• Qatar is world’s largest exporter of liquid helium

    DOHA – Qatar has now become the world’s largest exporter and second largest producer of liquid helium with the launch of production at the new plant of RasGas Company, said Qatar’s Minister of Energy and Industry Dr Mohammed bin Saleh …

  • Russia plans humanitarian wheat aid to Egypt

    MOSCOW/ABU DHABI – Russia’s Agriculture ministry offered to hold discussions on possible humanitarian deliveries of wheat to Egypt, a reversal of policy that Egyptian officials and traders interpreted as a sign of political support.

    Egypt, the world’s biggest wheat importer, …

  • Mideast M&A transactions valued at $14.7 billion in H1

    DUBAI – Middle Eastern investment banking fees reached $356.6 million during the first half of 2013, while equity issuance by Middle Eastern companies raised $3.2 billion from 12 issues, Thomson Reuters said Monday in its investment banking analysis for the …

  • FGI selects Agilis to bolster growth

    Agile Financial Technologies, a leading software provider for insurance, banking and financial services sectors, has signed a contract with Focus General Insurance (FGI), who has recently acquired their license in Zambia, to deploy its general insurance solution – Agilis Core …

  • TASI dives from 15-mo. high on weak earnings

    JEDDAH – Saudi Arabia’s bourse slipped off a 15-month high Monday as earnings misses from petrochemical firms spurred profit-taking, while other regional markets were mixed.

    The stock benchmark Tadawul All Share Index lost 0.58 percent to close Monday at 7,699.02 …

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