HomeWorld

News World

$6.8bn solar projects coming up in ME

The Middle East is forging ahead with its plan to boost solar power within their regional energy mix with ten major solar projects worth a combined $6.8 billion

Dubai residential market posts solid growth

The quality residential developments in Dubai ended 2012 with a strong Q4 performance to put the average annual increases at their highest since 2008, said 

Dutch food retailer plans big ME launch

Dutch food retailer Spar International with over 12,000 stores worldwide plans to enter the Middle East, aiming to have 30 stores in the region by the end of 2015,

Qatar’s Masraf Al Rayan eyes Libya bank

Masraf Al Rayan, Qatar's largest Islamic lender by market value, is seeking shareholder approval to buy a strategic stake in a Libyan commercial bank through 

Abu Dhabi logs record 13pc rise in hotel guests

Abu Dhabi last year received 2.38 million hotel guests in its 136 hotels and hotel apartments, marking a 13 per cent on its 2011 performance and making 2012 

Toyota ME sales surge record 31pc in 2012

Japanese automaker Toyota has reported record sales 660,285 units in 2012 across the Middle East, resulting in an increase of 31 per cent as compared to the previous year.

Top 50 banks in the GCC

 The Gulf’s 50 biggest banks have a combined market capitalisation of more than US$249bn, an investigation by Arabian Business found.

Saudia carries 13.3% more passengers with 58 new planes

Saudi Arabian Airlines, the national carrier of the world's largest oil producer, carried 13.3 percent more passengers last year as the airline's fleet increased.

Alwaleed to receive biggest private jet in 2013

Saudi billionaire Prince Alwaleed bin Talal will take delivery of the world’s first customised A380 superjumbo next year, a move which is likely to spur interest among

No need to reduce oil output after Saudi cut – UAE

The United Arab Emirates sees no need to cut oil production, the UAE's oil minister said on Wednesday, after Gulf OPEC ally Saudi Arabia slashed output in late 2012.

Qatar banks over exposed to real estate – report

 Banks in Qatar are over exposed to the Gulf state's real estate sector, according to investment bank SICO’s GCC Banking Sector Outlook for 2013.

End energy deficit to heal Arab Spring – Queen Rania

 Queen Rania Al Abdullah of Jordan speaks during the opening ceremony of the World Future Energy Summit (WFES) in Abu Dhabi on January 15, 2013. (AFP/Getty Images)
- Advertisement -

MOST POPULAR

HOT NEWS