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BMW posts record nine-month MidEast sales

BMW Middle East said on Monday it had achieved record sales for the first nine months of the year with a total of 15,805 vehicles sold across the Middle East.

Qtel eyes controlling stake in Maroc Telecom

Qatar Telecom (Qtel) has confirmed that it could be interested in acquiring a controlling stake in Morocco’s largest telecom operator.

Invest AD launches MEA bond fund

Abu Dhabi-based asset manager Invest AD has launched a new fixed income fund to tap growing investor interest in the relative value offered by Middle East 

Bahrain ‘top in investment, urban development’

Bahrain is now a world leader in investment and urban development expertise ranking first in the Arab world and seventh globally in the area of easing the issuance

Qataris, Bahrainis ‘biggest spenders on luxury goods’

Qataris are the biggest buyers of luxury goods in the Middle East region, closely followed by consumers in Bahrain, according to the American Express Middle 

Prince Alwaleed’s fortune soars 32%

 Saudi billionaire Prince Alwaleed bin Talal saw his fortune soar 32 percent to US$22.9bn in the last year.

UAE to issue multiple visit visas

Foreign businessmen and professionals, who are dealing with a public or private institution or a company in the UAE, can now get multiple visit visas, a report said.

Kuwait inflation cools, but food prices a worry

With food price inflation slowing in Kuwait, a major source of upward pressure has abated. However, the recent pick-up in global food prices suggests that inflationary

Sabic eyes US investments on back of shale gas boom

Saudi Basic Industries Corp (Sabic) is considering investments in the US to capitalise on the shale gas boom there, its chief executive officer told Reuters on Monday.

Majority of Mena staff ‘loyal to company’

While 90 per cent of employees in the Mena region claim to be loyal to their company, 58 per cent are satisfied with their current employment with 27 per cent of these

Tendeka unveils Mena expansion plans

Tendeka, a reservoir monitoring solutions provider to the upstream oil and gas industry, has announced plans to build on its current success with increased activity

Dubai economy growing; city is lively

Dubai's economy has been improving over the last two years and there is growth  in every business sector, said Sheikh Ahmed bin Saeed al-Maktoum, the head
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