Saudi SAMA to allow foreign financing companies
Foreign financing companies would be allowed to operate in the Kingdom in order to boost the real estate financing sector,...
Business & Economy
Brazilian Trade Mission to Middle East results in $47.2 million worth of export deals
The Brazilian Trade Mission to the Middle East, which was organized by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil)...
Lebanon’s travel and tourism industry to generate a total of $11.1 billion in 2013
The World Travel & Tourism Council (WTTC) estimated that the travel & tourism (T&T) industry’s direct contribution to the Lebanese...
Saudi industrial city of Yanbu to receive $21.3 billion worth of new investments
The Industrial City of Yanbu is expected to receive new investments worth more than SR 80 billion ($21.3 billion) in...
QDB and Shell sign agreement to promote Qatari SMEs
Qatar Shell has partnered with Qatar Development Bank to open the doors for local Small to Medium Enterprises (SMEs) to...
SMEs in the UAE receive $275 million funding
International banking heavyweight HSBC announced in a media statement that it has fully allocated its Dh1 billion ($275 million) UAE...
Qatar seeks to spread the wealth with IPO bonanza
Qatar's planned IPO bonanza may be socially driven but it looks a bit ambitious from a financial standpoint. The Gulf...
Saudi Ma'aden signs $266.6 million gold mining deal
Saudi Arabian Mining Company Ma'aden announced that its affiliate Ma'aden Gold and Base Metals Company (MGBM) has signed a contract...
Is the sun setting on gold?
After climbing 500% in a decade, perhaps it is time for gold investors to accept that the yellow metal is...
Saudi oil can fulfill energy needs for 80 more years
Saudi Arabia has adequate oil reserves to meet its energy requirements for 80 years, Asharq Al-Awsat daily reported, quoting a...
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