Omani Banks To Apply Basel III Next Year
Central Bank of Oman announced that ‘Basel III’ accord, the global regulatory standards on bank capital adequacy,…
Saudi Tadawul Index Falls 0.74%
The Saudi Stock Exchange saw it market gauge the all-share index (TASI) falling 0.74% Monday, closing at 7,525.17…
Arabtec Wins Contracts in UAE and Qatar
Arabtec Holding said one of its units won contracts valued at Dh504 million in the UAE and Qatar. Target…
Stronger Demand for Warehouses and Logistics in UAE
There is strong demand for high-quality warehouses and logistics facilities in the UAE and occupiers are seeking…
Abu Dhabi’s Rental Prices Fall
New data shows tenants in Abu Dhabi are enjoying the benefits of increased supply as a flood of new homes are being…
YouTube Introduces “Google AdWords” For Video
From the Dollar Shave Club to the taxidermy mastery of Chuck Testa, YouTube has shown itself to be an indispensable…
Cyber Attack Hits Iran’s Oil Network
Iran was investigating a suspected cyber attack on its main oil export terminal and on the Oil Ministry itself,…
Nestle Wins Pfizer’s Battle
Swiss food group Nestle is to buy drug maker Pfizer's baby food business for $11.85 billion, beating out French…
Philips’s New Management Achieves Surprising Turnaround
Philips Electronics reported better-than-expected quarterly results, buoyed by one-off gains and a stronger…
Microsoft Sells AOL’s Patents to Facebook
Microsoft, which just bought patents from AOL for $1 billion, is now turning around and selling most of them to…