'Saudis to prioritise sports plans for NEOM project as costs balloon'Crown Prince Mohammed bin Salman has poured hundreds of billions of dollars into development projects through the kingdom's PIF sovereign w...
Saudi Arabia posts budget deficit of $3.30 billion in first quarterSaudi Arabia faces a Q1 2024 deficit of 12.387 billion riyals due to lower oil revenues. The kingdom plans giga-projects for economic diver...
HC quashes money laundering probe against Jet Airway's erstwhile promoter, Naresh Goyal, wifeThe case pertaining to the quashing of the Enforcement Case Information Report (ECIR) filed by the ED was heard by the division bench of Ju...
SC dismisses ED plea against Mumbai police clean chit to Naresh GoyalThe ED has been contesting the closure report filed by the Mumbai police against Jet Airways, Goyal and his wife Anita on a complaint filed...
Saudi Aramco mandates banks for inaugural dollar sukukThe banks will arrange fixed income investor calls starting on Monday, the document from one of the banks showed. An issuance of sukuk in t...
ADCB 2020 net profit down 27% as provisions for hospital group NMC buildThe bank posted a net profit of 3.81 billion dirhams ($1.04 billion) for the year ending Dec. 31, down from a net profit of 5.24 billion di...
Jet Airways case: Court accepts closure report filed by Mumbai Police, rejects complainant’s protest pleaIn a first, following the Mumbai police clean chit, ED filed a protest petition before a local court faulting the Mumbai police probe stati...
Mumbai court refuses ED’s intervention in Jet Airways police caseThe two law enforcement agencies are at loggerheads after the city police in June this year closed a cheating case against Jet Airways, pro...
BR Shetty: What's in a name? Banks count cost of loans in NMC collapseBR Shetty's NMC imploded this year on allegations of fraud & disclosure of more than $4 bn in hidden debts.
BR Shetty: The staggering rise and incredible fall of a billionaireBR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.
Rahul Gandhi asked to appear before Gujarat court in defamation caseAdditional Chief Metropolitan Magistrate S K Gadhvi issued the summons to the two leaders after finding prima facie evidence against them.
- Expect FY14 to be strong on recent accounts signed: Arun Jain, Polaris Financial Technology
'Salary is always a pressure. Ours is a global industry. We are observing the salary patterns as the market is maturing and will come out w...
- Competitive industry, young population to drive India growth: K V Kamath
Global competitiveness of Indian industry, powered by a young population, will drive the country's economic growth momentum over the next d...
- Growing Indian economy helps companies to invest abroad: K V Kamath, non-executive
The growing Indian economy has boosted confidence of local companies to make investments outside the country, K V Kamath has said.
- Abu Dhabi bank sues Credit Suisse, S&P over deal
Abu Dhabi Commercial Bank is suing Credit Suisse and credit rating agency Standard & Poor's, alleging it was misled over a 2007 investment ...