COLOMBO: Sri Lanka raised defense spending to record levels for a second straight year despite pressure to scale down its military after ending decades of ethnic war, official figures showed.
In the last few years, tourism by Saudis in the UAE has grown in strength, and with it relations between the two countries, since Saudi tourists have proven to be a main player in boosting the UAE eco
A group of financial experts have called for better use of the accumulated cash assets of local Saudi banks, the media said.
In its latest update report, NCB Capital believes that the Saudi retail sector outlook remains positive, led by strong earnings growth from store expansions, strong organic growth, margin stability an
Thousands of eager shoppers queued outside the Dubai World Trade Centre Saturday morning, awaiting the official opening of GITEX Shopper 2014, conducted by Helal Saeed Almarri, director general, Dubai
The new administration of Indonesian President Joko Widodo (better known as Jokowi) that will be inaugurated on Oct. 20, will face a number of major economic challenges.
The recent country report from the International Monetary Fund (IMF) was upbeat about the Kingdom’s economy pointing out that the main risk facing this economy is the fluctuation of the global oil mar
The Royal Commission for Jubail and Yanbu (RCJY) has signed five contracts that aim to establish residential projects, academic buildings, facilities for the city center, and operating and maintaining
The GCC’s rising per capita seafood consumption will come under the microscope at this year’s SEAFEX 2014, as a host of regional and international aquaculture companies showcase technologies — such as
The London-based Middle East Association (MEA) will be promoting and hosting a trade conference on Thursday (Oct.
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