2002
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KSA investment firms banned
Saudi Arabia has banned 24 investment companies for operating without licenses and offering... Read full article »
BFH construction starts
Construction of the first phase of the USD1 billion Bahrain Financial Harbour has begun. The cost... Read full article »
UAE bank sector boom
The UAE banking sector will exceed AED5 billion (USD1.36 billion) in gross net profit, and is... Read full article »
Etisalat pays final royalty
Emirates Telecommunications Corporation (Etisalat) has made the final payment of AED505 million (... Read full article »
Unified tax collection soon
Under the new GCC customs union, Gulf states will soon collect a unified five per cent customs... Read full article »
Dubai is world's largest gold market
Dubai has the highest concentration of jewellery stores in the world,according to Tawhid... Read full article »
Saudis re-open Iraq dealings
News agency AFP reports that Saudi exporters have won contracts worth USD44 million with the... Read full article »
UAE leads ISO certification
According to a Khaleej Times newspaper report, the UAE leads the Middle East and North Africa (... Read full article »
MasterCard grows in MEA
Card issuer MasterCard International reported 23.1 per cent growth in its payment systems during... Read full article »
MTC moves into Jordan
Mobile Telecommunications Company (MTC) of Kuwait is set to acquire a 91.6 per cent equity... Read full article »
Oil and gold prices rocket
Benchmark Brent crude oil prices leaped from USD28.34 at the close last Friday to USD29.20 on... Read full article »
GCC tariff union to boost FDI
The GCC tariff union which comes into force on January 1 will boost foreign direct investment,... Read full article »
USD240m Jubail plant for Chiyoda
Saudi International Petrochemical Company subsidiary the International Methanol Company has inked... Read full article »
Dubai Airshow, defence conference
The Dubai Airshow 2003 is to host a high-level strategic defence conference on December 6, the... Read full article »
Bahrain to call for mobile bids
Bahrain is to invite international and local companies to set up a second mobile phone company... Read full article »
