December 25, 2022, compared to 2021's revenue of US$232 million, a latest report points out
Although the Saudi film industry is still in its infancy, the goal is to increase the number of local films shown in theaters to 70 per year by 2030
- Firm confirmed its 2023 outlook amid strong aviation demand.
Boeing said its commercial plane business was dented by "abnormal costs".
It said "labor instability and supply chain disruption" weighed on its defense, space and security unit.
- BAGHDAD, IRAQ - Iraqi Prime Minister Mohammed Shia al-Sudani will travel to France on Thursday for energy and security talks with...
Sudani said he wants to "activate the agreements" between oil-rich Iraq and France "particularly in the transport, energy and investment sectors".
French giant TotalEnergies in 2021 signed a $10 billion contract with Baghdad, but work on the multiple projects is yet to begin.
