UAE Tops Arab World In Economic Freedom
The UAE has tied with Bahrain for first place
UAE businesses enjoy the highest economic freedom in the Arab world. This opens a wealth of …
Middle East
Agoda To Promote Tourism To Saudi Arabia
Agoda To Promote Tourism To Saudi Arabia. Saudi Arabia’s ministry in charge of the Islamic events of Haj and Umrah signed a preliminary …
Saudi University Ranks Best In The Gulf Region
RIYADH: The Jeddah-based King Abdul Aziz University (KAU) has been selected as the best university in the Gulf Cooperation Council (GCC) countries by …
Saudi Tourism Commission Launches ‘Destination For Muslims’ Initiative
JEDDAH: The Saudi Commission for Tourism and National Heritage (SCTNH) has launched an initiative to make Saudi Arabia the preferred destination for …
Focus On Key Investment Opportunities in Makkah Region
Makkah Region
MAKKAH Economic Forum, a two-day event in Makkah Region, will begin on Sunday (May 6) at the Jeddah Ritz-Carlton under the theme, ‘From …
Saudi Tourism Commission Adds 25 Sites To Heritage List
Saudi Tourism Commission
JEDDAH: The Saudi Tourism Commission and National Heritage approved the registration of 25 archaeological sites in …
Suleman’s ‘Fabric Of Life’ Showcases Social History Of Textile In The Middle East
“The Fabric of Life” acknowledges designers such as Jerusalem-born Briton Thea Porter, Tunisia’s Azzedine Alaia and Turkey’s Rifat Ozbek.
Books on …
Saudi Arabia Embraces $44 Billion Modest Fashion Market Globally
Saudi Arabia will host its first ever Arab Fashion Week in Riyadh this March, signalling its willingness to tap into the $44 billion modest fashion …
Saudi Food Imports Surging Due to Changing Consumption Patterns
DUBAI — A major shift in the food buying preferences of Saudi consumers is unlocking huge two-way trade opportunities in the Kingdom, according to a …
UAE Startups Lead GCC Countries
UAE startups secured Dh1.47 billion, or 84 per cent, out of Dh1.74 billion raised by regional players last year
The UAE continued to dominate the …
Saudi Arabia In Danger Of Losing The World`s Top Producer Of Oil
For the first time since 1975, the United States is poised to surpass Saudi Arabia and Russia as the world’s leading producer of crude …
VAT Takes Effect In UAE, Saudi Arabia
The introduction of a Value Added Tax (VAT) regime in the UAE marks the beginning of a new era in the history of the UAE economy where the general …
Iran, Qatar Target Maritime Trade Ties
Q atar has stressed the importance of facilitating maritime trade with Iran.
This was underlined by Qatari Minister of Transportation and …
Bank Dhofar of Oman Conducts Training Session On Islamic Banking
Muscat: With the aim of enhancing its employees understanding to Sharia related matters and to provide a greater insight into Islamic finance topics, …
Growth Drivers Of Islamic Finance Trade Between Asia And The Middle East
Speaking at a conference in Singapore, Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore listed a number of key trends …
Saudi Fashion Goes Global
LONDON: The rising stars of Saudi fashion may soon have more reasons to strut their stuff at home as much as abroad.
The Arab Fashion Council’s plans …
Islamic Banking Gains Significant Market Share in Oman
Dubai: Islamic banking in Oman is growing at a faster rate than conventional banking segment, with Islamic banking assets up more than 62 per cent …
Clifford Chance Advises Oman on Sukuk Issuance
International law firm Clifford Chance has advised the Government of the Sultanate of Oman on its return to the international debt capital markets …
Qatar Has Ninth-Strongest Islamic Finance Industry
The state of Qatar ranks ninth this year on the annually published Islamic Finance Country Index, showing considerable strength of its Islamic …
Salma Humanitarian Programme Dubai Launches Ramadan Drive
DUBAI: The Salma Humanitarian Relief Programme, an initiative of the Dubai Islamic Economy Development Centre (Died) executed by Awqaf and Minors …
Islamic Banks’ Growth in Saudi Arabia to Continue Unabated
JEDDAH — S&P Global Ratings forecast oil prices will stabilize at $50 per barrel in 2017 and 2018, with unweighted average GDP growth in the six …
Meethaq Bank, Oman Posts Q1 results
Meethaq Islamic financing receivables rose to OMR 902 million of 31 March 2017 compared to OMR 665 million in the same period of 2016. Islamic banking …
Heya Arabian Fashion Exhibition Showcases Coveted Collections
JEDDAH — Recognized as a creative celebration of contemporary modest fashion, Heya Arabian Fashion Exhibition, embraces the rise of the modest fashion …
Saudi Arabia Sets Islamic Finance Benchmark with Record US$9bn Sukuk
After wowing the markets with its landmark US$17.5bn sovereign bond, the KSA repeated the trick on the Islamic finance side, issuing the largest sukuk …