GKSD Investment Holding SA approached Abu Dhabi’s Mubadala Investment Co. about becoming an equity partner
The shipment included gloves, surgical masks and laboratory diagnostic kits
The other coronavirus patient travelled from Italy
NMC’s shares have been in free-fall since a December report by Muddy Waters Capital LLC
The low-cost carrier will focus on establishing routes to markets in which Wizz Air has existing, high growth operations
Saudi Aramco seeks to acquire a 70 per cent stake in SABIC for $69.1bn
Previously issued tourist visas to residents of these countries will also be temporarily suspended
The list features prominent Arab business veterans and personalities from across industries who are making an impact
As the Covid-19 continues to spread, airlines have stepped up normal cleaning procedures to limit the risk of contamination
Boeing has repeatedly missed targets for re-certifying the Max, grounded since March after two fatal crashes
Falling reserves and inflows have led to a shortage of foreign exchange in Lebanon, disrupting the financial system
The new strain of the coronavirus that reportedly emanated from a food market in China has morphed into an international contagion
He became Egypt’s longest-serving ruler in more than 150 years before being forced from office by a popular uprising in 2011
The country has already suspended all flights to and from China, with the exception of Beijing
Around 250 people inside a seminary in Qom were believed to have been quarantined on Monday
Egypt’s second-largest state-owned lender will use the debt to finance small-and-medium-size enterprises, among other purposes
Central banks in Indonesia, Mexico, Turkey and South Africa have cut rates this year
S&P Global Ratings cut the country’s long-term foreign currency rating to CC, following a similar reduction by Moody’s Investors Service to Ca
South Korea reported its first death from the virus on Thursday while in Singapore, more than 80 people have contracted the virus
Huawei has signed 77 5G contracts globally, of which 12 are in the Middle East
In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake
Starting on Monday, February 17, Middle East Airlines will only accept foreign currency payments
China, the US and India bear the highest economic cost of soaring pollution, at an estimated $900bn, $600bn and $150bn a year, respectively
The ex-Nissan boss, who was facing two trials on charges of financial misconduct in Japan, jumped bail and fled the country late last year
Former Prime Minister Saad Hariri requested the World Bank and IMF for assistance to address the country’s financial woes
The restaurant brand expects to roll out its first unit in New York by Q2 2020
As we enter 2020, it is crucial to note the transformation that the Middle East’s power sector has seen in the last decade
Chinese tariffs on American goods from September 1 last year will be lowered, with the rate on some dropping from 10 per cent to 5 per cent
Arvind Krishna has led the development of many of IBM’s newer technologies like artificial intelligence, cloud and quantum computing
The appointment took place following the resignation of Adel Abdul-Mahdi