Middle East ride-hailing company Careem said on Thursday it had secured US$200 million in fresh funding from existing investors and that it expects to...

A gigantic years-long tax scam saw banks drain 55 billion euros (US$63 billion) from national treasuries in Europe, a far larger sum than previously t...

British fashion group New Look is to exit China and will close its remaining 120 stores there by the end of the year, it said on Thursday.

King Abdullah Port has announced its participation as a sponsor and speaker at the UAE Maritime Week, the Middle East’s first comprehensive maritime e...

OPEC daily basket price announced for Tuesday

Minister of Energy Receives Executive Secretary of the UN Convention on Climate Change

OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the ri...

Despite progress in reducing extreme poverty, nearly half the world's population lives on less than US$5.50 a day, with a rising share of the poor in...

Statements by the United States that it would reduce Iran's oil exports to zero are a "political bluff", the head of state-run National Iranian Oil Co...

SEDCO Holding Group has welcomed the fourth wave of SEDCO Group Stars under its strategy to identify high potential employees and fast track them to l...

UAE headquartered multi-business conglomerate Ghassan Aboud Group was appointed as a Distributor for export markets by Indian public sector petroleum...

Saudi Ambassador to Yemen, Mohammed bin Saeed Al Jaber, who is also the Executive Director of the Comprehensive Humanitarian Assistance Center, in Yem...

The U.S. Treasury Department on Tuesday imposed sanctions on a multibillion-dollar financial network that supports an Iranian paramilitary force that...

Bahri, a global leader in logistics and transportation, has been recognized for its exceptional level of performance in the maritime business and its...

A spike in the price of fruit and vegetables pushed up China's inflation rate in September, official figures showed Tuesday (Oct 16).

Amazon.com Inc is likely to buy an at least 7 per cent to 8 per cent stake in India's Future Retail Ltd through an investment arm, CNBC-TV 18 reported...