Saudi SABIC one of the world's top spenders in R & D
After growing almost 10 percent for the second consecutive year, total R&D investment among the world's top innovation spenders continues...
Business & Economy
UAE retains its status as the most prosperous country in Arab world
The UAE maintained its status as the most prosperous country in the Arab world and ranked amongst thirty overall 'Top...
Oman's economy to grow by 5% in 2012
The International Monetary Fund (IMF) has predicted that Oman's gross domestic product (GDP) growth will slow to five per cent...
Qatar's Amwal to launch $170 million fund for London property
Doha-based investment banking and asset management firm Amwal will launch a real estate investment fund in London, chief executive George...
Iraq; the next 'economic frontier'
According to a new research by one of the world's leading market research organizations, Iraq's GDP is set for rapid...
Qatar Holding gets nod for buying stake in Harrods Bank
The UK's regulatory body has given approval to Qatar Holding for buying a controlling stake in Harrods Bank, the private...
Unemployment dips by 22.8% in Qatar
Unemployment in Qatar declined by 22.8 percent over the past 10 years but the gender gap in terms of average...
Saudi Arabia increases soybean and corn imports from Brazil
BrazArtis, an import-export company based in Rio de Janeiro, Brazil, is set to expand its soybean and corn exports to...
Abu Dhabi-Dubai railway route confirmed
The UAE's rail network project has made headway as the route between Abu Dhabi and Dubai has been agreed upon,...
$2 billion Saudi-Polish company to open for business in 2013
A Saudi-Polish holding company will be launched in the first quarter of 2013 with an initial capital of $ 2...
The latest Middle East Business News & Events brought to you on a daily basis from multiple credible news portals around the world