The MIT Enterprise Forum Arab Startup Competition has selected the first batch of semifinalist teams from across the Arab region who will gather in Cairo for an intensive three-day workshop.
Sheikh Mohammad bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai, launched a strategy to transform Dubai into a smart city on Wednesday.
The volume of deposits in the listed Saudi banks grew by 10 percent to nearly SR1.15 trillion by the end of 2013 compared to SR1.05 trillion in 2012, local media said.
MANAMA: Saudi Arabia is likely to see a big jump in the number and value of initial share sales in 2014, the head of Banque Saudi Fransi's investment banking unit said, as firms become keener to list
BRUSSELS: The eurozone’s economic recovery is strengthening, data suggested, although growth remains moderate with hard-pressed consumers keeping a tight check on spending.
A US company based in Riyadh plans to set up a manufacturing plant in the capital at an initial cost of $15 million.
United Investment and Sharjah Chamber of Commerce and Industry (SCCI) have signed an agreement to build a hotel named Expo Hotel Sharjah at a cost of more than AED100 million with the aim of serving t
In view of a partnership for investments in Morocco, the Islamic Corporation for the Development of the Private Sector (ICD) and Al-Ajial Funds (Al-Ajial) have signed a memorandum of understanding (Mo
LONDON: The Bank of England (BoE) has suspended a worker after a review of its processes triggered by a probe into the suspected rigging of foreign exchange trading, it said Wednesday.
NEW YORK: Exxon Mobil Corp, the world’s largest publicly traded oil company, expects oil and natural gas production to be flat this year as overall spending falls 6 percent to about $39.8 billion.
BERLIN: Qatar Airways will take delivery of its first three Airbus A380 aircraft in June and inaugurate its superjumbo services with a daily flight to London, Chief Executive Akbar Al-Baker said.
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