Economy

NEW YORK: Europe’s top trade official for the first time officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp.

There is a huge influx of investments in business enterprises and industrial projects in the King Abdullah Economic City (KAEC), says a top official.

Tejar Dubai's first event to support small and medium enterprises (SMEs) was held on Thursday, with the participation of local talents who exhibited their skills in

The banking system in Qatar has been robust, with a compounded annual growth rate (CAGR) of 20 percent in assets from March 2008 - March 2012 and another 20 percent in t

It turned out to be largely positive for investors yesterday, as Saudi Arabia’s benchmark stock index (TASI) recorded a handsome gain of 1.14 percent, which is the

The Central Department for Statistic and Information (CDSI) released Consumer Price Index (CPI) inflation data for April, showing prices slightly rising to 4 percent yea

Haji Husein Alireza & Co. Ltd. is all set to launch Geely’s SUV Emgrand X7 model into the Saudi market on June 11.

WASHINGTON: US Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

KAMPALA: Even before the first drops flow, Uganda’s oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the al

TOKYO: Japan will provide $2 billion worth of financial support over five years to back Japanese firms’ resources development projects in Africa, media reported.