Work on the Kingdom Tower in Jeddah is now above the ground and construction is moving at an accelerated pace, a top official announced on Wednesday.“The tower will be ahead of any other high-rise...
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Top speakers set for refining, petchem forum in Bahrain

High-level government officials and industry leaders have confirmed their participation in the 9th Middle East Refining and Petrochemicals Conference & Exhibition (Middle East Petrotech 2014) bein

Insurance sector index surges 2.27%

The benchmark Tadawul All-Share Index (TASI) closed Tuesday’s trading session down by 11.18 points or 0.12 percent to 9,606.58, after being low as much as 55 points during the day.

US newspapers suffer revenue declines

WASHINGTON: US newspapers suffered further revenue declines in 2013, seeing only mixed success in a transition to digital, according to industry figures.

Qatar stocks end at all-time high, Dubai market scales 5,000 mark

DUBAI: Qatar’s bourse hit an all-time closing high as shares in several companies jumped ahead of first-quarter earnings reports, while Dubai’s bourse broke through resistance to close above 5,000

Oman expects 5% growth with steady oil prices

AMMAN: Oman’s economy should grow 4 to 5 percent this year, underpinned by stable oil prices and the billions of dollars spent on major projects in the past two years, the head of the Gulf country

Alhokair Q4 net profit rises 40%

DUBAI: Fawaz Abdulaziz Alhokair Co., the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in the Kingdom, reported on Monday a 40 percent year-on-year leap in net prof

Consortium in $500m deal for National Petroleum Services

DUBAI: A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corp.

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