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KUWAIT Capital Intelligence Ratings (CI Ratings) has affirmed Kuwait’s Long-Term Foreign Currency and Local Currency Ratings of ‘AA-’, and its Short-Term Foreign and Local Currency...

 Staff reporter MUSCAT The substantial outpacing of growth in bank credit over deposits has left rating agency Moody’s cautious. In its latest report, the agency pointed...

TEHERAN Iran, by raising the potential of its experts and technicians, has become self-sufficient in the construction of petrochemical facilities, said a senior official in...

 Staff reporter MUSCAT Standard & Poor’s (S&P) has reaffirmed an A- stable outlook rating for Oman Insurance Company following a recent review. The outlook reflects the view...

NEW DELHI India’s finance ministry has directed all profit-making state firms to use their surplus cash to buy back shares and pay handsome dividend, besides...

NEW DELHI US aircraft maker Boeing will deliver two Dreamliners to Air India this year and four more next year to complete the airline’s order...

BEIJING Listing out as many as six core areas that need further reforms in India, IMF has warned that headwinds from weaknesses in the country’s...

MUMBAI Vedanta has offer-ed to sweeten the terms for taking over subsidiary Cairn India after an initial bid had been stymied for a year. Under...

NEW DELHI Reliance Industries and its partner BP of UK have invested over Rs45 billion ($670.15 million) in the flagging eastern offshore KG-D6 block to...

FRANKFURT Central banks from Washington to Tokyo take centre stage next week, although policymakers are likely to remain cautious as they wait for the dust...