Business Blog

The ministry of foreign affairs has complained that Saudis traveling abroad do not heed its warnings and they still keep traveling to areas of unrest, according to Makkah daily.

Leading real estate developers revealed a trend toward downsizing apartment space Tuesday, expressing optimism over the continued success of the real estate market despite security tensions.

Dubai’s upscale properties are not growing in value like they used to. In fact, the pace of growth may have dropped to an anaemic 1% in the first three months of the year, compared with an average of 4 per cent quarterly growth in 2013, according to Knight Frank, the consultancy.

The Islamic Development Bank (IDB) and billionaire entrepreneur Bill Gates plan to set up a USD2.5 billion fund for the poor.

National Bonds Corporation (NBC), the leading Sharia-compliant savings and investments company in the UAE, has appointed new members to the Fatwa and Sharia Supervisory Board.

In order to improve its corporate customers experience; are now able to self-manage their accounts online in few steps.