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Egypt to lift natural gas prices for homes, businesses

Egypt plans to double the price of natural gas piped into some homes and businesses from next month, but the move will trim its huge fuel subsidy bill only slightly because few

Kingdom Holding Q1 net profit up 15pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, reported a 14.8 percent increase in first-quarter

Saudi targets the sun for 30pc of energy needs

Riyadh, 1 days agoSaudi Arabia plans to invest $109 billion to produce 41 gigawatts (GW) of solar energy by 2032, which is almost 30 per cent of its total

Global sukuk market ‘lacks integration’

The sukuk market operates as a collection of local markets because of lack of integration and the Malaysian market remains the strongest by far, according

Jaguar Land Rover logs 36pc growth in Mena

Jaguar Land Rover, a leading manufacturer of premium luxury vehicles, has posted a 36 per cent year-on-year (YOY) sales increase in the Mena region fo

Saudi Arabia imports 80pc of food needs

Saudi Arabia is importing 80 per cent of its food products while the remaining 20 per

Emiratis, Indians top real estate investments in Dubai

Emiratis ranked highest among all investors in Dubai during the first quarter of 2014, in terms of the value of investments, with Indians being the largest

Qatar GDP may hit $230bn this year

Qatar's gross domestic product (GDP) is expected to touch $230 billion in the current fiscal as the country is expected to achieve

Qatar cuts number of World Cup stadiums to 8

Qatar has reduced the number of stadiums it plans to build for the 2022 soccer World Cup by a third, according to a Bloomberg report.

Accor, Nakheel launch ibis Styles brand in region

Accor Middle East, one of the leading hospitality groups in the region, recently signed a management agreement with Dubai-based master developer

APM Terminals Bahrain to go public by year-end

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port (KBSP), will become a public company by the end of the year, a report said.

Luxury watchmakers woo women to boost sales

A recent advert from luxury watchmaker Omega shows a large, technologically-advanced timepiece. So far, so typical. But this one is studded with diamonds and worn by actress Nicole Kidman. Called the Ladymatic
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