Gulf Keystone Petroleum has said it had been paid for oil exports by the government of Iraqi Kurdistan, a sign it is serious about making regular payments to producers after months of debt building up.
Shareholders of Khaleeji Commercial Bank (KHCB) have approved reducing the bank's paid up capital by 13.36 per cent, from BD115.4 ($303.8 million) to BD100 million through decreasing the number of shares from 1.1 billion to 1 billion shares,
Some staff at Indian conglomerate Sahara say they have not been paid for several months, as the company tries to raise $1.6 billion to bail its boss Subrata Roy out of jail.
Reuters interviewed 11 employees independently contacted
Trust International Insurance and Reinsurance Company (Trust Re) has increased in its paid-up capital, from $140 million to $170 million, which reflects the doubling of its authorised capital to $200 million in June last year.
UAE's telecom operator du has launched the new ‘Data Manager’ app, for post-paid customers to stay on top of their data usage.
The app, available in English and Arabic for iOS and Android devices, allows customers