KARACHI: Pakistani stocks ended higher on Monday, after the central bank cut key discount rate by 100 bps over the weekend, a larger-than-expected move aimed at spurring economic growth against a back
JEDDAH: Saudi Indian Business Network (SIBN), working under the patronage of the Consul General of India, led a delegation of 30 businessmen to the recently concluded Global Exhibition on Services in
ABU DHABI: The UAE has laid out a strategic framework for a newly created space agency that aims to integrate various arms of the federation’s burgeoning space industry.
JEDDAH: A real estate investment specialist has confirmed that the fundamentals of the local economy “indicate renewed high levels of confidence among a wide spectrum of capital investors, despite int
DUBAI: A consortium including Qatar Electricity and Water Co.
DEAD SEA, Jordan: Burgan Bank, Kuwait’s third-largest lender by assets, will consider expanding in the UAE, Saudi Arabia and Egypt as it raises the share of international operations in its business, i
JEDDAH: Cayan Group has signed an investment-fund deal with Saudi Arabia-based MEFIC Capital for the construction of a commercial property in Riyadh, the Gulf-based real-estate developer said in a sta
DEAD SEA, Jordan: King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia’s Red Sea coast near Jeddah, expects its inflow of new corporate tenants to speed up this year as the econ
RIYADH: Profits of the listed retail companies grew by 6.04 percent to SR789.4 million in the first quarter of the current year (2015) compared to SR744.4 million in the same period last year, accordi
JEDDAH: National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industrie
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