“Record” Number Of Rooms Under Construction In Saudi Arabia
A record 47,431 rooms and 124 hotel projects are currently under development in Saudi Arabia, according...
Sheikh Hamdan Bin Rashid Opens Gulfood 2016
The 21st edition of the world’s largest annual food and hospitality trade show, Gulfood was officially...
First Maserati SUV to debut at Geneva International Motor Show
Maserati gives the first glimpse of the external look of the Levante, the first SUV in...
Investment opportunities open up in Georgia and Azerbaijan
World experts discussed investment opportunities across the Middle East, Central Asia and Central Europe, at this...
Aldar Properties net profit up 13% to AED 2.56b in 2015
Aldar Properties, the Abu Dhabi's real estate developer, on Monday announced net profit of AED 2.56...
Emirates NBD profit up 39% in 2015
Emirates NBD (DFM: EmiratesNBD) held its ninth Annual General Meeting (AGM) at the Bank’s Headquarters. At...
Real Estate Sector Slow Down is “Correction Not Crash”
The current slowdown in the UAE real estate market should be seen as a minor correction...
Cayan Group Expands Beyond Middle East
Cayan Group, one of the Middle East’s leading real estate developers, is making its foray into...
Ooredoo Myanmar in $300 Million Funding Deal with Asian Bank and IFC
Ooredoo Qatar-based Ooredoo Group’s fully owned subsidiary Ooredoo Myanmar has announced a US $300 Million funding...
Mohammed bin Rashid honours winners of UAE Drones
Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al...
Korean company Kiswire to open office in Saif Zone
Sharjah Airport International Free Zone, SAIF Zone, has announced that Korea-based global company Kiswire and the...
Majid Al Futtaim to invest SAR14bn in Riyadh mall concepts
Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and...
RAK Ceramics fully acquires European entities
RAK Ceramics announced the full acquisition of its British and German entities. The regional ceramic manufacturer...
Rail projects underway worth $352bn in the Middle East
errapinn Middle East, organiser of Middle East Rail, revealed that 16 major railway projects worth $352bn...
Toshiba Expects “Biggest Ever” Yearly Net Loss of $6bn
Toshiba Corp. said it would record the biggest annual loss in its 140-year-old history as the...
KHCB reports 109.8% increase in net profits over 2014
Khaleeji Commercial Bank (KHCB), a prominent Islamic retail bank, announced its financial results for the year...
DFM Company posts net profit of AED 261 million in 2015
Dubai Financial Market (PJSC) today announced its results for the financial year ending 31st December 2015...
Nakheel declares net profit of AED4.38 billion for 2015
Nakheel today announced its results for the financial year ending 31st December 2015, a net profit...
DXB Reports 78 Million International Passengers For 2015
Dubai International Airport (DXB) has reported annual traffic of just over 78 million for 2015 –...
Shurooq Establishes Omran Properties with Emaar and Eagle Hills
New company seeks to develop investment, commercial, industrial and real estate projects in Sharjah and beyond....
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