Dubai Mall eyes 100 million visitors with huge expansion
The massive expansion of The Dubai Mall , described as the world's largest shopping and entertainment destination, has commenced its...
Business & Economy
Profits of Lebanese top 13 banks up 16% in Q1 2013
The unaudited consolidated net profits of the Alpha Group of banks reached $431.3m in the first quarter of 2013, constituting...
17 Lebanese companies among top 100 firms making an impact in the Arab world
Forbes magazine's list of the top 100 companies that are making an impact in the Arab world included 17 Lebanese...
Saudi shipping industry outlook positive
The Jeddah Islamic Port is set to hold the top position in Saudi Arabia's maritime sector in terms of both...
GCC advertising revenues grow 5% to reach $4.8 billion
With the onset of financial and economic crisis in the later part of 2008, the media and advertising industry faced...
Qatar has the highest density of millionaires in the world
Qatar has the world's highest density of millionaires, with 143 out of every 1,000 households holding private wealth of at...
Mobile subscriptions in the Middle East grow 9% to 284 million
Mobile subscriptions in the Middle East grew nine per cent year-on-year — or eight million — to 284 million in...
LuLu Group plans to open one outlet every year in Qatar
LuLu Group is planning to open one outlet every year in Qatar from 2014, said Mohamed Althaf, Regional Director of...
Oman: IT earmarked for steady expansion
The IT sector in Oman looks set to continue expanding on the back of a sharp rise in broadband and...
Rapid growth in internet banking usage expected in UAE
While use of internet banking is relatively low in the region, HSBC sees a rising trend in adoption of technology...
The latest Middle East Business News & Events brought to you on a daily basis from multiple credible news portals around the world