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The Jeddah Tower is projected to be over 1,000 meters (3,281 feet) tall, eclipsing Dubai’s Burj Khalifa, which is over 828 meters. (Photo courtesy of the developer)
January 18, 2018 - 14:01 GMT
The Jeddah Tower is projected to be over 1,000 meters (3,281 feet) tall, eclipsing Dubai’s Burj Khalifa, which is over 828 meters.
Bitcoin has all the hallmarks of a speculative bubble but the global economy will be fine even if it bursts, analysts say. (Shutterstock)
January 18, 2018 - 13:00 GMT
Bitcoin has all the hallmarks of a speculative bubble but the global economy will be fine even if it bursts, analysts say.
The main driver behind the restoration of Egypt’s economic competitiveness was the decision to float the pound in November 2016, the report states. (Shutterstock)
January 18, 2018 - 11:42 GMT
Egypt is expected to record the highest growth in the Levant and North Africa region by 2019, according to a report published by Moody’s Investors Service.
Saudi Arabia issued a directive on Wednesday to transfer $2 billion to Yemen’s central bank to
January 18, 2018 - 10:57 GMT
King Salman issued a directive on Wednesday to transfer $2 billion to Yemen’s central bank to "alleviate the suffering" of the Yemeni people.
Careem is reportedly in early talks about a potential IPO in early 2019. (File photo)
January 18, 2018 - 10:16 GMT
The listing could value the firm at $1.5 billion and is likely to take place by early 2019 if the talks proceed.
Food security in Kuwait is not limited to adequate supply, but also includes salubrity, food freshness and unlimited access to food. (AFP)
January 18, 2018 - 09:39 GMT
Kuwait ranks first in the Arab region in a global ranking of how well countries can feed their own people, a group of food security specialists revealed.
More people have visited Qatar in the past few months as a result of Qatar’s new visa-free entry to nationals from 80 countries, according to Qatar Tourism Authority (QTA). (Shutterstock)
January 17, 2018 - 11:49 GMT
More people have visited Qatar in the past few months as a result of Qatar’s new visa-free entry to nationals from 80 countries.
Jason Tuvey, Middle East analyst at Capital Economics, said that recent price hikes for fuel and power, and VAT, would affect expats more than Saudi citizens. Here's why. (AFP/ File)
January 17, 2018 - 10:13 GMT
Jason Tuvey, Middle East analyst at Capital Economics, said that recent price hikes for fuel and power, and VAT, would affect expats more than Saudi citizens. Here's why.
Hussein Sajwani said he would be “more than happy” to sell equity in order to boost the trading in Damac shares. (Courtesy of Damac)
January 17, 2018 - 09:55 GMT
Hussein Sajwani said he would be “more than happy” to sell equity in order to boost the trading in Damac shares.
January 16, 2018 - 10:30 GMT
Oman will host the 7th meeting of the joint ministerial monitoring committee, in collaboration with OPEC, at Grand Hyatt Muscat on January 21.
Private companies will take over the inspection activities in a move to ensure better services especially in matters of public health, sources said. (AFP)
January 16, 2018 - 09:30 GMT
The Saudi authorities are giving final touches to a plan to privatize the inspection wings of the ministry of labor, Al-Madina newspaper reported citing sources.
The Qatar-Turkey Economic Forum, slated on Tuesday in Doha, aims to enhance economic cooperation between Qatar and Turkey in various fields. (AFP)
January 16, 2018 - 08:42 GMT
The forum aims to enhance economic cooperation between Qatar and Turkey in various fields, Qatar Chamber announced.
Restaurant and café owners in Dubai are calling for lower rents and the ability to hire students and part-timers to curb their operating costs. (Shutterstock)
January 15, 2018 - 19:00 GMT
Dubai’s F&B business owners are getting that sour taste — and it’s not just the steep rents they fork out that’s causing it.
Qatar's Ministry of Economy has asked users to immediately stop using the Victoria's Secret product and return it for a full refund. (Courtesy of Cover Kingdom)
January 15, 2018 - 18:00 GMT
Qatar's Ministry of Economy has asked users to immediately stop using the Victoria's Secret product and return it for a full refund.
Here are the top five things you need to know in global markets today Monday, January 15. (Shutterstock)
January 15, 2018 - 13:30 GMT
Here are the top five things you need to know in global markets today Monday, January 15.
Saudi Arabia and Japan signed six MoUs on the sidelines of the Saudi-Japanese Business Forum that kicked off in Riyadh this week. (Courtesy of SPA)
January 15, 2018 - 12:32 GMT
Saudi Arabia and Japan signed six MoUs on the sidelines of the Saudi-Japanese Business Forum that kicked off in Riyadh this week.