Japan Pledges $60 Bln To IMF
Japan vowed it will provide $60 billion in loans to the International Monetary Fund, the first non-European nation…
Du Launches “VSAT” Service Platform
Enhancing its Satellite data business offerings, Du has launched a new Very Small Aperture Terminal (VSAT) services…
Kuwait’s Boubyan Bank Posts KD 2.48 Mln Net Profit For Q1 2012
Kuwaiti lender Boubyan Bank announced that its net profit reached KD 2.48 million, a growth of 17% for the first…
Dubai Bourse Ends Flat; Tuesday
The Dubai Financial Market (DFM) General Index ended roller coaster Tuesday flat at 1,649.14 points. While market…
Real Estate Market in KSA Needs SR500bln in Five Years
Saudi real estate market needs more than SR500 billion in the next five years to finance housing projects, a real…
Criminal Court adjourn “Al Maghraby & Garana” Case till 29 April
Giza Criminal Court, headed by Judge Hosam Mohamed Dabous, adjourned the case of Ahmed Maghraby- the former…
ADX Closed Higher 0.23% Backed By Etisalat Gains
The Abu Dhabi Securities Exchange (ADX) General Index closed 0.23% higher at 2,505.43 Tuesday. Market bellwether…
Emirates Airline Studies New Foreign Buys
Dubai's Emirates airline is studying new opportunities to buy foreign carriers if they fit the emirate's strategy,…
Saudi Market Violations Drop 16.7% in 2011: CMA
Saudi Arabia's Capital Markets Authority (CMA) has said the number of suspected violations of its rules in 2011…
US and KSA Sign “Renewable Energy Projects” Deals
US Assistant Secretary of Commerce for Manufacturing and Services Nicole Lamb says the United States and Saudi…