Islamic finance is set to expand rapidly in Commonwealth of Independent States (CIS) countries in the next five years from a very low base, Moody’s Investors...
Hilton and Kuwait-based Alshaya Group have signed an exclusive master development agreement to launch and develop 70 Hampton by Hilton hotels in nine countries with most...
Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun to restart...
Dubai’s Department of Economic Development has added 53 new business activities across a number of important sectors during the first half of 2019, according to media...
IBC Group, an UAE-based investment company, is planning to acquire 10,000 holiday homes in Dubai, according to an announcement made by the company yesterday. The $5bn...
Abu Dhabi National Exhibitions Company (ADNEC) and Al Ain Convention centre (AACC) have together contributed AED2.3bn to Abu Dhabi’s economy in the first half of 2019...
Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah Oil Industry...
In its financial statements for the second quarter (ending June. 30, 2019) ahlibank has recorded a noteworthy growth surge of 11.8% in its total assets amounting...
Sohar International recently announced the successful closure of its rights issue with an oversubscription. This raises its Tier 1 capital by OMR 40m. In spite of...
Oman Arab Bank (OAB) has added yet another feather to its cap by becoming the first bank in Oman to be recognised as an Authorised Training...
