HomeWorld

News World

SCTA receives approval for new tourism regulations

Saudi Arabia’s new tourism regulations, proposed by the Saudi Commission for Tourism and Antiquities (SCTA), have been approved by the Cabinet.

Wire and cable market up by 15pc in Gulf

The Gulf market for wire and cable witnessed a growth of 15 per cent in the past two years. This is in sharp contrast to a falling demand in the developed 

Middle East boosts investment in top level sports

Across Europe, $1.5 billion has been spent by Middle-Eastern investors and groups on team ownership, while in the last two years alone, Asian businessmen

Insurance jobs take a back seat in UAE

Business students in the UAE are more inclined to look for a career in transport and logistics, fast moving consumer goods or software and computer services

Mena M&A market surges ahead in 2014

The value of mergers and acquisitions (M&As) in the Mena region reached $50 billion and $41 billion respectively during 2013 and 2014, ahead of

Egypt to finalize Gazprom LNG deal this month

Egypt will complete an agreement with Russia's Gazprom for the company to supply it with liquefied natural gas (LNG) shipments later this month,

GCC to invest over $200bn in rail projects

The GCC governments will be investing more than $200 billion in railway projects in the region which will see the laying of 40,000 km of railway lines, said Dr Ahmed Bin Mohammed Bin Salim Al Futaisi, the Minister

Saudis spent $21bn on housing leases in 2014

Saudi Arabian families had spent around SR81 billion ($21.5 billion) on housing leases, about 12.5 per cent of a family’s monthly income, last year, said a report.

Dubai Parks and Resorts IPO gets solid response

Dubai Parks and Resorts' Dh2.5 billion ($689 million) initial public offer was many times oversubscribed, the entertainment and leisure company, which is

ME operators cut down plans for new aircraft

While 9,450 new business deliveries valued at $280 billion are forecast between 2014 and 2024 around the world, a combination of macro political, social and economic influences has, in the short term at least, pushed out

Muslims in America: a $98bn disposable income sector

Muslims in America are a growing market segment with $98 billion in disposable income in 2013, a report said, adding they are also a key link to America's opportunity in the fast growing $2 trillion global Islamic lifestyle

Oil falls more than $1 as rout extends

Oil prices fell by more than a dollar on Monday to near their lowest levels since 2009 after Morgan Stanley cut its price forecast for Brent, saying oversupply
- Advertisement -

MOST POPULAR

HOT NEWS