Business Blog

IMF Cuts Egypt's Growth Forecast Citing Concerns on Tourism Revenues

The International Monetary Fund cut its growth forecast for the Egyptian economy on the back of security concerns affecting vital tourism revenues.

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HTC's Wifi calls update only for US; no global rollout for now

HTC's free Wifi phone call update may not come to the UAE, but users use it to capture dual videos

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Islamic Finance Gateway Daily Briefing

Wednesday, Oct 29 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services.You can view the full IFG briefing via http://tmsnrt.rs/1vdM0iH under IFG Briefings Subject.TOP STORIESOman Islamic banking hits 4.4 pct of assets, may double by 2018 -studyIslamic banking operations i

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Dubai rents fall: Greens, Marina, Springs, Ranches drop

Dubai International Financial Centre (DIFC) shows upward movement

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Hospitality sector to provide 300,000 jobs for young Saudis

The Saudi labor ministry is leading a drive to create 300,000 jobs in the hospitality sector for young Saudis.

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Dubai's du says network sharing deal to impact results

Du expects a network infrastructure sharing deal with Etisalat to impact results little by little, especially on fixed voice services, CEO Othman Sultan said.

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