Business Blog

Apple Inc. has been granted a license to operate directly in Saudi Arabia, local newspaper Al-Eqtisadiah reported.

Bringing excellence closer to Islamic banking customers, Bank Sohar is proud to have launched a dedicated Sohar Islamic corporate website that aims to provide a portal through which potential and current customers can benefit.

Construction projects across all building sectors worth USD128.46 billion are expected to be completed by the end of this year hitting a 92.06 percent increase compared to 2013 (USD66.89 billion).

There was a massive increase in the number of tourist trips made within the Kingdom in 2013 thanks to the extensive revamp given to the country's tourism infrastructure.

Iranian companies are presently carrying out energy projects in 40 countries.

Dubai’s developers are finally getting a firm grip on speculators when it comes to off-plan purchases. And the formula they are using is quite simple — make sure that the property buyer is committed to an at least 30% payment before he can think of selling. In some cases, the threshold limit could be set at 40%.