Middle East Business News

Saudi Arabia Prepares To Auction Detained Billionaires Real Estate, Cars — Sources

Saad Group defaulted on debts in 2009 Read more

Occupancy Up, Daily Rate And Room Revenue Down Across Regions Hotels

The new data from STR shows Saudi Arabia’s daily rate fell sharply Read more

Saudi Faces Rise In Inflation On VAT And Fiscal Reforms

Price increase to moderate in next 12 months Read more

Depa Cancels GDR Listing On LSE

Depa says volume of GDRs traded on the LSE is negligible and does justify related expenses of the listing Read more

UAE Ranked Topmost In Fiber Internet

The country has invested Dh31 billion in fiber infrastructure Read more

Apollos Dubai Partnership For Middle East Deals Is Said To End

US-based Apollo is ending its venture with Frontier Management Group, which looked to source regional deals for the US f... Read more

Gulf Air Announces Strategic Growth Plans

Eight destinations to be added in 2018 as part of network expansion Read more

Dubai Airports To Close Runway For Upgrades In 2019

Refurbishment project scheduled from April to May to boost safety, capacity Read more

GCCs Economic Growth In 2018 Expected The Fastest Since 2015

Middle East economies set for a turnaround this year: Oxford Economics Read more

Asters India Listing Off To Tepid Start

Shares fell to Rs176.30 before inching upwards to close at Rs181.55, 4.45% lower than listing price of Rs190 Read more

Mideast Bank Stocks Tipped To Gain

Egyptian banks stand to benefit from credit expansion as an easing cycle in monetary policy gets underway Read more

BSE To Waive Transaction Charges On Equity Segment Trade In Sensex 30 Stocks

Currently, the transaction charges to trade in Sensex 30 stocks apply on volume-wise slab basis Read more

LG Aims To Create Smarter Smartphones With AI Capabilities

Smartphone will become the hub to home appliances with voice command and remote control, official says Read more

Sony Hits A New Curve With Two Launches

Focus on camera, audio technology and new design with the XZ2 and XZ2 Compact Read more

With S9, Samsung Follows Apple In Raising The Price Bar

South Korean company launched S9 and S9+ on Sunday with three different storage capacities – 64GB, 128GB and 256GB. th... Read more