The Middle East market, specifically Saudi Arabia, holds strong potential for growth for the French tyre company, says COO.
The bank has arranged syndications for Turkish borrowers worth more than $4.5 billion since 2010, including more than $2.1 billion in the past 18 months.
Oil prices have fallen 30 per cent since June to below $80 per barrel.
Key will be what OPEC’s biggest producer, Saudi Arabia, decides, with some analysts expecting no price supporting action from the Kingdom.
Petrochemical revenues from the region grew by $6 billion between 2012 and 2013, increasing 7.3 per cent, a new report shows.
Iran’s oil minister will meet his Saudi counterpart in Vienna to persuade the oil giant for cuts in oil production and supply, state news agency said.
Abraaj is now offering 79.10 pounds ($11.06) a share for a total purchase price of 909.65 million pounds, it said in Sunday’s statement.
The negotiations between Tehran and six world powers – the US,UK, France, Germany, Russia and China have dragged on for more than a year.
Engineering firm Arcadia will now seek to expand into Saudi Arabia, Qatar and the UAE.
Western officials say Iran has refused to budge on key issues such as uranium enrichment.
Oil prices have fallen by 30 per cent since June to around $80 a barrel, alarming some OPEC members.
The three journalists have been jailed for nearly a year on charges of aiding a “terrorist organisation”.
Africa’s fast growing economies have transformed the continent into a booming frontier market, but risk is still a primary concern for GCC investors.
Regional concerns such as Iran’s impending nuclear deal and growing security threats from the region have helped mitigate the widening rift between GCC members, analysts say.
Vucinic has made 13 goals in eight league games to lift Al Jazira to second in the table.
Apple bought music streaming and audio equipment company Beats in May for $3 billion.
A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).
Islamic State has caused international alarm by capturing large expanses of Iraq and Syria, declaring a Sunni “caliphate” .
Relations between Cairo and Doha have deteriorated since President Abdel Fattah el-Sisi took charge.
The A350, Airbus’s newest plane and made with a carbon-fiber composite fuselage, is a direct competitor to Boeing’s 787 Dreamliner.
Mumbai tops the list, followed closely by Bangalore, finds new survey.
The majority of regional financial professionals also expect bonuses to increase when compared to last year, finds survey.
Abu Dhabi carrier launches fifth US route and now serves two key Californian cities directly
Hans-Joachim Eckert will meet investigator Michael Garcia to discuss their differences over the probe.
The recommended minimum monthly salary has risen to SAR1,200 in Saudi, and to Dhs1,500 in the UAE.
Zanganeh did not name the countries but he may have been referring to Saudi Arabia, a dominant force within the Organization of the Petroleum Exporting Countries.
The video did not show the beheading but showed a masked man standing with a decapitated head covered in blood lying at his feet.
To secure approval Etihad and Alitalia agreed to give up airport slots on the Rome-Belgrade route as Alitalia and Air Serbia, are the only carriers offering direct flights on that route.
Sunni Saudi Arabia is alarmed by the Houthis links to Iran and fears they may seek to emulate the king-making role played in Lebanon by its Shi’ite militia Hezbollah.
Start-ups still lack adequate funding options despite the growth of venture capital firms and other alternative forms of funding, a Silicon Oasis survey shows.