Arab Gulf issuers are turning to the Islamic bond market like never before, selling record amounts of debt compared with non-Shariah compliant sellers, as...
Syria’s economy is collapsing. Deposits fell by an average of 35 percent in 2011 at Bank of Syria and Overseas SA, Bank Audi Syria and Banque Bemo Saudi...
Mostafa Farahmand, who oversees sales at a car dealer in Tehran, hasn’t replenished his stock of Porsche, BMW and Mercedes-Benz models for months...
Amid rebellion and turmoil, automakers led by Volkswagen AG and Ford Motor Co. are investing more heavily in the Middle East. VW plans to introduce the Polo...
DUBAI: Limited Brands Inc., operator of the Victoria’s Secret chain, and American Eagle Outfitters Inc. are among retailers seeking a foothold in Dubai...
DUBAI: Qatar Airways Ltd. and Emirates, already luring passengers from British Airways and Air France, will extend the contest to the $68 billion air-freight...
ABU DHABI: Emirates, the world’s biggest airline by international traffic, said annual earnings surged to a record 43 percent as it attracted more passengers...
DUBAI: Bombardier Inc., the maker of trains and regional aircraft, is confident of booking more public-transport orders in the Middle East and North Africa in...
DUBAI:Airbus SAS, the biggest commercial planemaker, said unrest in the Middle East and North Africa could cost it up to 60 orders in 2011, or 40 percent of...