Business Blog

Europe Factors to Watch-Shares set to dip; Iraq in focus

PARIS, June 16 (Reuters) - European stocks were set to fall on Monday, adding to last week's dip as mounting violence in Iraq prompts investors to further book recent lofty gains. Alstom ALSO.PA will be in focus on Monday after sources said...
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QIB-UK offering premium service for Qataris to buy London property

QIB-UK, a wholly-owned subsidiary of Qatar Islamic Bank (QIB), is offering unique real estate investment opportunities for its premium clients looking to purchase properties in London in view of the increasing demand from affluent Qataris.

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Realty funds outflow from region could be USD180bn

Despite all of the off-plan launches and projects that have been happening in Dubai and elsewhere in the Gulf, Middle East investors parked a substantial USD 13 billion in overseas commercial property last year and nearly double of what it was in 2012.

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Travellers urged to take care of their own health

About 50% of the people who travel for a month or so might develop some kind of illness, cautioned a physician dealing with travel related illnesses.

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Saudi Arabia sees record e-commerce transactions

Saudi Arabia had a 43 percent increase in e-commerce for the first quarter of 2014, as compared to the same period from 2013, according to estimates from Visa.

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DIFC hikes property registration fee from 3.5% to 5%

The Dubai International Financial Centre (DIFC) Authority has hiked freehold transfer fee for properties from 3.5 per cent to 5 per cent from April 1.

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