Price Al Waleed owns 95 percent of Kingdom Holding. (Aleqt)
October 07, 2015 - 11:40 GMT
The Saudi Arabian billionaire first invested in Twitter in 2011.
One Palace Street is scheduled for completion in 2017 and has a development value of £600 million. (Pinterest)
October 07, 2015 - 10:53 GMT
One Palace Street is added to portfolio that includes New Scotland Yard, purchased last year.
The countries need to agree on a technical track standard train and signalling systems, border and customs controls and most of all, financing. (Shutterstock)
October 07, 2015 - 10:11 GMT
Still in the planning stages, the ambitious GCC raillway is unlikely to meet the official 2018 launch date.
Lebanon's Finance Ministry selected Fransabank, SGBL, Citigroup, and Standard Chartered Bank to manage the issuance of the new eurobonds. (AFP/Daniel Roland)
October 06, 2015 - 21:40 GMT
Lebanon has designated four Lebanese and international banks to co-manage the issuance of $1.3 billion in new eurobonds, sources said Monday.
A recent study found that most people in the UAE don't think they will be targeted by a cyber attack. (Al Bawaba/File)
October 06, 2015 - 21:06 GMT
An IT security company has expressed concern that most people in the UAE are underestimating the threat of cyber security attacks
The Haramain train will travel at a speed of 300 km per hour. (AFP/File)
October 06, 2015 - 20:37 GMT
The Haramain train, linking the holy cities of Makkah and Madinah as well as the business city of Jeddah, will transport more than three million passengers a year.
Prices are down due to increased regulations, inflation, and the strength of the UAE Dirham, according to a report. (Al Bawaba/File)
October 06, 2015 - 20:01 GMT
The apartment prices in Dubai, UAE have fallen 11 per cent in the past one year and will decline further because of tighter regulations, rising inflation and a strong UAE currency, said a report.
The apps seek to improve the productivity of a business and its employees. (Pixabay/File)
October 06, 2015 - 16:25 GMT
Google has offered small-sized Egyptian businesses and start-ups discounted prices for purchasing Google’s applications through “Google Apps for Work”. It dropped the cost of the business-application bundle from $50 per person per year to only $30.
At $397B, the size of GCC pension funds is relatively low. (Shutterstock)
October 06, 2015 - 12:00 GMT
A new report examines public pension funds for nationals and expatriates, and suggests that it's time for a rethink.
The grant will also boost facilities to control and move goods through the country. (AFP/File)
October 06, 2015 - 11:00 GMT
Kuwait's Arab Fund will finance the deal which is part of the Jordan 2025 vision for commercial development.
Egypt has previously imposed rice export bans according to fluctuating demand. (Shutterstock)
October 06, 2015 - 10:00 GMT
Ban was introduced last month when reports indicated consumption exceeded production.