DUBAI: UAE banks have been banned from doing business with some extremist groups including the Muslim Brotherhood, their representative said, as the country’s central bank won powers to freeze suspect
JEDDAH: Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corp. (SABIC), has signed two Islamic financing deals totaling SR2.63 billion, it said in a statement.
The ‘Mobily CIO Summit’ was launched in Istanbul, Turkey, with the presence of a group of senior CIOs and information technology offices in Saudi Arabia’s public and private sectors.
Twenty-seven major investment projects in the industrial city of Yanbu were unveiled during an investment forum opened by Municipal and Rural Affairs Minister Prince Mansour bin Miteb on Wednesday.
DOHA: Volatile oil prices will not force the Qatar Investment Authority (QIA) to change its investment strategy, the sovereign wealth fund’s chief executive said on Thursday.
Saudi Hotels and Resorts Company, a public company listed in the Saudi stock market since 1976, has announced the launch of its new identity.
DUBAI: Most stock markets in the Middle East edged up as oil prices paused in their decline ahead of next week’s OPEC summit and stocks that usually see little trading took center stage on several bou
LONDON: Surveys sounded warning bells for the global economy as euro zone businesses grew less quickly than any forecaster expected and China’s factories lost momentum.
BRUSSELS: Britain’s relations with the European Union took another knock when its legal challenge to a limit on bankers’ bonuses was rejected by an adviser to the bloc’s top court.
LONDON: British retail sales jumped in October, suggesting that shoppers will take the edge off an end-of-year economic slowdown as Europe’s weak growth takes its toll on Britain’s factories.
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