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.
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.
October 06, 2015 - 10:00 GMT
Ban was introduced last month when reports indicated consumption exceeded production.
October 06, 2015 - 09:13 GMT
Banks are struggling to keep up with the digital revolution, with customers expecting a seamless delivery of services across various online channels.
October 05, 2015 - 22:48 GMT
A developer confirmed Monday that a tennis stadium will be built at the 360 Mall in Kuwait. The project will begin next month and should be completed in 2019.
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.