October 05, 2015 - 19:13 GMT
2016 will be a crossroads for Islamic finance, according to Standard & Poor’s Ratings Services (S&P). Falling oil prices and low interest rates internationally present a challenge, while the standardization of Islamic finance products
October 05, 2015 - 17:55 GMT
A coalition of trade and teachers' unions Monday declared a general strike for Oct. 20, 26 and Nov. 4 to bring attention back to their four-year-long struggle for wage hikes.
October 05, 2015 - 17:05 GMT
Saudi Arabia plans to combat cyber crime by stiffening punishments for offenders. The proposed amendments include imprisonment for a maximum period of 10 years and fines with a ceiling of SR10 million (USD2.67 million).
October 05, 2015 - 16:53 GMT
While the Middle East still has one of the lowest break-even prices for crude oil, falling oil prices will put pressure on fiscal budgets and could result in a knock-on effect as governments reduce spending on certain projects.
October 05, 2015 - 11:26 GMT
Rotana grabs a bigger share of Saudi Arabia's hotel market, the largest in the Arab world.
October 05, 2015 - 10:37 GMT
'Karpowership' contracted by state-run EDL denies registering over 50 Turkish professionals under fraudulent job titles.
October 05, 2015 - 10:07 GMT
The event will be examining the seven core pillars within the Islamic economy, including halal tourism and Islamic finance.
October 05, 2015 - 09:24 GMT
Bridges contract is for the 25 million sq foot project which will include Motiongate, Bollywood Parks, and Legoland Park and Legoland Water Park.
October 05, 2015 - 09:10 GMT
Ethiopia's latest meeting with Sudan and Egypt to resolve building of Africa's largest hydroelectric power plant has been postponed again.
October 04, 2015 - 20:28 GMT
Egypt's Consumer Protection Authority (CPA) banned an Etisalat ad for featuring domestic violence.