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' Dh2.5 billion ($689 million) initial public offer was many times oversubscribed, the entertainment and leisure company, which is
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 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 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
The UAE gems and jewellery market is set to register an annual average growth of more than seven per cent from this year to 2019, according to a recent report.
While the GCC construction industry remains positive about 2015 with 77 per cent of respondents to a survey stating they were optimistic, their confidence
The construction and building firms listed in Saudi Arabia saw their net profits plunge by 39 per cent to reach SR528 million ($140.6 million) in the first nine months compared to SR871 million ($232 million) in the same period
The first of four reactors being built at the United Arab Emirates' Barakah nuclear power plant is 61 per cent complete and on track to start up in 2017, Emirates
The UAE aims to become one of the most innovative countries in the world in the next seven years under a national strategy launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and
QInvest, a leading investment bank in Qatar, said it had closed real estate transactions worth $1.8 billion in 2014 amid a renewed investor interest in the GCC property market.
Egypt signed contracts with six international firms on Saturday to carry out dredging of the new Suez Canal, the flagship project in President Abdel Fattah al-Sisi's programme to revive an economy battered by years of political
