Middle East Business News

UAE May See Public Listing Of Four Companies This Year

The companies mainly belong to aluminium, electricity, services and financials Read more

Egypt Commits 1,000 Sq Km In South Sinai To Saudi Mega-city

Part of $10b joint investment fund with Riyadh; Saudi to work with Egypt, Jordan to attract European cruises Read more

DGCX Plans To Introduce Sharia-compliant Gold Product

The first ever Sharia compliant spot gold contract to go live on March 29 Read more

Saudi Underperformance Pins Lacklustre Earnings Season And A New Zakat Regime

Fourth quarter earnings was a dry spell, with the aggregate net profit of the banks declined 7 per cent sequentially dri... Read more

UAE Flyers Offered Up To 25 Kilos Of Free Additional Baggage Allowance

In one of the offers, flyers need to pre-purchase 40 kilos of weight to get 25 kilos extra Read more

Saudi Data Points To Muted Growth In February

New orders grew at their slowest pace on record, while foreign demand contracted Read more

UAEs Non-oil Private Sector Growth Eases In February

PMI cools to lowest reading since September Read more

Saudi ACWA Power Picks JPMorgan, Citi, NCB Capital For IPO

An IPO is expected by the end of the year Read more

Oil Prices Climb Ahead Of Opec Meeting With US Shale Firms

Opec to meet with US shale firms in Houston Read more

Infrastructure Expansion To Continue With Increase In Space Leased

Gate Avenue at DIFC and The Exchange to open in 2018 Read more

DIFC Reports 25 Per Cent Increase In 2017 Net Profits To $99 Million

Number of registered companies surged 12 per cent last year Read more

UAEs Jewellers Hope For A Rethink On 5% Import Duty

Its removal could make local gold prices as competitive as in the past, retailers say Read more

Keeping Pace With The Connected Consumer

By the time new strategies are framed, the rules of engagement would have changed Read more

Emirates' Newly Refurbished Aircraft To Commence Service On March 9

Airline is spending $150 million to offer refreshed, wider seats to some of its avid flyers Read more

Instant Bank Loans Should Not Be A Pipe Dream

Asian financial institutions have already shown how digital can make it happen Read more