National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf region’s third-biggest lender with $182 billion in assets,...
Qatar Airways bought a five percent stake in China Southern Airlines Co. by purchasing shares listed in Shanghai and Hong Kong as part of its plan...
The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy...
Over the 12 months to October 2018, price change for consumer goods and services (excluding housing) in the Gulf Cooperation Council (GCC) countries rose by 4.2%, according to figures...
The country’s real gross domestic product (GDP) is expected to grow 3.7 per cent this year, higher than the 2.9 per cent forecast for 2018 and...
A new $117m City Centre Sohar in Oman to open in Jan 2019 The mall will have more than 120 stores, a nine-screen VOX Cinemas and...
Oman’s government released a 2019 state budget on Tuesday that slows spending growth but may not cut a big deficit that has caused international rating agencies...
Talks between Egyptian officials and the Dubai-based Emaar Properties PJSC to develop a 1,500 acre (607 hectares) plot in the new administrative capital have stalled, underscoring...
Lebanon’s plight is turning into a crisis that could ultimately threaten the Middle Eastern country’s economic foundations, according to its finance minister. “The crisis today has...
Facebook Inc. Chief Executive Officer Mark Zuckerberg, criticized for months by lawmakers, privacy advocates and some investors, said he was “proud of the progress we’ve made,”...
