November 26, 2013
Private investors from the Gulf, including a royal family from UAE, told reporters Tuesday that plans are underway to establish the first full Islamic bank in the European Union.
Dubai-headquartered Topaz Energy and Marine has won 2 contracts with BP to begin operations in Azerbaijan's largest oil and gas fields.
Saudi Arabia is planning to build the world's largest solar-powered seawater desalination plant in Ras Al Khaimah
Saudi Arabia announced Tuesday that it will build a massive, 43 million square port on its west coast to "lure investment" and "ease pressure on Jeddah."
In 2013 thus far, 10.8 million visitors have arrived in Bahrain, but confusing passport and visa procedures may discourage additional visitors in the future.
Is Islamic fashion the new retail hub? Consumer spending in this clothing sector is projected to reach $322 billion by 2018.
Research in Qatar will focus immediately on three priority challenges of energy, water and cyber security, HH Sheikha Moza bint Nasser, chairperson of Qatar Foundation, announced yesterday.
November 25, 2013
Samsung Electronics Co has unveiled the Galaxy Note 10.1, 2014 edition, an original approach to balancing productivity, powerful content creation and consumption.
Iran’s pledge to limit nuclear work in return for looser economic sanctions will have a “muted” impact on crude prices as the nation’s oil sales remain capped, said analysts including Societe Generale’s Mark Keenan.
Emaar Properties in Dubai and Aldar Properties in Abu Dhabi witness sell offs
Interior Minister Hussein Majali instructed on Sunday all concerned government agencies to ease residency and visa procedures for investors and businesspeople.
The Dubai rumor mill is fairly confident that the city has won it. But the reality is far different. Nobody has a clue until the votes in the secret ballot are counted.
The government’s correction campaign has pushed land prices down by 30 percent and closed more than 80 percent of unlicensed real estate offices, local media said quoting property experts.
A financial analyst who spoke on condition of anonymity told The Daily Star that though long-term investors in Solidere were increasingly uneasy about the performance of shares, they would not be willing to sell at a heavy loss.
November 24, 2013
The country’s fuel storage capacity is projected to hit 15 billion liters by the end of the Fifth Five-Year Economic Development Plan (2015).