The United Arab Emirates economy's growth prospects are encouraging while banks operating in the country are well-equipped to deal with major stress scenarios
Kingdom Holding Company (KHC), the investment vehicle of Saudi billionaire Prince Alwaleed bin Talal, has announced a massive SR550 million ($147 million)
Leading luxury developer Damac Properties said it had seen encouraging growth during the first half as confidence returned to the Dubai market and investors
Smartphones will represent 19 per cent of annual retail store sales by 2016, amounting to $689 billion from the current 5.1 per cent translating into $159 billion in forecasted
Leaders in the Middle East are increasingly using Twitter as an effective tool to inform their people and engage with them, according to public relations consultancy
The Mena nuclear construction industry is valued at $300 billion with projects in the UAE, Saudi Arabia, Jordan and Egypt rapidly progressing, said the organisers
Saudi Arabia's real GDP is expected to grow by 6 per cent this year on the back of higher oil revenues and prudent economic management, the International
Saudi Arabia gave an early nod to four consortia on Monday, including ones led by Canada's Bombardier and French firm Vinci , to build a new metro system
GCC countries spend on average more money on interior contracting and fit-outs elements of a construction project than their counterparts in the US, Europe
Kuwait's GDP growth is likely to reach a healthy-looking 5.4 per cent in 2012, but growth in the non-oil sector, at 4 per cent, will remain below the regional average
Leading logistics provider, Globe Express Services (GES), has announced that it has completed a Dh35 million ($9.53 million) development project consisting of
Dubai International recorded the busiest first half in its history with 27.9 million passengers passing through its three terminals between January and June this year
