Gulf telcos Ooredoo, Wataniya post Q2 profit drops, Nawras soars
Qatar's Ooredoo reported a 11% drop in second-quarter profit as the telecom operator was impacted by the political situation in Iraq and start-up costs for its business in Myanmar.
Dubai's Marka to list shares in mid-September
Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market in the second week of September.
Iraq postpones vote for president, delaying power-sharing deal
Iraq's parliament postponed a vote to elect the country's president by a day, delaying the formation of a power-sharing government urgently needed to confront a Sunni Muslim insurgency.