Kuwait's prime minister has called the Gulf Arab state's welfare system unsustainable and said the major oil producer needs to cut spending and the consumption of its natural resources
Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end to large-scale retrenchments by global lenders as
Saudi Arabia’s construction sector is set to see a surge with SR487.5 billion ($129.9 billion) allocation by its government for housing and infrastructure development in the kingdom
The Arab nations imported $117.64 million worth of coffee from Brazil during the period of January to August this year, reflecting a 1.92 per cent revenue increase over the same period of 2012.
Dips in automotive sales, an aging vehicle population and a challenging economy have presented billion dirham opportunities for the automotive aftermarket industry, said an expert.
Kuwait's stock exchange plans to launch derivatives trading in the first half of 2014 using its new Nasdaq-backed trading system, a senior stock exchange official told Reuters.
The UAE has signed an aid agreement with Egypt on Saturday worth $4.9 billion, in another show of support from the wealthy Gulf state to Egypt's army-backed government.
Despite the current political situation, the Egyptian real estate market continues to attract interest from leading developers and investors from the UAE who are committed to projects in Cairo, said a report.
The property market in Dubai is witnessing strong rental growth mainly in emerging masterplan locations as corporate occupiers continued to seek out high quality
Nissan has posted a 32 per cent surge in sales of its sports car GT-R for the period January to August across the region as compared the same period in 2012
The cost of providing employee health benefits for companies in the Gulf is higher than for those located in the rest of the EMEA (Europe, Middle East and Africa)
