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A construction employee working atop a skyscraper in Dubai. (File photo)

June 21st, 2017 - 12:44 GMT

Arabtec Increases Share Capital to $1.6 Billion, From $1.2 Billion

Arabtec's board has approved increasing the company's share capital.

Kuwait has announced it is conducting studies into the viability of extracting shale gas from recently identified reserves, although any commercial operation will likely be many years off.

September 22nd, 2013 - 01:10 GMT

Is Kuwait going to jump on the shale bandwagon?

As investors wait for the Federal Reserve's policy-making committee to conclude its two-day meeting, the Dow Jones industrial average, S&P 500 and the Nasdaq all declined 0.4% in morning trading. (Photo by Spencer Platt/Getty Images)

May 7th, 2013 - 10:51 GMT

Federal Reserve has 'the greatest monetary policy of our lifetime'

Currently, Spain’s banking sector needs a bailout of billions of dollars after a precipitous collapse

June 21st, 2012 - 09:28 GMT

Spain gloom makes Lebanon bonds sparkle