Business Blog

Ooredoo has signed a USD 1 billion five-year revolving credit facility, the telecommunications operator said in a statement.

Kuwait's first privately owned telecommunications company launched on Wednesday night its transition to the new global brand - Ooredoo.

TOKYO, May 23 (Reuters) - Japan's Nikkei share average surged to a three-week closing high on Friday, thanks to upbeat economic data in Japan's two biggest trade partners, with the yen's retreat rounding out an encouraging array of...

M?venpick Hotels and Resorts, a Swiss hotel chain, is looking to enter the Kurdistan region of Iraq and open more hotels in the UAE, according to Soumitra Saha, the company’s vice president of finance and controlling for the Middle East and South Asia.

Kuala Lumpur, On the second day of the 11th IFSB Summit, key leaders in the Islamic financial services industry (IFSI) deliberated on the role, prospects and challenges of Islamic finance, in particular in new and emerging economies. Themed "New Markets and Frontiers for Islamic Finance: Innovation and the Regulatory Perimeter", the Summit took place on 21 and 22 May 2014 at Le

Etisalat announced on Thursday that it has successfully completed the listing of its USD 7 billion (AED 25.74 billion) Global Medium Term Note Programme on the Irish Stock Exchange.