Business Blog

Saudi-based Itqan Capital plans to expand its investment and advisory activities in the kingdom after it received regulatory approval to boost its capital, its chief executive told Reuters.

Egypt's Wethaq Takaful Insurance purchased today EGP 17 million worth of investment certificates to fund the new waterway along the Suez Canal, said General Manager of Financial and Administration Affairs Abd El Aziz Labib.

Saraya Bandar Jissah, the company developing Oman's newest Integrated Tourism Complex, on Tuesday announced the release of Zaha their first residential units for sale

Accor HotelServices Middle East signed a management agreement with Action Hotels to develop an ibis Styles hotel in Sohar.

ISTANBUL, Sept 10 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday.The lira TRYTOM=D3 was slightly stronger at 2.2023 against the dollar by 0525 GMT from 2.2032 late on Tuesday.Istanbul&aposs main share index .XU100 slumped 2.58 percent on Tuesday to 80,080.22. The benchmark 10-year government bond yield TR200324T0=IS rose to 9.16 percent on Tues

Business IT spending in the UAE is set to grow by 74%, according to IT research company IDC.