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Forex update, Dollar strength continues as Gold struggles

Research director Kathleen Brooks gives her view on the short term outlook for gold as it struggles to recover and dollar movement, as last week saw the dollar index rise 2% amid rumours of the end of QE3.

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Banque Saudi Fransi rises as capital arm launches real estate fund

Banque Saudi Fransi rises as capital arm launches real estate fund

The Saudi Arabian Tadawul All-Share Index lost 0.40% to close at 7,333.83 points Saturday. Banque Saudi Fransi ended up 0.33% at SR30. Earlier in...

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Islamic Finance: where next for the industry

Islamic Finance: where next for the industry

While the comeback of stock market rallies investment banking, the Shari'ah-compliant industry faces its toughest test since it entered its boom phase a decade ago.

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Huawei's posts 18% rise in revenue from Mideast in 2012

Huawei's posts 18% rise in revenue from Mideast in 2012

China-based Huawei Technologies Co has said revenue from its Middle East operation jumped 18% to $2.08 billion in 2012, Reuters has reported. The...

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Sony unveils 10.1 inch Xperia Tablet Z

Sony unveils 10.1 inch Xperia Tablet Z

The next instalment of Sony's tablet series was revealed today at a Dubai press conference, with a focus on connectivity and entertainment.

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Sohar refinery expansion project attracts six bidders

Sohar refinery expansion project attracts six bidders

Oman Oil Refineries and Petrochemicals Co (Orpic) as said six international firms have submitted bids for the major engineering, procurement and...

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World Bank funds best invested in desert power?

World Bank funds best invested in desert power?

Earlier this week, the World Bank published a report warning of the dramatic consequences of climate change and called on governments around the world to redirect the $1 trillion spent overall...

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Bahrain's GPZ in deal with 1,800 workers to end strike

Bahrain's GPZ in deal with 1,800 workers to end strike

Bahraini labour ministry has said around 1,800 workers at G P Zachariades (GPZ) contracting firm who went on strike last week, claiming they hadn't...

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Damac to build mega golf community in Dubai

Damac to build mega golf community in Dubai

Adding to the increasingly growing roster of mega property launches in Dubai, Damac Properties has announced plans to build a massive 28 million sq ft development in the emirate.

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New Levant service from Hapag-Lloyd

New Levant service from Hapag-Lloyd

Germany's Hapag-Lloyd has launched a new Levante Express Service (LEX), with the first sailing of the weekly service to be from Cagliari (Italy) on...

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Kerzner to open first One&Only resort in Saudi Arabia

Kerzner to open first One&Only resort in Saudi Arabia

Kerzner International Hotels Limited, which manages the Atlantis resort on Dubai's Palm Jumeirah, has announced that it has signed a deal to open the first One&Only Resort in Saudi Arabia.

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Mobily awards ad brief to Impact BBDO, Lowe MENA

Mobily awards ad brief to Impact BBDO, Lowe MENA

Saudi mobile telecoms operator Mobily has split its creative advertising brief between Impact BBDO and Lowe MENA following a review, Campaign ME...

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Happy birthday YouTube - the top 8 videos of all time

Happy birthday YouTube - the top 8 videos of all time

As YouTube turns eight years old, more than 100 hours of video are being uploaded each minute.

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Latest Videos

 

OMRAN drives new tourism projects in Oman

Video: Tourism projects across Oman, from the Northern enclave of Musandam to...

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Latest Photos

Riyadh metro's ultra-modern designs revealed

UK-based Zaha Hadid Architects has revealed the following images of its designs...

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