Egypt's electricity prices began to rise this month under a plan to eliminate power subsidies within five years, the electricity minister said, as the government seeks to cut a gaping deficit and reduce its reliance on Gulf states'
Saudi Arabia has invited bids for the $16.5 billion Makkah Metro project, which involves construction of 88 train stations, including 22 underground depots,
Qatar’s economy accelerated in the first quarter, driven by strong growth in construction, financial services and trade, restaurants and hotels, said a report.
The newly unveiled Mall of the World in Dubai will include 100 hotels and some 20,000 rooms, as well as seven kilometres of climate controlled promenades, something that is offered nowhere else in the world, said an industry
Jebel Ali Port, the flagship port of global marine terminal operator DP World, has been voted the “Best Seaport - Middle East” for the 20th year in a row at
The education sector in the GCC is expected to witness investments worth $150 billion over the next couple of years due to growing population, said a recent study by Alpen Capital, a leading investment bank with
Billionaire Naguib Sawiris' second bid for a stake in Egypt's biggest investment bank EFG Hermes hung in the balance as shareholders agreed to sell just under half of the shares sought.
Dubai leads the office space market in the Middle East and is ranked 23rd globally, a report said, adding that the emirate continues to be the destination of choice
China's top banks accounted for almost one-third of a record $920 billion of profits made by the world's top 1,000 banks last year, showing their rise in power
Middle East funds have become more cautious about investing in equities after sharp pull-backs in some markets underlined how high valuations had left them
