Asia Top News and Analysis Dubai

  • DUBAI, Oct 7- Iran's parliament voted on Sunday to consider suspending plans for further reform of the country's food and fuel subsidies, with legislators citing economic pain caused by the plunge of the rial currency, Iranian media reported.

  • DUBAI, Oct 7- Iran's parliament voted on Sunday to consider suspending plans for further reform of the country's food and fuel subsidies, with legislators citing economic pain caused by the plunge of the rial currency, Iranian media reported.

  • DUBAI, Oct 7- Saudi Arabia's Kingdom Holding, the investment vehicle of Prince Alwaleed bin Talal, is planning to raise up to $500 million from a syndicated loan, with the proceeds largely to refinance existing debt, three banking sources said.

  • DUBAI, Oct 7- Iran's parliament voted on Sunday to suspend plans for further reform of the country's food and fuel subsidies, with legislators citing economic pain caused by the plunge of the rial currency, Iranian media reported.

  • DUBAI, Oct 7- Iran's parliament voted on Sunday to suspend plans for further reform of the country's food and fuel subsidies, with legislators citing economic pain caused by the plunge of the rial currency, Iranian media reported.

  • *Assets to be sold in Qatar and Egypt. DOHA/ DUBAI, Oct 7- Barwa Real Estate plans to sell assets worth 16 billion riyals in Qatar and Egypt to pay down loans, the Qatari property firm said on Sunday. The assets being sold include land in the Gulf Arab state as well as the Barwa New Cairo project in Egypt.

  • *Deal gives Qtel more control over Algeria, Tunisia subsidiaries. to 92.1 percent, giving an instant boost to its bottom line and more control of subsidiaries in the high growth markets of Algeria and Tunisia.

  • DUBAI, United Arab Emirates-- Qatar Telecom says it is paying $1.8 billion to substantially boost its stake in Kuwaiti telecommunications operator Wataniya. Qatar Telecom, or Qtel, didn't say who sold the shares. It has more than 83 million customers in the Middle East, North Africa and Asia.

  • DUBAI, Oct 7- Arqaam Capital, a Dubai- based emerging market investment bank, has agreed to buy a financial services firm in Libya to tap into economic growth as the country rebuilds after its civil war.

  • DUBAI, Oct 7- Barwa Real Estate plans to sell assets worth 16 billion riyals in Qatar and Egypt to pay down loans, the Qatari property firm said on Sunday. The assets being sold include land in the Gulf Arab state as well as Barwa New Cairo project in Egypt.

  • DUBAI, United Arab Emirates-- Gulf carrier Etihad Airways said Sunday a jump in passenger numbers flying aboard its fast-growing fleet drove third-quarter sales 19 percent higher to $1.3 billion. Like regional rivals Emirates and Qatar Airways, the airline is rapidly expanding its network, increasing the amount of cash it takes in.

  • DUBAI, Oct 7- Qatar Telecom has raised its stake in Kuwait's Wataniya to 92.1 percent following the close of its tender offer. The Qatari firm, which operates in 16 countries across the Middle East, Africa and Asia, paid 519.1 million Kuwaiti dinars at 2.6 dinars per share to raise its stake from 52.5 percent, it said in a statement on Sunday.

  • DUBAI, United Arab Emirates-- Just as Iran's currency was rattling near bottom after a stunning free fall, officials in Tehran opened a trade exhibition that included advanced engineering tools, heavy machinery and robotics.

  • DUBAI, Oct 7- Qatar Telecom:. *Now owns 92.1 percent of Kuwait's Wataniya after tender offer. *Says paid $1.8 billion to raise stake in Wataniya to 92.1 percent from 52.5.

  • *KIA tenders entire 23.5 pct stake- source* Qtel had bid $2.2 bln for remaining 47.5 pct stake* Announcement of tender details expected Sunday By Dinesh Nair and Matt Smith. DUBAI, Oct 6- Qatar Telecom is set to control more than 90 percent of Kuwait's Wataniya.

  • By Andrew Torchia and Yeganeh Torbati. DUBAI, Oct 6- Tehran's Grand Bazaar reopened under close police supervision on Saturday, traders said, days after it was shut by clashes between riot police and protesters blaming the government for the collapse of the Iranian currency.

  • By Andrew Torchia and Yeganeh Torbati. DUBAI, Oct 6- Tehran's Grand Bazaar reopened under close police supervision on Saturday, traders said, days it was shut by clashes between riot police and protesters blaming the government for the collapse of the Iranian currency.

  • *KIA tenders entire 23.5 pct stake- source* Qtel had bid $2.2 bln for remaining 47.5 pct stake* Announcement of tender details expected Sunday By Dinesh Nair and Matt Smith. DUBAI, Oct 6- Qatar Telecom is set to control more than 90 percent of Kuwait's Wataniya.

  • DUBAI, Oct 6- The ruler of Dubai has given approval for the expansion of the emirate's Business Bay Canal project at a cost of 1.5 billion dirhams over two years, the Roads and Transport Authority said on Saturday.

  • The New York Times reported on Thursday that Iran had proposed a plan to European officials that required the West to lift harsh oil and economic sanctions in return for the eventual suspension of uranium enrichment by Tehran.