Business Blog

Ooredoo, Barwa Bank in tie-up

Ooredoo and Barwa Bank have announced a new partnership agreement, which will enable all Barwa Bank customers to pay for prepaid and postpaid Ooredoo services in real time via Barwa Bank's mobile and Internet banking services.

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Ooredoo signs USD1bn loan deal to repay existing debt

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

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Wataniya Telecom becomes Ooredoo

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

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Nikkei hits three-week closing high on U.S., China optimism

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...
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Movenpick Hotels and Resorts to expand in the UAE

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.

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New and Emerging Economies: Final Sessions of the 11th IFSB Summit Explores the Role, Prospects and Challenges of Islamic Finance

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

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