Lebanese banks develop anti-virus system
Lebanese banks have upgraded their software security systems to block any virus designed to spy on transactions and operations, the...
Finance
Saudi corporate earnings to grow 9% in 2012
GCC corporate earnings would post a muted earnings growth of 8 percent this year 2012 based on the overall net...
EBRD investment in Jordan stands at $390 million
A senior official at the European Bank for Reconstruction and Development (EBRD) said that the bank will start the execution...
Saudi Arabia poised to become an active investor in international real estate markets
Sovereign wealth funds (SWFs) in the Middle East are set to continue investing in real estate around the world despite...
Qatar’s $4bn sukuk issue oversubscribed more than six times
The successful launch of the world’s largest-ever, dollar-denominated Islamic bond is a notable milestone in the rise of Qatar’s...
Qatar First Investment Bank ups stake in Al Rifai snack manufacturer to 35% from 15%
Qatar First Investment Bank which had previously bought 15% of light snack manufacturer Al Rifai in December 2011, announced that...
Qatar wants to be Royal Dutch Shell's top shareholder
Qatar wants to become the biggest shareholder in Royal Dutch Shell RDSa.L by raising its stake to 7 percent to...
Saudi equity market cap rises to SR 1.42 trillion
The Saudi stock market showed solid performance in August, half of which was marked by the fasting month of Ramadan...
Qatar to invest $18 billion in Egypt’s economy
Qatar said it would invest $18 billion dollars in tourism and industry projects along Egypt's Mediterranean coast over the next...
Qatar luring investors to its multi-billion construction market
Qatar’s construction sector prospects seem increasingly bright following its successful bid to stage the FIFA 2022 World cup. The country...
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